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The Microsoft for Startups AI for Good accelerator in Israel, which promotes AI-based ventures targeted on environmental and social sustainability, is launching its fourth yr with 14 startups chosen out of a whole bunch of candidates. In collaboration with Tech for Good, the award-winning accelerator has already supported over 1,000 startups.
This system will assist Israeli startups that harness AI applied sciences to sort out environmental and social challenges, drive sustainable innovation and promote a extra equitable future. MS partnered with Peral Cohen, ESOP, and Startup Nation finder as program companions to reinforce the assist and worth to the startups. The contributors will probably be mentored by consultants from Israel and overseas who will present them with technological and enterprise assist.
Specializing in innovation and constructive impacts
Microsoft views this system as a strategic hyperlink to the Israeli tech ecosystem. Taking part startups will probably be uncovered to a wide range of Microsoft actions, consultants, and instruments. As well as, this system opens alternatives with different a variety of departments at MS resembling:
• The Microsoft Local weather Innovation Fund
• The Microsoft Sustainability Workplace
• The Microsoft Philanthropy Fund
• Microsoft’s Accountable AI workforce
The startups additionally get to participate within the Microsoft for Startups Founders Hub, granting advantages price over $350,000. These advantages additionally embrace entry to Microsoft’s and Open AI’s synthetic intelligence instruments, with an emphasis on accountable AI.
“AI is present in virtually each system designed as we speak,” says Raz Bachar, managing director of Microsoft for Startups Israel. “Appropriate and environment friendly use of this expertise could make all of the distinction between a enterprise’s success and its failure. We’re pleased to assist corporations that harness this energy for constructive targets, creating a big influence and higher future for us all.”
Microsoft’s assist will allow the businesses within the accelerator to reinforce their expertise, set up worldwide connections, and obtain their full potential. We are going to present them with the very best stage of mentorship as they be a part of with our alumni to strengthen our partnerships.
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