Microsoft is extending the Startup Founders Hub, its self-service platform that provides founders with free resources including Azure credits, with a new incubator program called the Pegasus Program.
Pegasus will select startups with products that “fill a market need” and give them up to $350,000 in Azure, GitHub and LinkedIn credits plus backing from advisors, as well as “access to the best Microsoft tech,” according to Hans Yang, general manager at Microsoft for Startups.
“Given the current economic climate, today’s launch of Microsoft for Startups Pegasus Program couldn’t be timelier,” Yang, speaking to TechCrunch via email, said. “In a capital-constrained environment, startups need to demonstrate traction and revenue growth. Startups selling to enterprise companies are challenged with long sales cycles, complex regulatory requirements, and high demands for scalability and reliability. At the same time, enterprise companies know that disru...
