HANDS-OFF APPROACH: The US software giant said it would not ask for a share in the companies it helps, nor would it send representatives to interfere in their business
Date: Nov 20, 2018
By: Lisa Wang / Staff reporter
Microsoft Corp yesterday said it aims to help foster 40 local start-ups within three years of the launch of its first accelerator program in Taiwan, which is to focus on artificial intelligence (AI) technologies.
It is the latest move by the US software giant to scale up its global accelerator program by supporting local start-ups and providing an opportunity for them to become a part of Microsoft’s ecosystem.
The company has launched similar accelerator programs in Beijing, Shanghai and London, among other cities.
“Our goal is to help Taiwan quicken its pace in fostering next-generation start-ups via this platform. We can help reduce risks for Taiwanese start-up companies and help them take off,” Microsoft Taiwan Corp general manger Ken Sun (孫基康) told a media briefing. [FULL STORY]