Microsoft and 88mph have revealed the expansion of the Microsoft Ventures program into Nigeria. As part of the 4Afrika Initiative, which will help improve start-ups’ productivity by offering tools, resources, expertise and routes to market around the world.
One Nigerian start-up who has already benefited from the partnership with 88mph is Abiola Olaniran, founder of mobile games company Gamsole. Gamsole has over 9 million game downloads, making Abiola Nigeria’s highest paid Windows game developer.
Start-ups for the program will be selected based on globally established criteria. These include having a full-time founding team, a bold vision for tackling a real problem, technology-driven solutions and less than $1 million raised.
Amrote Abdella, Director of Start-up Engagement and Partnerships, Microsoft Africa Initiatives, stated that: “There is a great opportunity to further develop the start-up ecosystem in Nigeria and drive innovation. By expanding Microsoft Ventures into Nigeria, we hope to reinvent productivity for start-ups. This means equipping them with the technology that puts their businesses first, by providing affordable devices, cloud-based software and pay-as-you-go models, that enable anytime-anywhere access.”
We are thrilled that Microsoft wants to support new companies move to another level.
Source: IT News Africa
