250K US Dollar Venture Funding to Promote Samsung Mobile Phone Content
250K US Dollar Venture Funding to Promote Samsung Mobile Phone Content
27th October , 2009
US / Europe : A new 250K US dollar venture fund has been announced by Samsung to invest in persons and companies with new ideas for mobile game ideas and solutions for mobile phones. The fund will be managed by Handmark and selected entries will receive up to 250K US dollars to aid the development of selected ideas.
The companies are searching for games that best showcase Samsung mobile phones and the advanced features they offer. Both current and new content ideas are encouraged, taking timing and cost into consideration.
“We know there’s a wealth of great ideas out there waiting to be discovered,” said Chris Barnett, senior vice president of Global Sales and Strategic Partnerships for Handmark. “This is a fantastic opportunity for anyone, including big brands, mobile developers or any individual with a unique, creative idea to make it a reality.”
“Samsung recognizes the importance of content and applications for today’s mobile phone users,” said Ho Soo Lee, executive vice president for Samsung Electronics’ Media Solution Center. “We are pleased to broaden our partnership with Handmark to help lead the Global Venture Fund, using their expertise to support us capturing great ideas and raise the standard of mobile innovation.”
In addition to funding those selected, Handmark will also provide assistance with development, testing and certification, as well as distribution of the application through the Samsung Application Store.
To submit a proposal or for more information, visit www.handmark.com/company/samsungfund. The deadline for entries is November 20, 2009 at 5 PM CT.
Other News