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Microsoft Launches Fund to Bring Affordable Internet Access

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Microsoft launched new fund to help companies with solutions to bring affordable internet access to uncovered markets. The fund a part of Microsoft’s Affordable Access Initiative, invests in new last-mile access technologies, cloud-based services and applications, and business models that can reduce the cost of Internet access and help more people affordably get online.

“Today there are approximately 4 billion people globally without Internet access,” said Peggy Johnson, executive vice president of business development at Microsoft. “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.”

Eligible companies can submit applications online here


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