IBM to startups: We’ll give you $120k to build your business in the cloud

November 10, 2014 Off By David
Object Storage

Grazed from CloudTech. Author: James Bourne.

IBM has today announced the IBM Global Entrepreneur Program for Cloud Startups, which aims to help aspiring firms to the tune of $120,000 (£75,000) if they get a foot up on IBM’s cloud platform. Those who get the funding will be able to access the entire set of jewels in IBM’s cloudy crown, including SoftLayer infrastructure, Aspera’s data transfer, Cloudant’s database as a service, and Twitter’s social analytics, after the firms’ partnership was announced earlier this month.

Big Blue is also offering face to face events, as well as CIO and entrepreneur meet-ups for successful startups. With over four million developers and 143,000 companies in the IBM cloud ecosystem, IBM claims it has the widest range of cloud services out there. The firm certainly feels as though it’s got the largest in terms of funding, trilling in its press literature the $120k is greater than Google ($100k), Microsoft Azure ($60k) and Amazon Web Services’ ($15k) offerings…

This publication is reminded of Rackspace’s £250,000 pledge to startups back in November 2013, but that was the total amount of its cloud hosting, so IBM does have the edge, providing it gets more than three customers, anyway…

Read more from the source @ http://www.cloudcomputing-news.net/news/2014/nov/10/ibm-startups-well-give-you-120k-build-your-business-cloud/