Nokia and Microsoft-backed incubator AppCampus announces it has invested $1.7m of its $23.4m total in over 60 start-ups.
AppCampus, an incubation programme set up by Finland-based Aalto University in partnership with Microsoft and Nokia, has announced it has invested €1.7m ($2.2m) of its total $23.4m in over 60 cases since opening its doors in May.
The two corporates have each supplied €9m ($11.7m) to the programme, which is to be used in supporting the development of applications that can be used in Microsoft’s Windows 8 platform. According to news provider TechCrunch, the average investment per app developer is…
