Microsoft Consolidates Its Venture Efforts
Microsoft has announced that it will be consolidating its multiple venture efforts with Microsoft Ventures. The new setup houses a number of Microsoft’s existing programs under one roof: the BizSpark program continues to offer Microsoft enterprise software and tools to aspiring entrepreneurs. The accelerator program accepts a small number of applicants and provides mentoring and resources to them. Finally, the Bing fund will be increased to provide seed funding to a greater number of startups.