Microsoft Launches Fund To Improve Access To Affordable Internet

The move is part of Company’s Affordable Access Initiative (AAI), which invests in last—mile access technologies, cloud—based services and applications and business models that can reduce the cost of Internet access.

In addition to getting on average about $75,000 in financial support and free software and services, recipients will also have the opportunity to connect with other grant recipients and potential funders.

The tech giant hopes to kick off the entrepreneurial process by identifying promising ideas that can help in overall growth.

Under the initiative, Microsoft partners with Internet access providers and other public and private sector organisations on affordable connectivity.