I can't I didn't read this until now and for those who have not, read on Mashable.
The 25 winning applications for fbFund each received $25,000 to use toward developing their idea. The same applications will compete for five $225,000 prizes that will be awarded in December 2008. Facebook – along with venture capital firms Accel Partners and Founders Fund - will distribute up to $10 million to developers.
(Lisa J., this one's for you!) Pongr - Pongr is a mobile price comparison service that lets you check prices online and at nearby stores.
The 25 winning apps are available on Facebook, Iphone and/or other online sites.
BTW, Facebook will not sign NDAs for fbFund.
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