Today, Microsoft announced the creation of Microsoft Ventures, which aggregates and expands on some of its existing programs for startups.
Since 2008, Microsoft BizSpark programs have provided resources to over 75,000 startups. Microsoft started opening accelerators in 2011, which have graduated 114 startups.
Today’s announcement includes plans for new three- to six-month accelerators in Berlin, Moscow, and Rio de Janeiro. Microsoft is also expanding the Bing Fund (started in 2012) to provide more seed funding to startups.
Here is how Microsoft envisions the Microsoft Ventures ecosystem:
Kira M. Newman is a Tech Cocktail writer interested in the harsh reality of entrepreneurship, work-life balance, and psychology. She is the founder of The Year of Happy and has been traveling around the world interviewing entrepreneurs in Asia, Europe, and North America since 2011. Follow her @kiramnewman or contact email@example.com.