BlackBerry has $250,000 for your app ideas

(Credit: BlackBerry Partner's Fund)

So you have a great idea for a BlackBerry application, but like the rest of us in the poor old U. S. of A., you have no money to develop it.

Enter the Jump Start Financing Initiative, which provides entrepreneurs with capital infusions of up to $250,000. The initiative is designed to bring new and innovative ideas into the development process faster, allowing entrepreneurs to focus on building smartphone applications instead of raising capital.

Announced Monday, the initiative is funded by the BlackBerry Partners Fund, a $150 million venture capital fund formed to focus on applications and services for the BlackBerry and other mobile platforms.

Interested entrepreneurs should go here.