HardOCP News
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Microsoft Corp. has renewed its Affordable Access Initiative grant fund for a second year. The fund assists companies working to bring internet access and new technologies, services and models to underserved markets. The application process is now open for a new set of partners. “The social enterprises we support have inspired us with practical, high-impact and scalable approaches to help close the digital divide,” said Microsoft Affordable Access Initiatives Director Paul Garnett, writing in NextBillion. “It’s a privilege to see these solutions take shape, and to play a role in helping local entrepreneurs spur job creation and economic growth.” In the fund’s first round of investments, Microsoft awarded grants to 12 businesses offering affordable internet access or cloud-based services in fields such as power generation, health, education, finance and agriculture.