Microsoft launches BizSpark to boost technology start-ups

Microsoft launches BizSpark to boost technology start-ups

By Cheryl Frois,

SINGAPORE: Microsoft has launched a new global initiative designed to give technology start-ups a boost.

Called BizSpark, part of the programme will significantly subsidise the costs of development software, technology and support for entrepreneurs.

It aims to address issues commonly faced by start-ups such as software access, market support and global visibility.

Start-ups will have fast and easy access to current full-featured Microsoft development tools and production licenses of server products with no upfront costs.

The programme will also provide a worldwide network of hosting partners, offering discounted hosting services to start-ups that would like to take their business or product online using their BizSpark licences.

Start-ups will also have the opportunity to be profiled and promoted on an online start-up directory hosted on the Microsoft Start-up Zone.

In Singapore, Microsoft has the backing of the Media Development Authority of Singapore, SPRING Singapore, Infocomm Development Authority and 11 partners, including venture capitalists, incubators and web-hosters.

It has so far signed up 12 start-ups and aims to enrol 150 by the first year.

To qualify, start-ups need to be privately-held and be in business for less than three years, generating under US$1 million a year in revenue.

More information is available at www.microsoftstartupzone.com

- CNA/de

Source : Channel NewsAsia - 21 Nov 2008

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