Microsoft and Nokia to Invest Up to 18 Million Euros in Mobile Application Development Program at Aalto University
Mobile developers to benefit from funding, training, support and business opportunities as Microsoft and Nokia launch the AppCampus program at Aalto University
(AppCampus) To drive innovation and business opportunities in Finland’s mobile ecosystem and beyond, Microsoft Corp. and Nokia will each invest up to 9 million euros into a newly established mobile application development program at Aalto University during the next three years.
The AppCampus program has been set up to foster the creation of innovative mobile applications for the Windows Phone ecosystem, and in addition, Nokia platforms, including Symbian and Series 40, to create a new generation of self-sustaining mobile startups.
“AppCampus offers an unprecedented opportunity for entrepreneurs to put their ideas into practice and create world-class mobile products,” said Ari Rahkonen, General Manager of Microsoft Oy. “We want to turn a new leaf in the mobile industry and foster Finland’s role as a center of excellence for mobile technology. Such investment into early-stage concepts has rarely been seen in this sector, and this demonstrates how highly both Nokia and Microsoft value Finnish mobile expertise.”
“Through our technology transfer and Aalto Venture Garage activities, the Aalto University community has been able to help catalyze the creation and growth of more than 30 companies during the past two years, with a number of them having mobile applications,” said Will Cardwell, head of the Aalto University Center for Entrepreneurship, which will be charged with managing the program. “The people and ideas we work with hail from all corners of the world, and our partnership with Microsoft and Nokia will further strengthen our global network. This program will provide a unique opportunity to turn application ideas into real business with the support of world- class partners and coaches.”
Read more: http://appcampus.aalto.fi/
