microsoft to launch its own angel fund
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Microsoft to launch its own angel fund

Arab Today, arab today

Arab Today, arab today Microsoft to launch its own angel fund

San Francisco - AFP

Microsoft has launched an investment fund looking to give startups the cash to originate "game-changing ideas" in the tech sector. The company announced Thursday that its Bing Fund would be "an angel fund with an incubator program, founded by entrepreneurs... and backed by the experience, expertise, and resources of Microsoft." "We want to partner with like-minded entrepreneurs -- great talent that is innovating online to solve big problems and create amazing new experiences," a company blog said. The move comes as Microsoft, which remains the dominant player for desktop computer operating software, has lagged in other areas as companies like Apple, Google and Facebook expand their offerings. "Where other people see merely interesting ideas, entrepreneurs see possibilities for making the world work better," the company said. "Many talented people come up with game-changing ideas, but it takes an entrepreneurial spirit to stare down the words 'it can't be done' and make innovation real." The statement posted on the blog of Bing, the Microsoft search engine, said it was "inviting promising startups based in the US to work with us for at least four months." It said some of the things the fund was seeking include "building online or mobile experiences that incorporate fresh insights." "We want startups with both inspirational vision and ability to execute," the statement said. This may include a working prototype, website or application that is already operating and gaining momentum, or a "compelling plan." Those selected will get subsidized usage of technical data from Bing and Microsoft Research, and some assistance on technical issues. The investment will come in the form of a convertible note, and Microsoft will also make introductions to other "strategic investors." "Your IP (intellectual property) and product, of course, remain yours, even if we give input and assistance," the statement said.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

microsoft to launch its own angel fund microsoft to launch its own angel fund

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

microsoft to launch its own angel fund microsoft to launch its own angel fund

 



GMT 18:57 2016 Wednesday ,05 October

Hollywood icon Robert De Niro arrives this weekend

GMT 08:49 2017 Friday ,28 April

Press cooperation protocol signed

GMT 04:01 2017 Friday ,24 November

Lebanon's Hezbollah hails 'positive' Hariri moves

GMT 16:39 2017 Wednesday ,06 September

Dolphins-Buccaneers NFL game called off as Hurricane Irma

GMT 12:55 2017 Sunday ,19 February

Day 1 Asian Winter Games medal table

GMT 10:01 2016 Tuesday ,16 August

Bayer could launch hostile bid for Monsanto

GMT 02:09 2017 Wednesday ,18 October

December22nd-January20th

GMT 12:53 2017 Tuesday ,22 August

Mahmoud informed on AAAID performance

GMT 11:45 2017 Thursday ,20 April

Expo Turkey by Qatar begins

GMT 09:59 2017 Tuesday ,25 April

A chaotic discovery of power

GMT 20:52 2017 Thursday ,27 April

Iraqi forces liberate Mutaibaija area from IS
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday