Sections

Kinect Accelerator offers $20,000 investment to devs

Ten companies will be chosen for three month program

Microsoft has launched a new initiative, Kinect Accelerator, offering $20,000 in investment and support to developers who want to work with Kinect.

"We'll take companies starting with fully developed products and funding," reads the official FAQ.

"We'll help them with business model, introductions, financing, and more. Likewise, nothing is too early. We'll accept companies with no more than an idea, a dream, and maybe a dog."

Ten companies will be chosen from all applicants, and the rewards package for the three month program, based in Seattle, is impressive.

"Every company participating in the Kinect Accelerator will receive an investment of $20,000, an Xbox development kit, the Windows Kinect SDK, office space, all the resources of BizSpark, technical training and support, and mentorship from entrepreneurs, investors and Microsoft executives intensely focused on making their business a success."

In return TechStars will take 6 per cent in equity in common stock from the companies.

The deadline for applications is January 25, 2012.

Related stories

Xbox Live lifts Microsoft's Q3 Gaming revenue by 4%

Xbox Live users up 13% to 52 million in the third quarter, but other Gaming figures were thin on the ground

By Matthew Handrahan

Xbox head sees opportunity in a Netflix for games

Phil Spencer says subscriptions could be a viable way to fund original story-driven and single-player content

By Brendan Sinclair

Latest comments (3)

Thiago Attianesi Creative Director, Fan Studios5 years ago
Big opportunity.
0Sign inorRegisterto rate and reply
Gabriel Pendleton Unity Developer, Bully!5 years ago
I really like this idea from Microsoft. It creates good buzz when you help devs out.
0Sign inorRegisterto rate and reply
Mike Arcuri VP, Marketing, Zipline games5 years ago
TechStars + Kinect = goodness.
0Sign inorRegisterto rate and reply

Sign in to contribute

Need an account? Register now.