Google Gadget Ventures

Are you a Google Gadget Developer? Then there is a good news from Google.

Inspired by the grand success of iGoogle project, which was developed by third party software developers, the search-engine company is planning to provide grants and seed investments to gadget developers and gadget-related businesses.

Google's anouncement in their Official Blog is HERE.
Web page for the Project is HERE.
... and they do have a FAQ, HERE.

All the best friends.. [;)]

PS: The eligiblity criteria says this is only for those who have developed a Google Gadget in their Google Gadgets directory and generates at least 2,50,000 weekly page views.