November 20, 2011 10:21 am EDT

Turn your Kinect hack into a startup with Microsoft's Accelerator program

Wanna turn your Kinect hack into, um, money? Microsoft can help you out, now that it's teamed up with TechStars to launch the Kinect Accelerator -- a program designed to turn Kinect-based ideas into real world startups. To participate, innovators must first apply to the Accelerator before the January 25th deadline. Ten applicants will then be accepted to a three-month incubation program, and rewarded with $20,000 in seed money. To participate, however, you'd have to relocate to Seattle for the duration of the program, scheduled to kick off this Spring. Plus, if you manage to bring your company to market, you'll have to set aside a six percent common stock stake for TechStars, which is both funding and spearheading the initiative. For more details on how to apply, hit up the source link below.

Turn your Kinect hack into a startup with Microsoft's Accelerator program originally appeared on Engadget on Sun, 20 Nov 2011 05:21:00 EDT. Please see our terms for use of feeds.

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Original Link: http://www.engadget.com/2011/11/20/turn-your-kinect-hack-into-a-startup-with-microsofts-accelerato/

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