Microsoft and Nokia will each invest up to 9 million euros into a newly established mobile application development program at Finland's Aalto University during the next three years.
"Kicking off in May 2012, the Finland-based program will be led and managed by Aalto University, which has a growing reputation as a hotbed of new startup companies," Microsoft stated.
"The AppCampus program has been set up to foster the creation of innovative mobile applications for the Windows Phone ecosystem and in addition, Nokia platforms, including Symbian and Series 40, to create a new generation of self-sustaining mobile startups. Windows Phone Marketplace and Nokia Store offer local and global business opportunities to program participants via distribution to consumers around the world," the company said.
"AppCampus is intended to attract thousands of application proposals from students and entrepreneurs from all over the world. Aalto University will make a significant contribution to the project by providing premises, coaching services, and access to both academic and business networks for budding app developers."
"We are proud to announce this new program, which will enable new and existing developers to create next-generation mobile apps and unique user experiences," said Kai