Nine Dutch startups are joining Microsoft’s virtual ScaleUp program.
The participating startups are developing solutions for sectors such as energy, healthcare, smart technologies, agriculture and finance. The program, designed to offer support for startups who are at a tipping point of becoming a scaleup, shows Microsoft’s commitment to expanding its startup activities with the promotion of AI solutions that have the potential to become innovation drivers for the Netherlands.
Microsoft will work with the founders on their growth strategies for four months – With support from the Microsoft engineering team, access to customers, and free access to the Azure cloud platform. Participants also receive coaching on business topics like negotiation, pricing, strategy, marketing, storytelling, and talent development. In doing so, Microsoft is promoting technological progress, entrepreneurship and cultural transformation.
“The Microsoft ScaleUp program in the Netherlands enables Dutch startups that build AI solutions on Azure to build, grow and connect through our ecosystem. These solutions have the potential to become innovation drivers for the Netherlands. We believe that organizations can harness the power of these AI solutions to achieve more and gain a competitive advantage,” says Cara Antoine, Director of Marketing & Operations at Microsoft Netherlands.
The Microsoft ScaleUp program
Microsoft ScaleUp is aimed at mature, later-stage startups in the expansion phase with completed seed financing, which solve problems in various industries and advance the development of new technologies such as artificial intelligence. The program’s goal is to support them in their growth.
Over the course of four months, Microsoft ScaleUp offers a combination of in-person business coaching, online workshops and customized training sessions on the cloud platform Microsoft Azure. A jury of Microsoft Executives and venture capitalists (VCs) selected the following nine tech startups for the Microsoft ScaleUp batch in The Netherlands:
Ida is the AI assistant for dairy farmers that is helping farmers run the world’s most efficient dairy farm. Improves farm efficiency by over 30 percent by learning the behaviour of dairy cows and dairy farmers’ operational practices.
Conpend is on a mission to help banks on their digital transformation journey by empowering their Trade Finance Operations, Compliance and Relationship Managers to independently increase their efficiency and effectivity, so they can focus on what counts: being successful in serving clients.
HAL24K’s ambition is to make complex infrastructure just as smart as autonomous cars. The company is delivering operational and predictive intelligence through its Dimension platform to cities, countries and companies, enabling them to make true data driven decisions.
Media Distillery provides unique AI technology to understand what’s inside video. Their Deep Content Understanding™ platform provides next-generation metadata in realtime and at an unparalleled scale.
NEXT is mobile, social and cloud innovation and transformation software trusted by high performing organizations. Rooted in design thinking best practices and lean methods, NEXT lets organizations engage, empower, and cross-functionally align their workforce in transforming their existing business and innovating new offerings.
After the four-month program, these scaleups will be matched to commercial companies to help them grow their solutions and accelerate their business even further together with Microsoft. The next Microsoft ScaleUp round in the Netherlands will start in spring 2019.
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