Back when I got my first mobile phone, all it was capable of was making phone calls and sending text messages. Being a phone, essentially. Nowadays, smart phones are exactly that – smart. I can do my grocery shopping on my iPhone, I can order a pizza, organise my lovefilm list, even time the contractions during my wife’s labour!
Applications (or apps) for mobile phones are big business now, to the point that even a task on ‘The Apprentice’ was dedicated to them. If you’re a bit of a technological whizzkid you might like to have a go at designing the app yourself. However, you can also use something like FundedApps. It’s a new app that allows normal members of the public like you and me to submit an idea for an app of our own. All you have to do is put together an outline of what the app is, and who it is aimed at, and should the firm like the idea, they’ll invest into building it. At this stage you’ll get £250, and once the app is launched, you’ll be entitled to 25% of the app’s net profit….
Read the full story: http://uk.finance.yahoo.com