Microsoft recently announced the launch of its Pegasus program, which aims to help startups accelerate their growth by providing up to $350,000 in Azure credits over a two-year period.
This is a significant opportunity for startups to leverage the power of Microsoft’s cloud platform and grow their businesses at an accelerated rate.
In this blog post, we’ll take a closer look at the Pegasus program, its benefits, and how startups can take advantage of this opportunity.
What is the Pegasus Program?
The Pegasus program is a new initiative launched by Microsoft to support startups and help them grow their businesses faster.
Moreover, according to Tech Crunch report, the program provides startups with up to $350,000 in Azure credits over a two-year period, which they can use to access a wide range of cloud services and tools.
According to Charlotte Yarkoni, Corporate Vice President of Growth and Ecosystems at Microsoft,
“The Pegasus program is designed to help startups access the cloud resources they need to scale quickly and effectively, giving them the flexibility to innovate, build and grow without the burden of infrastructure costs.”
Benefits of the Pegasus Program
The Pegasus program offers a number of benefits for startups, including:
Access to Azure cloud services and tools
Startups can use the Azure credits to access a wide range of cloud services and tools, including virtual machines, storage, databases, and more.
Cost savings
The Pegasus program provides startups with up to $350,000 in Azure credits, which can significantly reduce their infrastructure costs.
Flexibility
Startups can use the Azure credits to experiment with different cloud services and tools, and only pay for what they use.
How to Qualify for the Pegasus Program?
To qualify for the Pegasus program, startups must meet the following criteria:
Be a member of the Microsoft for Startups program
Startups must be a member of the Microsoft for Startups program, which provides access to a range of resources and support services.
Be a new Azure customer
Startups must be a new Azure customer, or have spent less than $1,000 on Azure in the last 12 months.
Have raised less than $10 million in funding
Startups must have raised less than $10 million in funding and have less than $5 million in annual revenue.
Conclusion
In conclusion, the Pegasus program is an excellent opportunity for startups to access the resources they need to grow their businesses faster.
By providing up to $350,000 in Azure credits over a two-year period, the program can significantly reduce infrastructure costs and provide startups with the flexibility they need to experiment and innovate.
If you’re a startup looking to accelerate your growth, be sure to check out the Pegasus program and see how it can help you take your business to the next level.
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