Samsung offering £525K prize for Galaxy S4 developers

Calling all Android developers — if you have a great idea for an app, then you could win cold hard cash from Samsung.

The electronics giant on Monday announced its Smart App Challenge 2013, a contest aimed at finding new Galaxy S4 apps that utilise group communication functionality in interesting ways. The contest runs from 20 June until 31 August and is open to all mobile app developers across the globe.

All apps must leverage the Samsung Chord SDK, which allows developers to build collaborative, content-sharing apps without a detailed knowledge of networking. Chord, available for Samsung devices running Android 4.0 or later, can be used to quickly and easily connect nearby devices for real-time interaction, data-transfer, or multi-player gameplay.

Samsung will select 10 winners who will receive a total of $800,000 (£525,000) in prize money, plus the opportunity for investment evaluation and app promotion. The grand-prize winner will take home $200,000, (£131,000) while the runner-up will get $100,000 (£66,000). Each of the remaining six winners will receive $50,000 (£33,000).

The judging period will take place during this October and November, and Samsung will announce the winners in December.

"At Samsung we will continue to encourage mobile developers to develop new and innovative applications with newly-launched features of the Galaxy series," Won-Pyo Hong, president and head of Samsung's media solution centre, said in a statement. "The Samsung Smart App Challenge will greatly enhance application choices for Galaxy S4 so users can enjoy a valuable experience."

All apps must be submitted in English and sold on Samsung's proprietary app store after 1 May. Developers who wish to participate can sign up on the App Challenge website and register their apps beginning 20 June.