Microsoft announces Startup Accelerator program in India
Microsoft has announced the launch of its Startup Accelerator Program in India. The goal is to provide access, guidance and support to software startup companies through an engagement plan. The plan is designed to provide the startups a technology roadmap, develop their biz-marketing skills and provide them access to VC’s.
Microsoft also announced the launch of their Innovation Framework to spur the growth of the local software economy. As part of this, the world’s first Innovation Triangle Park (ITP) will be setup in Pune. The ITP will focus on three main areas - skills and IP, industry partnerships and funding.
They are also organizing a ‘India is Innovation’ summit in Bangalore. The goal of the summit is to provide a meeting ground for entrepreneurs, VC’s and innovators to connect and discuss on how to take India to the next level of innovation.
via BS
This comes close on the heels of Yahoo’s recently concluded, first open hack day in Asia, organized in Bangalore. See Kamla’s blog for some Yahoo India Hack Day coverage.
