Last Friday, Microsoft launched a new program called Bizspark that offers startups of different ages and stages tools to take care of their software and hosting requirements. Technopolis Ventures, Veraventure, The Finnish Software Entrepeneurs Association and Venture Cup has partnered with Microsoft in Finland to accept participants into the program.
Startups must meet the following requirements to be accepted into the program:
- Be actively engaged in development of a software-based product or service that will form a core of its current or intended business
- Be privately held
- Be in business for less than 3 years and
- Have less than 1 million USD annual turnover.
Despite being a Mac fanatic, I have to give it to Microsoft for pulling this off. They are sponsoring a wide range of products that suit many companies working in the internet space especially. Also, the packages being offered are tailored for companies in different stages of their growth and thus are also bundled together with their capability to pay for the software.