Microsoft Accelerator for Windows Azure leveraging Microsoft's open and flexible cloud platform announced today is powered by TechStars. "Through this program, Microsoft and TechStars will help entrepreneurs, engineers and innovators to bring to life a wide range of business ideas that leverage the limitless possibilities enabled by Windows Azure," informs Sam Rosenbalm of Microsoft Accelerator team.
The Microsoft Accelerator for Windows Azure will host ten companies for a three-month deep immersion program focused on building businesses that take advantage of the cloud.
"Combined with office space, tech training and support, and a Demo Day presentation to angel investors, VCs, media, and industry elites at the culmination of the program, it's an offer hard to resist," adds Rosenbalm.
Applications are being accepted for the Microsoft Accelerator for Windows Azure through June 29, 2012. "The program will run from late August through November in Seattle, Washington."
"Startups accepted into the program will receive an investment of $20,000 (USD) managed by TechStars, mentorship from top entrepreneurs, investors, and Microsoft executives, all the resources of Microsoft BizSpark and $60,000 in Windows Azure credit through the Microsoft BizSpark Plus Program," Rosenbalm said.
Microsoft also recently announced the finalists in the Microsoft Accelerator for Kinect, powered by TechStars. "We received applications from more than 500 companies from around the world vying for the eleven open spots in the program," he said.
Check out the website to learn more and apply here.