Finland-based phone maker Nokia, which uses software group Microsoft's mobile operating system, will both fund the $24m programme, AppCampus, over the next three years.

Nokia and Microsoft have each invest €9m ($12m) in a mobile application development programme at Aalto University in Helsinki, Finland.

Finland-based phone maker Nokia, which uses software group Microsoft’s mobile operating system, will both fund the programme, AppCampus, over the next three years.

Will Cardwell, head of the Aalto University Center for Entrepreneurship, will run AppCampus. He said: "Through our technology transfer and Aalto Venture Garage activities, the Aalto University community has been able to help catalyze the creation and growth of more than 30 companies during the past two years, with a number of them having mobile applications."

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