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Microsoft India has just announced that they will be accepting applications for the second batch of their startup accelerator. The accelerator is for online and technology companies who want to concentrate on the cloud. The accelerator is aptly named Microsoft Accelerator for Windows Azure.
The applications are open till January 15, 2013 post which the scrutiny will begin. There will be a rigorous screening after which 15 deserving startups will be incubated in the offices of the accelerator for 4 months. Microsoft started this initiative in India many months ago when they realised that India has a good potential for cloud based startups and businesses. This initiative is not unique to India and has also been underway in Israel, which is another emerging startup hub.
Mukund Mohan is the CEO-in-residence for the accelerator and he spoke about the announcement.
“The experience of working with the first batch of 11 startups currently being incubated in our Accelerator has strengthened our belief in the potential of this program to boost the startup ecosystem of India. Therefore, starting 2013, we have decided to host two batches every year, and also expand each batch size to 15. The focus of the second batch would be on four primary sectors – Cloud Infrastructure, Enterprise Applications, Software-as-a-Service products, and Mobile / Consumer Internet Applications. Any startup which is working on an application that can leverage the Cloud, such as e-commerce, mobile, media, social applications, gaming, education, healthcare, Big Data Analytics, enterprise and telecom, is eligible to apply.”
The previous batch of startups is almost at the end of their stint in the accelerator. They are currently preparing for their Demo Day which will happen in January 2013. Demo Day is somewhat like the graduation day in the startup incubator/accelerator world. During this day, startups show their finished products ands pitches to prominent venture capitalists who attend it. HireRabbit, NowFloats, Amplyfy.me, CloudInfra etc. are some of the startups that have been incubated in the first batch.
If you are a startup which is working in the fields of cloud and mobile, then you should submit your applications on the website.
Website | Microsoft Accelerator for Windows Azure
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2012-11-26 05:11:39