Selected companies will receive cash awards along with free technology
and mentorship from Microsoft to scale solutions that help close the digital
divide; application deadline is Jan. 15, 2016.
Microsoft Corp. has launched a new fund to cultivate companies with
solutions that bring affordable Internet access to underserved markets.
The fund is part of Microsoft’s Affordable Access Initiative, which
invests in new last-mile access technologies, cloud-based services and
applications, and business models that can reduce the cost of Internet access
and help more people affordably get online. Starting today, eligible companies
can submit their application online at http://www.microsoft.com/en-us/affordable-access-initiative/home.
“Today there are approximately 4 billion people globally without
Internet access,” said Peggy Johnson, executive vice president of business
development at Microsoft. “The ability to close that gap is more achievable
than ever with technology that is readily available and affordable in many
parts of the world. Through this fund, we hope to kick-start the
entrepreneurial process by identifying promising ideas that we can help
nurture, grow and scale.”
Under its Affordable Access Initiative, Microsoft partners with Internet
access providers and other public and private sector entities on innovative and
practical connectivity and services solutions designed to deliver the greatest
socio-economic impact to the greatest number of people. Examples of other efforts
underway include these:
• Microsoft’s deployment of TV white spaces technology, which repurposes
TV frequencies not being used locally to provide affordable, robust Internet
access to entire communities. With its partners, Microsoft is currently
deploying the technology in 17 countries and five continents.
• Microsoft 4Afrika Initiative, a multiyear initiative through which
Microsoft is actively engaging in Africa’s economic development to improve its
global competitiveness through locally relevant innovation, affordable access
and skills development.
How to apply
Applicants must be commercial organizations with two or more full-time
employees and have a prototype of a working solution and preferably paying
customers. Such products and business models might combine new cloud services
and applications, low-cost forms of Internet connectivity, and new payment
mechanisms designed for consumers and smaller businesses in underserved
markets. A list of criteria, and the application, can be found at
www.microsoft.com/en-us/affordable-access-initiative/home, Applications
will be accepted until midnight PST on Jan. 15, 2016.
In addition to receiving on average approximately $75,000 in funding and
free software and services, recipients will also have the opportunity to
participate in a program offered by Microsoft to connect with other grant
recipients and potential funders.
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