Microsoft Corporation, a technology giant in computer software, consumer
electronics and personal computers and services, has renewed their
initiative grant fund to make internet access affordability a reality
for a second time now in a row. The essence of the fund is to encourage
companies to make internet accessible and bring new technologies to
underprivileged markets. Microsoft Corporation has reiterated their
stand to impact on the ecosystem of new businesses, so as to improve
their growth rate.
The Microsoft initiative has a lot to do with
Microsoft Philanthropies, who are helping to bridge the digital gaps
among those that have been lacking in todayís technology needs. The
Microsoft Philanthropies are doing all they can to ensure that
communities have access to basic computer education, as this will
increase the digital literacy amongst them.
According to Paul Garnett, the director of the
Microsoft Affordable Access Initiatives, in writing to NextBillion, said
that, "Itís a privilege to see these solutions take shape, and to play a
role in helping local entrepreneurs spur job creation and economic
As recorded Initially, Microsoft had awarded
grants to 12 businesses offering them quality and affordable internet
access in their respective fields such as health, education, power
generation, finance and agriculture. All of these are in their fundís
first round of investments. A 2016 grant recipient, Airjaldi, provide a
high-quality Wi-Fi broadband connectivity at an affordable rate to more
than 90,000 public- and private-sector clients in rural India.
Another recipient, Vista Africa, from last year
Microsoft grant funding, is a cloud-based software platform which helps
healthcare providers to more easily screen, track and treat their
patientsí health related matters in areas where broadband internet
connectivity is at a high time very low.
According to Mary Snapp, the corporate vice
president and head of Microsoft Philanthropies, "Too many people around
the world lack internet connectivity and the educational, commercial and
economic benefits of cloud-based services."
She is also said that, "Affordable Access
Initiative grants, and the technology ecosystem they help support,
empower entrepreneurs to provide connectivity, which then enables the
creation of critical services to those who need it most."
Microsoft has made application to the initiative
fund granting program easier as at now. Applicants must be commercial
organizations having two or more full-time employees and must have a
prototype of an effective and working solution, and preferably paying
As for Microsoft, such business models and
products might even come with new cloud based services and solutions,
cheap internet connectivity, and perhaps a new payment structure
designed for both small and medium businesses for the undeserved and