The 2009 fbFund REV incubator program currently has ~25 startups, and the average funding amount is $25K (note: a few of our startups are non-profits, they do n

The 2009 fbFund REV incubator program currently has ~25 startups, and the average funding amount is $25K (note: a few of our startups are non-profits, they do not receive funding). In general, almost all of our startups have already built out a prototype prior to applying for funding. While we wouldn't rule out funding someone completely at the "napkin concept" stage, it's probably unlikely compared to the # of opportunities that already have some level of development. likely it would be best if you build out some amount of relevant prototype to test your proposed customer problem/solution hypothesis. that said, we are not planning to begin a new round of fbFund until next year sometime, so you might want to consider other alternatives as well. for more info on fbFund, you can read details on TechCrunch here: http://www.techcrunch.com/2009/05/28/facebook-names-first-class-of-fbfund-rev-its-new-incubator/ http://www.techcrunch.com/2009/05/28/facebook-names-first-cl... regards, - dave mcclure fbFund REV incubator program investment manager