Microsoft Partnering With Accelerators To Give Startups Free Cloud Computing Credits
Microsoft has begun to partner with startup accelerators to gift startups that qualify for their BizSpark Plus program free cloud computing on their Azure platform. Beginning July 1, these startups will receive $10,000 a month in credits for one year. They will be able to apply through accelerators or incubators such as Techstars, ERA, MassChallenge, Seedcamp, and 1871.
Startups can use these credits to help alleviate stress related to cloud services. This includes Microsoft’s App Service (a set of tools designed to power mobile, Web and other applications) as well as infrastructure services like virtual machines and high-level services like Azure Machine Learning.
In addition to the Azure credits, startups get access to free software like Office and Visual Studio, which is supported by Microsoft Ventures, a division of the company that works with startups. Startups that qualify for the BizSpark Plus program can also receive up to $750 in Azure credits from BizSpark’s own system.
Getting growing companies to use their products drives Microsoft’s core business growth. Many other cloud service providers, such as Amazon Web Services, also offer similar programs. In order to qualify for this program, startups must be less than 5 years old, be privately owned and have less then $1 million in annual revenue.