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Kinect Accelerator offers $20,000 investment to devs

Mon 21 Nov 2011 12:05pm GMT / 7:05am EST / 4:05am PST
HardwarePublishing

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.

3 Comments

Thiago Attianesi
Creative Director

59 2 0.0
Big opportunity.

Posted:2 years ago

#1

Gabriel Pendleton
Unity Developer

7 0 0.0
I really like this idea from Microsoft. It creates good buzz when you help devs out.

Posted:2 years ago

#2

Mike Arcuri
VP, Marketing

3 0 0.0
TechStars + Kinect = goodness.

Posted:2 years ago

#3

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