Microsoft opens Azure-based Startups Founders Hub, easing eligibility rules – Channel Asia


Source: infoworld.com infoworld.com

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Scott Guthrie (Microsoft) Credit: Microsoft Microsoft has made its Startups Founders Hub generally available and eased the eligibility criteria for the program, meaning a founder only needs to have an idea to gain access. Instead of providing traditional benefits, such as lump cash sums in funding, Microsoft is instead providing start-ups with progressive amounts of Azure credits over their journey on the program. At the "ideate" stage, start-ups can get up US$1000 of credits per year, increasing to $120,000 for companies who are ready to scale up. No prior funding is needed for participation, removing a lot of barriers founders...