Microsoft to give $100,000 to Indian IT startups

Source: Times of India

Mar 30, 2011, 12.14pm

KOLKATA: Microsoft Corporation has decided to roll out an overall grant of $100,000 for IT startups in India, which are in the product space and specialise in IP creation.

The initiative will be launched in mid-April and is aimed at strengthening the entrepreneurial ecosystem in the country.

Microsoft Corporation technology advisor Girish C Joshi said, "Microsoft will give a grant and not participate in the equity of the startups. We will look at IT startups which are in IP creation in product space. We are keen on those IT startups which will harness the power of cloud and mobile to create applications." Joshi was in the city to address a workshop on development of entrepreneurship organised by The Indus Entrepreneurs (TiE).

Joshi said, "A proper due diligence will be carried out before the startups get the grant from Microsoft. Interestingly, post-recession, entrepreneurial drive has gathered momentum in the country. We are seeing that a number of people who have returned to India from US after the global meltdown, are turning entrepreneurs . Places like Bangalore, Hyderabad, Chennai and Pune are buzzing with entrepreneurial activities."


Read more: http://timesofindia.indiatimes.com/tech/enterprise-it/services-apps/Microsoft-to-give-100000-to-Indian-IT-startups/articleshow/7824121.cms

slipping away.

http://careers.microsoft.com/careers/en/us/home.aspx

It's defaulted to U.S. so hit search, and then hit it again on the next page.

A little while back I was hit up out of the blue by one of their recruiters, they need people.

:thumbsdown:

says who?

tried loading the link and it never loaded.

got to love that microsoft.

Is that why all Microsoft boxes have Chinese writing all over the boxes.

And now Microsoft is moving the remaining jobs to India.

Thanks Bill. Is that how you screw the nation that made you wealthy?

Someone needs to protect Americans from domestic enemies like Bill Gates.

calling techies in the U.S. for one of their locations in Washington.

I bet they still haven't filled those spots. I'll double check with the recruiter.

for one of the partners.

Bloated, expensive crapware.

I've built many and never waste my money on bloated OS

to that of the great number of people who don't, and probably can't, but still need computers.

Of course, they too had the choice to go with something other than MS systems, but that's not the whole story.

MS made use of its near-monopoly position to destroy competitors like DR unethically, and to bully OEMs into offering MS systems only. This created a situation where only the kinds of people who build computers for themselves (a teeny minority) would be remotely aware of how to avoid MS systems. Or why (most people just got a computer and discovered later the many ways in which MS makes your life hellish). And even then, installing your alternate OS would mean compatibility issues and constant adjustments. You'd have to be a computer person, whereas most people just want to run applications useful to their own lives beyond the computer.

This situation was created by the actions of MS, more than anything else.

People did always have the widely-known option of just paying more for a Mac. Except for a long time that also meant compatibility problems, in a world where MS systems were 90 percent of the PC market. Okay?

So they know there are other OS's out there. If they didn't want windows they shouldn't have bought a pc with windows on it. There are plenty of "built" pc's without windows. You might have to do a little research but they are def. out there. It's like saying McDonald's should refund your money for beef that you didn't want after you bought a big mac. Yeah, lots of people eat big macs. And lots of people don't cook. But, to say McDonald's owes you money for the beef you ate but didn't want... that's ridiculous.

... of corporate PR employees haunting boards and targeting posts critical of a given corporation, with kind of lame talking points that in no way speak to the actual criticism, but caricature it with irrelevant distractions and bizarrely off-topic metaphorical comparisons? Cos I hate that stuff. I'm sure you do too. Funny thing is, a lot of people just feel compelled to do the same thing for free, even if no one hired them. Weird, no?

Thanks again!

What do you think of people who imply nefarious motives to people who are just speaking their mind and have no ulterior motives? In a related question, what do you think of condescension towards unknown quantities? We could assume that everyone is stupider than us, but that would be a fallacy, wouldn't it?

:puke:

What kind of fart would that be? Doesn't Microsoft lose that much in change every time it sits down on the couch?

I assume they mean 100K for each company to be so rewarded. In India, that would be something.

100k doesnt even pay for a board meeting at microsoft.

Hell my house is worth more than that, and my house isnt all that.

goes an awful long way in India. Their per capita income is in the $2K/person/year and start ups are always desperate for cash.

So that's 5 million Rupees.

We're talking about grants to help capitalize high-tech businesses that are supposed to compete internationally. $100,000 would be a lot more for one such business in India than in the US, obviously. But not for many such businesses. Furthermore, if that's the sum total of a program from Microsoft (market cap is what, more than $100 billion?), it's quite the fart of a story.

out any grant money at all....then they would be demonized....oh wait...

The main shareholder has in the meantime worked on enhancing his company's well-earned reputation for evil by sponsoring medical experiments on Africans and devoting billions of dollars toward the class war campaign to break teachers and privatize schools.

And no, they don't give out "grants" to IT startups out of their goodness. That's really one of the more obvious cases where they're directly looking to control future markets. And I don't understand how anyone could even imply that this is some kind of charitable work.

Got any more whining for us about poor Microsoft's unfairly bad rep?

It's a shame they're not American jobs. That was the GOP promise . . . correct?