• Tuesday, May 26, 2020
  • Last Update : 11:20 pm

Microsoft selects Bangladeshi startup for Airband Grant fund

  • Published at 03:49 pm September 3rd, 2018
A Microsoft logo is seen in Los Angeles, California US on November 7, 2017 Reuters

Microsoft will provide ME SOLshare with support to scale up their connectivity solutions

Microsoft has recently announced the eight early-stage companies it selected for its third annual Airband Grant fund. The fund provides internet access and cloud-enabled solutions to underserved communities in the US, Africa, and Asia.

ME SOLshare, a solar electricity provider for rural and underserved people of Bangladesh, is one of the eight recipients of the fund—the only Asian recipient.

ME SOLshare will use the grant funding to help form partnerships with Internet Service Providers (ISPs) to: connect sites, increase product adoption, identify mobile money partners, and build secure mobile money and energy-routing mechanisms.

ME SOLshare is building a peer-to-peer solar energy trading platform in Bangladesh with Wi-Fi towers. The company has created a groundbreaking new approach to bring affordable solar electricity to everyone in Bangladesh, and beyond, through its peer-to-peer solar energy trading platforms—based on distributed ledger technology. 

The project will provide more households, that could not previously be reached, with access to electricity. More households will enjoy a flexible, reliable and cheaper electricity service than before; more households will be able to earn direct income from their Solar Home Systems (SHS) by cashing in what they have fed into grid. 

Microsoft will provide these startups with: cash investments, access to technology, mentorship, networking opportunities, and other support—to scale their connectivity solutions. 

This year’s grantees were selected for their focus on developing affordable internet solutions that connect underserved communities and create internet-enabled applications that improve: agriculture, education, healthcare, and small business.

blogger sharing button blogger
buffer sharing button buffer
diaspora sharing button diaspora
digg sharing button digg
douban sharing button douban
email sharing button email
evernote sharing button evernote
flipboard sharing button flipboard
pocket sharing button getpocket
github sharing button github
gmail sharing button gmail
googlebookmarks sharing button googlebookmarks
hackernews sharing button hackernews
instapaper sharing button instapaper
line sharing button line
linkedin sharing button linkedin
livejournal sharing button livejournal
mailru sharing button mailru
medium sharing button medium
meneame sharing button meneame
messenger sharing button messenger
odnoklassniki sharing button odnoklassniki
pinterest sharing button pinterest
print sharing button print
qzone sharing button qzone
reddit sharing button reddit
refind sharing button refind
renren sharing button renren
skype sharing button skype
snapchat sharing button snapchat
surfingbird sharing button surfingbird
telegram sharing button telegram
tumblr sharing button tumblr
twitter sharing button twitter
vk sharing button vk
wechat sharing button wechat
weibo sharing button weibo
whatsapp sharing button whatsapp
wordpress sharing button wordpress
xing sharing button xing
yahoomail sharing button yahoomail