Programming - - By Matthew Magain

Win Cash for the best Facebook App!

Via digg: Our current feature article about developing for the Facebook Platform with PHP is extraordinarily timely, given the recent announcement from venture capital firm Bay Partners on Tuesday that they will be offering cash prizes for the best Facebook applications.

Dubbed the “AppFactory,” the program will grant awards of US$25,000 to $250,000 to Facebook developers using a fast-track approval process. The company hopes to make up to 50 such awards, Salil Deshpande, a partner at Bay Partners, told the E-Commerce Times.

Given that Facebook has just clocked 30 million members, there’s never been a better time to make your app even more social. Email your application for the AppFactory program to Bay Partners to be eligible.

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