Microsoft commits $500 M for new startup initiative

By IANS|15th Feb 2018
Clap Icon0 claps
  • +0
    Clap Icon
Share on
close
Clap Icon0 claps
  • +0
    Clap Icon
Share on
close
Share on
close

Microsoft has committed $500 million for a new programme to help nurture startups, offering resources such as Azure credits and sales support.

"Microsoft for Startups" will deliver access to technology, go-to-market and community benefits to help startups grow their customer and revenue base.

"We are committing $500 million over the next two years to offer joint sales engagements with startups, along with access to our technology and new community spaces," Charlotte Yarkoni, Corporate Vice President, Growth and Ecosystems at Microsoft, said in a blog post late on Wednesday.

Microsoft has over 40,000 sales representatives and hundreds of thousands of partners.

The programme provides dedicated resources to prepare startup marketing and sales teams to effectively sell their Cloud solutions to enterprise organisations in partnership with Microsoft's global sales organisation and partner ecosystem.

The programme provides startups with up to $120,000 in free Azure credits, enterprise grade technical support and development tools -- supporting the languages of their choice.

"In addition, qualified startups also get access to productivity and business applications, including Office 365 and Microsoft Dynamics 365," the post said.

Microsoft Reactors are physical spaces where entrepreneurs, developers, investors and the business community can come together to interact, learn, and share.

"Over the next month (March), we will open the doors on new Microsoft Reactor spaces in London, Sydney, Tel Aviv, Berlin, Shanghai, and Beijing," Yarkoni said.

Want to make your startup journey smooth? YS Education brings a comprehensive Funding Course, where you also get a chance to pitch your business plan to top investors. Click here to know more.

Clap Icon0 Shares
  • +0
    Clap Icon
Share on
close
Clap Icon0 Shares
  • +0
    Clap Icon
Share on
close
Share on
close