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Microsoft funds underserved internet access solutions with Affordable Access Initiative
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Published onNovember 16, 2015
published onNovember 16, 2015
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Microsoft has launched a new fundto help companies bring affordable internet access to underserved markets around the world. As part of the company’s Affordable Access Initiative, Microsoft is taking applications from third party companies to help them bring down the costs of providing internet access to new markets. Funding averages approximately $75,000 in funding and free software and services, and Microsoft helps to connect potential funders together through a program set up by the company.Microsoft’s EVP of business development Peggy Johnson explains:
“Today there are approximately 4 billion people globally without Internet access. The ability to close that gap is more achievable than ever with technology that is readily available and affordable in many parts of the world. Through this fund, we hope to kick-start the entrepreneurial process by identifying promising ideas that we can help nurture, grow and scale.”
Microsoft has already been pushing affordable access through its own initiatives and in partnership with other companies, including usingwhite space technologiesto bring internet access to 17 countries on 5 continents, and through itsMicrosoft 4Afrikainitiative, where Microsoft is actively engaging in economic development by encouraging local innovation, affordable access, and skills development.Interested companies can check out more and submit their applications online throughthe Affordable Access Initiative website.
Kip Kniskern
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Kip Kniskern