$150 million “BlackBerry Partners Fund” is created

Remember when Apple introduced the SDK a couple months back and opened the development of future applications up… in that same meeting Kleiner Perkins created a $100 venture million fund for iPhone developers.

Today it was announced that Research In Motion , RBC and Thomson Reuters have joined together and launched a similar opportunity valued at $150 million and called it the “BlackBerry Partners Fund”. This fund will invest in mobile applications and services for the BlackBerry platform and other mobile platforms.

Here is a list of possible applications they are looking to start off with – also give some insight into RIM’s priorities:
– mobile commerce (payments, advertising, retailing and banking)
– vertical and horizontal enterprise applications
– communications
– social networking
– location-based applications and services (navigation and mapping)
– media and entertainment
– lifestyle and personal
– productivity applications.

“The mobile world has evolved well beyond phone calls and simple messaging to require more empowering and liberating solutions that connect people to everything that matters most to them, wherever and whenever they want,” said Jim Balsillie, Co-CEO, Research In Motion. “RIM, RBC and Thomson Reuters share the common belief that mobile applications and services will
propel the industry forward and the BlackBerry Partners Fund is being formed to help fuel innovation and activity in the mobile ecosystem.”

Check out the corporate website here: www.blackberrypartnersfund.com