Microsoft and Marathon VC support domestic startups
Guided by previous successful joint actions, Microsoft Greece, Cyprus and Malta is launching a new partnership with Marathon Venture Capital, aiming at the further development of advanced-stage startups, which have secured significant funding and are active in the B2B Enterprise sector.
Specifically, as part of the partnership, Microsoft will include scaleups in the “Microsoft for Startups” program, following a proposal by Marathon VC, to provide them with access to technology, technical guidance and business development support globally.
In addition, Microsoft will provide training on cloud computing and application development, as well as its experienced executives who wish to offer consulting guidance to the companies that integrate in the program.
Marathon Venture Capital is the most important funding for technological startups in Greece and manages fundings totalling 100 million euros. Its investments include Netdata, Hack The Box, Cube RM, Lenses, Causaly and Learnworlds, while its partners have been founders or initial investors in companies such as Taxibeat and Workable.
With the new partnership, Microsoft Greece will expand the circle of startups, as well as the overall dynamics of the “Microsoft for Startups” program. Already, in the one year of the program, 18 startups benefit from the Program and receive comprehensive support, aiming at their extroversion and international development
“The strengthening of the innovation ecosystem in the country goes through synergies that multiply the positive impact of the effort made by all stakeholders. In startup entrepreneurship, access to services, counselling and technical education are just as important as funding. Our collaboration with Marathon VC creates a comprehensive framework for the acceleration and scaleup of the startups.”, stated Albert Bourla, Sales Manager of Microsoft Greece, Cyprus and Malta.
“Our goal is to support companies that create B2B solutions for the global market and especially for businesses that belong to the Global 2000 list. These solutions always coexist or are built on Microsoft products, so working more closely with microsoft is a natural consequence. Already, several years ofAlready, several of our companies have reaped significant benefits from their partnership with Microsoft, and we look forward to accelerating this, aiming for even greater successes.”, noted Panos Papadopoulos, co-founder of Marathon VC.
The collaboration comes at a time when Microsoft Greece, Cyprus and Malta is taking initiatives within the framework of “GR for Growth“, the initiative aimed at accelerating the digital transition in the country and enhancing innovation, as a vehicle for creating business development opportunities and strengthening the enhancement of innovation, as a vehicle for creating business development opportunities and enhancing brain gain.