BMW i Ventures Fund is already making a difference in the highly competitive mobile applications market. The recently launched $100 1000000 fund has been a proud supporter of the NYC Big Apps competition in 2011 which rewards the developers of the nigh creative, all-time implemented, and impactful applications for delivering information from the City of New York'due south NYC.gov Data Mine to interested users.

This year'southward winners were the folks from "Roadify"(www.roadify.com), an iPhone App that alerts users to the latest subway, bus, or driving weather condition past adding real-time updates from commuters on top of official transit data.

Back in Feb, at the launch of the new i sub-brand, BMW also launched a venture fund. BMW plans to expand its range of mobility services over the years alee.
To attain this, a Venture Capital company was founded in New York City, BMW i Ventures, with an investment totaling up to 100 one thousand thousand United states of america dollars.

bmw i bigapps 655x306 The new venture fund is aimed at talent in the New York City area and likely in Silicon Valley that will assistance the visitor create an eco-system around the make. The $100 million will be funding a wide range of mobile applications and connectivity solutions that will enhance the driving experience and connect the customers to their vehicles, and car-to-machine communications.

New York-based My City Fashion is the offset company in which BMW i Ventures has taken a stake.