Brits Launch First iPad App Dev Fund

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@AP

Before you can even get your hands on one, Northern Film & Media is offering £40,000 (about $64,500) for iPad application ideas from developers in England’s North East.

Dev teams — which can include some members from out of the area —  have until February 24 to come up with revenue-generating ideas that don’t duplicate the device’s standard app functions, aren’t kissing cousins of iPhone apps and are launchable by summer, 2010.

They’re putting up the cash in the hopes that locals will make a mark on the iPad:

“The iPod changed the way we thought about music. The iPhone transformed our attitudes to mobile phones, and opened our minds to all the things they could do other than call people” Tom Harvey, Chief Executive of Northern Film & Media said in the presser.  “What does the iPad transform? You decide. Newspaper and magazine reading? Gaming? Writing and painting?”

The location requirement is fairly strict but may be skirtable: the app must “be developed by teams where at least 70% of the team’s talent have their base in and 50% of the budget is spent in the North East.”

Complete info and application download here.

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