The Indie Fund, originally announced at GDC '10 and run by various well-known indie developers, has now opened its doors and is accepting submissions.

Any developer can apply, although there are a list of requirements that must be complied with. In a nutshell, they're looking for fresh ideas that aren't simply clones of tired genres, a playable prototype and, unsurprisingly, a game which is going to make money.

If you believe you have a project which matches the criteria, you'll need to put together a video of in-game footage and then fire of an email to them. All details can be found here. Good luck to anyone who applies!