Last March a group of successful indie game developers, including the two man team of 2D Boy (makers of World of Goo) and Jonathan Blow (the creator of Braid) announced plans to launch Indie Fund, a venture designed to help fund the making of promising indie games. Today the Indie Fund web site launched its application process allowing development teams to submit their games for possible funding by the organization.

The submission process requires not only a description of the game but also a video that shows in-game footage from the title. Indie Fund plans to give out money to five or six games over the next two to three years although the venture could raise more money for a second round of funding if the first is deemed successful.