July 6, 2020
Microsoft selects Narrativa for its startup program
By Narrativa Staff
The American multinational Microsoft has selected Narrativa for its ‘Microsoft for Startups’ program. The program was set up in February 2018 and aims to help new business initiatives find their way to success.
Narrativa was selected after meeting all the program requirements, which included the following; an innovative technological solution that helps customers in their digital transformation, less than seven years in the business, total annual income of less than $25 million and in the development phases Seed, Series A, B, or C.
In addition, startups cannot be listed on the stock exchange, must have their headquarters located within the Azure global infrastructure and must have verifiable financial information. Microsoft prioritizes those startups offering technology for companies or B2B (business to business) startups, such as Narrativa.
During the program, Narrativa will use Microsoft Azure technology to implement large language models based on Machine Learning (ML), as well as offering natural language generation services in a system which is 100% accessible in the cloud via API.
By doing this, Microsoft is providing startups with the technology and resources to carry out their business activities optimally, as well as an ecosystem of partners such as innovation centers or startup generators to help them get new customers.
Microsoft Cloud technology solutions facilitate the creation of applications with very little programming (Microsoft Power Apps), as well as data analysis and IoT (Internet of Things) incorporation to any device or platform.
Some of the advantages offered by this program are:
- An administrator who communicates with the startups and secures the right opportunities for each project.
- A personalized marketing plan to maximize marketing and special events with Microsoft.
- 24/7 technical support.
- An international sales team that finds companies that match your solutions.
Microsoft for Startups also has several programs, such as ScaleUp and Quantum, dedicated to autonomous driving and social entrepreneurship. These programs also support initiatives that use technology for social impact and that address challenges related to the environment or society.
Narrativa is honored to have been selected by Microsoft to undertake this exciting business venture. Support is essential for startups, which rely on having the right tools for new projects.
According to Spain Startup data, only one in ten new companies survives past the first three years. Lack of funding and support, as well as a competitive marketplace are some of the main causes of startup failure.
Change begins with the exchange of ideas and knowledge; a maxim that is at the forefront of this program due to the presence of experts in both the digital and business spaces.
Microsoft for Startups is a unique opportunity not only because of the technological resources it provides, but also for the opportunity to join a community with the same goals in digital transformation.
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