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For many startups, breaking into the enterprise market could be a problem. The gross sales cycles are lengthy, regulatory compliance is daunting, and ensuring your product can deal with the size and reliability that enterprise patrons demand may be robust.
Introducing Microsoft for Startups Pegasus Program
Immediately we’re excited to unveil the Microsoft for Startups Pegasus Program, which connects growth-stage startups to hundreds of Microsoft’s prime prospects. This system is an extension of our Founders Hub platform and offers startups further assist by driving top-line income for those who have already achieved product-market slot in industries, together with AI, well being and life sciences, cybersecurity, and retail. This system acts as a matchmaker, figuring out enterprise prospects with enterprise challenges and connecting them with the correct startup options.
In pilot, this system has already helped over 100 startups land enterprise prospects, with a median deal dimension of $350,000.
“Many startups battle with regards to enterprise gross sales,” stated Andy Pandharikar, founder and CEO of Commerce.AI. “Working with Microsoft for Startups helps us perceive how enterprise prospects have a look at and buy new modern merchandise, and thru this program we have now been capable of shut practically $1 million in offers.”
This system is presently invite-only and we choose startups from our Founders Hub group who’re constructing with Microsoft know-how. This system offers:
- Alternative technology: All startups chosen for this system obtain assist from business specialists, who will assist generate gross sales alternatives of their sector and act as a trusted advisor.
- Go-to-market assist: Startups will work with go-to-market specialists from Microsoft to make sure they’ve one of the best sources for producing and creating offers.
- Entry to Microsoft know-how: Startups can even get a devoted Cloud Answer Architect (CSA) supporting their technical success, most popular entry to Azure’s AI choices, and as much as $350,000 in know-how credit spanning Azure (together with Azure OpenAI Service), GitHub, and LinkedIn. CSAs function a single level of contact for startups to make sure they’re technically ready to interact with enterprise prospects, facilitate compliance and safety checks, and advise on structure.
“At Merck, we search innovation in digital life sciences applied sciences,” stated Geof Hannigan, Govt Director & Principal Scientist at Merck. “Working with enterprise-ready startups like these within the Pegasus Program is vital to develop digital-enabling applied sciences that may advance drug discovery and improvement.”
At Microsoft, we’re all the time searching for methods to empower each individual and group to do extra, and so we’re excited to assist startups speed up development by way of the Pegasus Program.
For extra data on the Pegasus Program, please go to http://aka.ms/Pegasus.
