Could Your Startup Take pleasure in Microsoft Ventures?

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Up previously most folk pondering Microsoft might need thought software. However the tech giant announced this week it might also become a pacesetter in aiding entrepreneurship besides.

Writing at the Official Microsoft Blog , Rahul Sood, general manager of Microsoft Startups, introduced Microsoft Ventures , a world effort combining several Microsoft programs currently proving funding, mentoring, and guidance to entrepreneurs worldwide.

In the post, Sood explained:

Today, Microsoft is announcing the creation of Microsoft Ventures, a coordinated global effort that gives the tools, resources, expertise and routes to market by providing mentorship, technology guidance, seed funding, joint selling opportunities and other benefits.

BizSpark

The new Microsoft Ventures effort combines and strengthens programs Microsoft already has in place with new programs still being built.

One of those existing programs is BizSpark . The initiative provides software including Windows and Office, Visual Studio, Windows Azure and extra support to promising and visionary startups free of charge. Microsoft says this system currently serves 50,000+ members in 100 countries on 6 continents.

Accelerators

The accelerator programs offer immersive 3 to six month experiences for early stage startups including mentoring, technical guidance and a possibility to construct connections. To be considered, startups need to have a whole-time founding team, lower than $1 million in capital funding raised, and needs to be developing a technologically driven option to solve a genuine world problem.

Microsoft already operates accelerators in Bangalore, Beijing, Paris, Seattle and Tel-Aviv and should be adding new accelerators in Berlin, Moscow and Rio de Janeiro soon.

Funding and Community

Finally, Sood says Microsoft Ventures is creating new resources to assist entrepreneurs grow their businesses.

For example, the corporate can be expanding its existing Bing Fund to supply seed money directly from Microsoft for startups already experiencing early success. Neither Sood nor the Microsoft Ventures website are specific concerning the amount of funding prone to be offered or the factors for firms to receive it.

Microsoft also says it has built partnerships with 200 startup focused organizations globally including Startup BootCamp, Enterprise Ireland and Telefonica’s Wayra. The corporate says it’s going to continue to expand this community to make further investments in entrepreneurship globally.

The company has provided a great way for entrepreneurs to be told more concerning the opportunities available. Microsoft Ventures offers an easy sign-up form to permit interested entrepreneurs to be notified once program applications become available.

Microsoft Photo via Shutterstock

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