Apple informing developers who’ve been accepted into the Small Business Program

As noted by MacRumors, Apple has begun ontacting eligible developers to inform them that they’ve been accepted into the Small Business Program.

The tech giant announced the program in November, saying it’s designed “to accelerate innovation and help small businesses and independent developers propel their businesses forward with the next generation of groundbreaking apps on the App Store.”

Apple CEO Tim Cook says the new App Store Small Business Program will benefit the vast majority of developers who sell digital goods and services on the store, providing them with a reduced commission on paid apps and in-app purchases. Developers can qualify for the program and a reduced, 15% commission if they earned up to $1 million in proceeds during the previous calendar year.

The App Store Small Business Program will launch on January 1, 2021. Its reduced commission means small developers and aspiring entrepreneurs will have more resources to invest in and grow their businesses in the App Store ecosystem, according to Apple.