Menu
Microsoft launches its own angel fund

Microsoft launches its own angel fund

Bing Fund will assist Web or mobile startups that already have some 'momentum,' Microsoft says

Microsoft has launched Bing Fund, an angel fund with an incubator program that will make Microsoft resources available to startups and potentially provide it with acquisition targets in the future, Microsoft said in a blog post.

Bing Fund is an angel fund for startups "building online or mobile experiences." Eligible startups must be mature enough to have a business plan and a working prototype of their product, according to Microsoft. They must also have "momentum."

"We believe that combining the creativity and fresh insights of startups with Microsoft's expertise and tremendous reach creates a unique formula for driving the industry forward," Microsoft said.

The company said the fund was an opportunity for it to develop relationships with "new companies that we could potentially partner with and/or acquire."

The Bing Fund incubator program will host a "small number" of companies at once, each for at least a four-month period, Microsoft said. The company said it would work with accelerator programs to find candidates for Bing Fund.

The software giant promises to deliver personal attention from its staff, privileged access to some of its products and introductions to investors. Participating companies will enjoy subsidized use of Bing APIs (application programming interfaces), access to some technology developed by its research department and the option to work out of the company's Bellevue, Washington, offices, for example.

Startups do not have to use Windows Azure infrastructure to be eligible. Microsoft's existing incubator program, BizSpark, does require the use of Azure.

Cameron Scott covers search, web services and privacy for The IDG News Service. Follow Cameron on Twitter at CScott_IDG.


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Featured

Slideshows

Meet the leading female front runners of the Kiwi channel

Meet the leading female front runners of the Kiwi channel

Reseller News honoured the leading female front runners of the New Zealand channel at the 2018 Women in ICT Awards (WIICTA) in Auckland. The awards honoured standout individuals across seven categories, spanning Entrepreneur; Innovation; Rising Star; Shining Star; Community; Technical and Achievement.

Meet the leading female front runners of the Kiwi channel
Meet the top performing customer-centric Microsoft channel partners

Meet the top performing customer-centric Microsoft channel partners

Microsoft honoured leading partners across the channel following a year of customer innovation and market growth in New Zealand. The 2018 Microsoft Partner Awards recognised excellence within the context of the end-user, spanning a host of emerging and established providers.

Meet the top performing customer-centric Microsoft channel partners
Reseller News launches new-look Awards at 2018 Judges’ Lunch

Reseller News launches new-look Awards at 2018 Judges’ Lunch

Introducing the Reseller News Innovation Awards, launched to the channel at the 2018 Judges’ Lunch in Auckland. With more than 70 judges now part of the voting panel, the new-look awards will reflect the changing dynamics of the channel, recognising excellence across customer value and innovation - spanning start-ups, partners, distributors and vendors.

Reseller News launches new-look Awards at 2018 Judges’ Lunch
Show Comments