You want to be an innovator
If you are serious about turning your idea into a real app, then initial research is key to understand the market and potential for the concept. Considering the cost of producing, marketing and supporting the app and the potential revenue that can be earned we feel the small investment requested to cover the cost of providing a quality assessment report is fair and equitable.
We have what we call an incubation pod and it’s filled with innovators (ideas people like you), app designers/developers and marketers. We do our research, due diligence and get together to evaluate, probe and dissect your idea until our heads hurt or we break some furniture. Then we make a decision whether to develop it as an app.
There’s no cost to you. We take on the responsibility, time, effort and money to design, develop and promote your app idea so that has every chance of being successful. You just have to sit back, relax, and wait for the residual income to come in if the app starts to sell.
Good question! First, we treat all submissions as commercial-in-confidence under out submission T&C’s. Then, we provide full terms of engagement once your app idea is accepted. It’s a binding legal document that protects your rights to receive the agreed percentage of royalties/residual income for the lifetime of the app in return for assigning your intellectual property (IP) in the app to us.
To understand how we divi up royalty percentages it is probably best to give an overview on how we allocate percentages.
- Innovation (idea)
- Concept design
- Interface and UX design
- Business management
- Project management
You want to join AppVillage as a developer, designer, producer or investor:
All you do is fill out the application form here and away we go. If we think you’ll fit in well with the other app villagers, we’ll take you on.
We send you app ideas once they have been accepted by AppVillage and you can choose which ones you want to work on. You’ll also be collaborating with a whole bunch of like-minded developers.
While we don’t pay you a salary or a wage because this is an entrepreneurial venture and all of us get paid when if the app is sells, you’ll be entitled to a cut of the royalties once the app goes to market.
Basically we may take on the responsibility, time, effort and money to promote the app once you’ve developed it so that it has every chance of being successful. You just have to sit back, relax, and wait for the residual income to come in if the app starts to sell.
Good question! Well, we provide terms of engagement once you come on board. It’s a binding legal document that clearly states the percentage of royalties/residual income you’ll be entitled to receive for the lifetime of the app. Our whole business model relies on us honouring our agreements.
If the app is selling successfully you shouldn’t even consider this. But if you really want to quit then you can sell your royalty rights to someone else, usually another villager or us. We’ll facilitate this process, you just need to get in touch with us.
Yes you can and their value depends on how well the app is doing based on the formula stated in our agreement.
See answer above in the FAQ for innovators.