Y Combinator and Microsoft announced a program this week that will pour free access to the Azure cloud computing platform onto the incubator’s current class of startups.
The deal includes $500,000 in credits to Microsoft’s cloud computing service Azure, and three years of access to its Office 365 suite of productivity tools. Half a million worth of Azure usage is nothing to Microsoft, but for young companies that are part of Y Combinator, the sum is a multiple of the cash that they receive to help build their firms as part of the program. That makes it a materially interesting offer.
Microsoft also runs a number of accelerators of its own around the world in places like Israel under its Microsoft Ventures team. That group was formed when disparate accelerator work was unified with what was formerly the Bing Fund. The latter effort appears to be either on the wane, or over. Former Microsoft Ventures don Rahul Sood told me on Twitter that Microsoft had indeed
The deal includes $500,000 in credits to Microsoft’s cloud computing service Azure, and three years of access to its Office 365 suite of productivity tools. Half a million worth of Azure usage is nothing to Microsoft, but for young companies that are part of Y Combinator, the sum is a multiple of the cash that they receive to help build their firms as part of the program. That makes it a materially interesting offer.
Microsoft also runs a number of accelerators of its own around the world in places like Israel under its Microsoft Ventures team. That group was formed when disparate accelerator work was unified with what was formerly the Bing Fund. The latter effort appears to be either on the wane, or over. Former Microsoft Ventures don Rahul Sood told me on Twitter that Microsoft had indeed
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