Microsoft to work with Telangana to nurture startup ecosystem
Microsoft CEO Satya Nadella said his company is interested in working with the Telangana government through Microsoft Ventures Accelerators to give a push to the startup ecosystem. He further said the company is interested in the field of last mile technological connectivity to rural areas of India along with local entrepreneurs.
Addressing a gathering at T-Hub, a technological incubator promoted by the Telangana Government, Nadella advised the startup community to learn from the failures. "We are here to be a part of your success, with our accelerators where we aim to work with T-Hub. But most of all, I'm here to be inspired by your dreams," Nadella said according to a press release issued by the Government.
Nadella also spoke about three important points to keep in mind for startups - not lose out on the concept that drives them, capability that is needed to build to chase after that concept, have that persistence and to curate the culture they drive in their organisation on a constant basis. He added that culture can never be faked and the more you live it, the more sustainable your business approach becomes.
The Microsoft CEO also spoke about the much talked about White Space technology as he emphasised on the importance of last mile connectivity. "One of the things I feel that is most important is connectivity. So, there needs to be a market-based solution and also a local entrepreneur that goes out and creates that last mile connectivity that offers affordable solutions," Nadella said.
Microsoft recently launched a pilot project in Kenya to deliver low-cost, high-speed wireless broadband and create new opportunities for commerce, education, healthcare, and delivery of government services across the African country. It is the first deployment of solar-powered based stations together with TV white spaces, a technology partially developed by Microsoft Research, to deliver high-speed internet access to areas currently lacking even basic electricity, Microsoft had said.
