Microsoft Creates Bing Fund to Nurture Innovation Startups

Microsoft Launches Bing Fund, An Angel Investor With An Incubator

Microsoft on July 12 announced its new program from Bing division called Bing Fund.  Bing Fund describes itself as an Angel Investor with an incubator. That pretty much explains everything. Bing Fund is looking for startups that are building online or mobile experiences that incorporate fresh insights. Microsoft will offer the startup with the following

  • The opportunity to access certain technology assets developed by Microsoft Research
  • Assistance from Bing Fund team members who specialize in design, engineering, marketing, and building businesses
  • Consultations with Subject Matter Experts at Microsoft, some of whom are world experts in their areas
  • Exposure to Microsoft executives
  • Connections with our partners and customers
  • Funding
  • Co-workspace for startups located in the Seattle area.

Below is the Information about seeking Bing Fund:

We’re inviting promising startups based in the U.S. to work with us for at least four months. Instead of following a class format, we’ll evaluate and accept candidates on an ongoing basis. Here’s what we’re looking for:

  • Startups that are building online or mobile experiences that incorporate fresh insights.
  • We want startups with both inspirational vision and ability to execute
  • A working prototype, preferably a site or application and gaining momentum
  • A compelling business plan that describes the problem being solved, a general idea of the market potential/competitive landscape, and unique market advantages

“Our program is tapping the creative energy of startups, small and agile risk takers, and we’re backing that creative energy with the vast experience Microsoft employees have in design, technology development and business strategy.” says Rahul.

Bing Fund Website @ http://www.bingfund.com/

FAQ @http://www.bing.com/community/Site_Blogs/b/thedetails/archive/2012/07/10/bing-fund-faqs.aspx

Announcement @ http://www.bing.com/community/Site_Blogs/b/search/archive/2012/07/12/bing-seeks-to-drive-innovation-with-bing-fund.aspx

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