This was initially authored by Charlotte Yarkoni, Chief Working Officer, Cloud &AI and publisned on the Official Microsoft Weblog.
At Microsoft, we intention to create and preserve a wholesome ecosystem the place our companions and clients can thrive. Startups play a pivotal position in a thriving ecosystem given their outsized means to push your entire ecosystem ahead. Regardless of being very important to innovation and progress, by some estimates, over 90% of startups will exit of enterprise of their first 12 months.
With this in thoughts, we got down to higher perceive what startups must be profitable, particularly when simply getting began. Primarily based on real-world suggestions from 1000’s of entrepreneurs from all over the world, throughout a spread 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 most typical challenges startups face.
Microsoft for Startups Founders Hub is centered round three key areas:
Unlocking innovation for all: The platform eliminates conventional obstacles founders face when getting began, akin 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 velocity growth with free entry to GitHub and the Microsoft Cloud with the flexibility to unlock extra advantages over time. To deal with the distinctive wants of startups, we’re additionally partnering with modern corporations like OpenAI, a worldwide chief in AI analysis and deployment, that develops AI methods akin to GPT-3 and Codex to offer startups with unique advantages and reductions.
Entry to mentorship and steering: Turning into a founder is not about “who you recognize.” By the platform, startups can join with trade veterans, entry tailor-made startup-centric coaching and innovate shortly with skilled technical steering.
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, not like others within the trade, 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 massive no matter background, location, progress or ardour,” mentioned Jeff Ma, vp, 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 intention to offer to each founder by the Microsoft for Startups Founders Hub.”
Expertise advantages that develop
Founders persistently share that the startup journey is unpredictable and full of 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 extra credit over time. As an illustration, if a founder is within the “Ideate” stage and is creating a prototype we’ll present $1,000 for one 12 months. If the startup makes use of these credit in a number of 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 12 months.
The platform supplies free entry to over $100.000 in highly effective growth and productiveness instruments together with GitHub, Microsoft 365 and extra.
“Navigating the headwinds of constructing a startup could be difficult – from specializing in innovation and connecting with traders to discovering product market match,” mentioned Scott Guthrie, government vp, 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 operate, so startups can cut back prices and speed up growth with a companion they will belief.”
Additionally, immediately 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 skilled. Founders can begin constructing new merchandise with OpenAI’s API which gives entry to probably the most superior language-based AI fashions on the earth, GPT-3.
Entry to skilled steering and skilling sources
Profitable founders have shared that entry to teaching and recommendation is a key consider hitting their subsequent milestone. Microsoft for Startups Founders Hub connects founders with trade veterans and entry to startup-friendly coaching technical steering together with Microsoft Be taught, Microsoft’s complete studying and skilling platform.
Technical help: Startups can be a part of 1:1 technical advisory classes and entry 24/7 technical help.
Community and join: Join and community with a whole lot of skilled mentors within the Microsoft Mentor Community for entry to skilled 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 assist you to make it a actuality. Join and begin constructing on Microsoft for Startups Founders Hub immediately: startups.microsoft.com.