Following a successful first round of the Facebook fbFund competition, Facebook is kicking off their second round. The 25 winners from the first round of the competition will win $25,000 to build out their applications and have the ability to apply for the second round where 5 winners will be granted $250,000 applications. Visit the fbFund Website for more details. Also, it appears that the Facebook team is enjoying their summer as they’ve created the video that I’ve posted below to kick off this second round. While the first round was announced, it will be interesting so see how these application fare on the new Facebook platform.