Lenovo Music Fund Interpretation: developers can develop le pad first application

Tencent Science and Technology (Guoxiaofeng) November 12 News, Lenovo 2010 Mobile Internet Developers Conference opened in Beijing today, announced the association of the Application Store "paradise" development strategy, and launched a 100 million-yuan scale of "Le fund."

It is understood that if the enterprise or developers get the Lenovo Music fund investment, will have the opportunity to develop with Lenovo dedicated applications, including the next year will be released in the first quarter of Lenovo Music pad.

Le fund focuses on start-up period enterprises

It is understood that the first music fund (since the release of 1-2 years from the date) to invest 100 million yuan in capital, by Lenovo Holding Company's professional investment team specific operations management, investment areas will focus on the mobile internet industry, mainly (but not limited to) is the mobile Internet innovation applications and services.

"Le fund" will target enterprises according to different development cycle into three categories, respectively, to give different funds and value-added services:

Start-up enterprises: To have a unique creative, with strong entrepreneurial will of the entrepreneurial team, to provide "start-up" venture Capital and Enterprise incubation services

Early enterprise: To have the product prototype, will step into the scale to promote the start-up enterprise, provides "the run-up" the investment capital

into a long-term enterprise: the product or service has been initially popularized, hope to enter the rapid growth of outstanding enterprises, to provide "accelerated" investment funds

According to the enterprise evaluation, for each enterprise investment scale between 1 million-16 million, for the larger capital scale of the growth period of enterprises, Lenovo Investment Company will be a professional venture capital company in collaboration with "Le Fund" investment. The standard of evaluation involves innovation, enterprise growth potential, excellent entrepreneurial team, and "Le Fund" concept fit.

Developers can participate in the first application development of Le pad

Unlike ordinary venture capital, "Le Fund" is angel investment, focusing on start-up period and early start-up enterprises, the investment enterprises will get Lenovo group related business support, Le Fund "value-added value mainly reflected in the following aspects:

Technical exchange: To become "Lenovo Paradise" important partners, access to "technical communication training, industry salon exchange, National Congress" series of support

Strategic guidance: Regular communication Lenovo mobile interconnection Strategic direction, guide the "Le Fund" Enterprise product development Direction

Publicity and promotion: "Le Fund" enterprises and their products will be in Lenovo covering the national sales channels and publicity system to get the focus of publicity and promotion, rapid access to market visibility

Deep development: cooperation and development of exclusive applications (in the music phone, le pad starter, highlighting the unique user interaction music phone experience)

Extensive cooperation: using Lenovo's influence in the industry, to help "Le Fund" enterprises to find upstream and downstream partners to solve the growth of entrepreneurial enterprises in the bottleneck problem

Pre-preinstalled opportunities: for highly innovative boutique applications, there is a chance to pre-installed in Lenovo products

Currently, "Le Fund" has received some applications from developers.