This was initially authored by Charlotte Yarkoni, Chief Working Officer, Cloud &AI and publisned on the Official Microsoft Weblog.
At Microsoft, we purpose to create and preserve a wholesome ecosystem the place our companions and prospects can thrive. Startups play a pivotal position in a thriving ecosystem given their outsized skill to push your entire ecosystem ahead. Regardless of being important to innovation and development, by some estimates, over 90% of startups will exit of enterprise of their first yr.
With this in thoughts, we got down to higher perceive what startups should be profitable, particularly when simply getting began. Based mostly on real-world suggestions from hundreds of entrepreneurs from all over the world, throughout a variety of backgrounds, we’re excited to unveil, Microsoft for Startups Founders Hub. Open to anybody with an concept, the platform is designed to deal with the commonest challenges startups face.
Microsoft for Startups Founders Hub is centered round three key areas:
Unlocking innovation for all: The platform eliminates conventional limitations founders face when getting began, equivalent to enterprise capital necessities or third-party validation to assist any founder no matter background, location or entry achieve success.
Expertise advantages that develop: Conserving tempo with a startup’s lifecycle, the platform helps founders pace improvement with free entry to GitHub and the Microsoft Cloud with the power to unlock further advantages over time. To handle the distinctive wants of startups, we’re additionally partnering with progressive firms like OpenAI, a world chief in AI analysis and deployment, that develops AI programs equivalent to GPT-3 and Codex to supply startups with unique advantages and reductions.
Entry to mentorship and steerage: Changing into a founder is now not about “who you realize.” By the platform, startups can join with business veterans, entry tailor-made startup-centric coaching and innovate rapidly with knowledgeable technical steerage.
Unlocking innovation for all
With Microsoft for Startups Founders Hub, we envision a startup ecosystem that’s open to all – from concept to exit. To that finish, in contrast to others within the business, we don’t require startups to be “investor-backed” to enroll and entry advantages.
“Our ambition is to make the worldwide startup ecosystem extra consultant of the world at giant no matter background, location, progress or ardour,” mentioned Jeff Ma, vice chairman, Microsoft for Startups. “As an skilled founder, entry to a various community – to validate concepts, get recommendation and training – was instrumental in my success and is one thing we purpose to supply to each founder by the Microsoft for Startups Founders Hub.”
Expertise advantages that develop
Founders persistently share that the startup journey is unpredictable and stuffed with uncertainty. We need to present flexibility for startups to work with Microsoft as they form their companies. With the platform, startups can construct their companies at their very own tempo with as much as $150,000 of Microsoft Azure. As utilization will increase, founders can unlock further credit over time. As an example, if a founder is within the “Ideate” stage and is creating a prototype we’ll present $1,000 for one yr. If the startup makes use of these credit in just a few months, they will request extra from inside the platform and we’ll transfer them as much as the “Develop” stage at $5,000 for one yr.
The platform supplies free entry to over $100.000 in highly effective improvement and productiveness instruments together with GitHub, Microsoft 365 and extra.
“Navigating the headwinds of constructing a startup might be difficult – from specializing in innovation and connecting with traders to discovering product market match,” mentioned Scott Guthrie, govt vice chairman, Cloud + AI, Microsoft. “Microsoft for Startups Founders Hub meets founders the place they’re, providing best-in-class developer instruments and a breadth of cloud choices throughout each perform, so startups can cut back prices and speed up improvement with a companion they will belief.”
Additionally, as we speak we’re unveiling an thrilling partnership with OpenAI, an AI analysis and deployment firm whose mission is to make sure general-purpose AI advantages all of humanity. Collectively we’ll present founders with unique entry to $1,000 of credit, three free months of an OpenAI API Innovation License and free session with an OpenAI knowledgeable. Founders can begin constructing new merchandise with OpenAI’s API which affords entry to one of the superior language-based AI fashions on this planet, GPT-3.
Entry to knowledgeable steerage and skilling sources
Profitable founders have shared that entry to teaching and recommendation is a key think about hitting their subsequent milestone. Microsoft for Startups Founders Hub connects founders with business veterans and entry to startup-friendly coaching technical steerage together with Microsoft Study, Microsoft’s complete studying and skilling platform.
Technical help: Startups can be part of 1:1 technical advisory periods and entry 24/7 technical help.
Community and join: Join and community with tons of of skilled mentors within the Microsoft Mentor Community for entry to knowledgeable suggestions and recommendation.
Startup-centric coaching: Founders can entry self-led studying, occasions and content material addressing the distinctive wants of startups.
To anybody with an concept, we need to allow you to make it a actuality. Enroll and begin constructing on Microsoft for Startups Founders Hub as we speak: startups.microsoft.com.