Microsoft launches a UK start-up fund

Microsoft CEO Steve Ballmer has announced a new UK startup fund, the Microsoft Startup Accelerator Programme.

At least five companies have joined the program so far, according to PaidContent: Ether Digital, which has a platform for video content over IP; Zebtab, which has a desktop video application; Corebridge, involved in customer relationship management and communication software; ViaPost, which focuses on electronic document delivery; and Miomi, with a Web site that lets people mesh their own content with interactive timelines. More here.

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