Did you watch the Apprentice last week? If you did you will know that the contestants were tasked with dreaming up a brand new app concept which they had to take to market, the winners where the team with the most downloads. The whole episode spawned a lot of would be entrepreneurs to think of better app ideas, however, the problem many have is actually making their concept a reality.
Got a great idea but lack app building skills?
A new service, aptly named Fundedapps aims to take the best ideas from everyday folk and turn them into fully fledged apps. For their trouble they keep 75% of app profits whilst the concept inventor receives £250 and 25% of all profits once the app has gone live – not bad for an idea.
Alastair Curtis explained: “There’s an absolutely huge market out there – nearly 27 million mobile phone users in the UK have downloaded and used an app and this figure is constantly growing. With FundedApps, you can easily submit an app idea, and if it’s good enough, you stand to make a huge amount of money.”
The facts really do speak for themselves, 10 billion apps have been downloaded from the Apple app store already and this is only going to increase as more and more people turn to smartphones and tablets. If you have an idea now really could be the time to get cracking with an app, we’re not saying Funded Apps is the only way to go but it makes a whole lot of sense if you have an idea but don’t have the knowhow or funds to build the actual app.
Basically their app is free to download, however for each idea you submit it will cost you £1.19, funded apps look over the idea and if they think it has legs will send you details of how they would like to proceed. Likewise if they think it’s a terrible idea you will receive a polite ‘no’.
Do you think Funded apps is a good idea and will you be giving them a try?