The fund will invest about $75,000 a time in companies working on technology that can expand internet access in markets underserved by internet connectivity.
Software provider Microsoft launched a fund on Sunday that will support companies looking to help expand low-cost internet access to traditionally underserved markets.
The fund, created as part of Microsoft’s Affordable Access Initiative, will provide an average of $75,000 for each successful applicant. It will consider commercial organisations with at least two full-time employees that can produce a working prototype of its technology and, if possible, paying customers.
Microsoft is looking to invest in technology that can leverage affordable types…
