Here’s some good news for small business owners. You may soon have a chance to build your own mobile website with a smartphone app. Palo Alto incubator Archimedes Labs has made its largest investment on mobile web development startup, called M.dot.

Co-founders Dominik Balogh and Pavel Serbajlo are currently testing M.dot in private beta. Keith Teare, who led the investment, thinks that this could potentially disrupt the web-based business.

The app comes with preloaded templates with easily customizable features like store hours, location and price lists for small businesses. Serbajlo said that they have kept the app very simple because people don’t like to enter a lot of information on their smartphones when visiting mobile sites.

The app also has a blog feature which allows users to write and insert pictures and video. It’s also integrated with Facebook, Twitter, Flickr, YouTube and Dropbox enabling users to easily add their own media to the site or blog.

The app and its features will be available for free. And free sites will be on an M.dot domain, like “domainname.mdot.go” but users can pay for their own mobile domain, such as “m.domaainname.com.” The app also supports “www” domain names.

M.dot’s primary use is for mobile websites, but the developers hope people end up using it as their main site. The coding has been optimized for smartphones, but looks clean and appealing in a web browser.

The main advantage here is that it is an app while the major competitors like dudamobile, Wix and goMobi are all web based.

The makers hope to launch M.dot this fall.