Canva opens up its $50mn Developer Innovation Fund
NEW DELHI: Visual communication platform Canva on Monday announced the opening of applications for its $50 million Developers Innovation Fund to provide financial support and incentives to developers. The fund aims to reward developers who share Canva’s goal to democratise design and foster a diverse marketplace of free-to-use apps on Canva. It aims to create the most pluggable visual communications platform available by bringing every design and AI capability onto a single page. The company launched the programme in June, and after that thousands of developers joined the Canva Developers Programme and have published 60 new apps using the Canva Apps SDK, which have collectively been used 15 million times, as per the company. It will begin distributing the fund in the form of App Adoption Awards and Developer Grants.