Posted on Thursday, Jun 23rd 2011
Just got the news, 1M/1M Premium company FreshDesk has won the Microsoft BizSpark Startup Challenge grant in the Cloud category. It’s a $40,000 prize, and a grant. Not debt, not equity, but a grant.
Congratulations, Freshdesk! We’re very proud of you guys.
And Microsoft team, it has been a pleasure working with you.
This segment is a part in the series : 1M/1M
. An Interview With Wayne Hurlbert . Ambassador Program . Ambassadors Finalized . Internships . Does It Need A Bank? . Receivables Financing . Entrepreneurs, What Do You Need? . Entrepreneur Grant Harris On CNN . Facebook Cause . Need Twitter HelpMore »» . Rural America's Outsourcing Potential . Local E-business Joins Global Effort To Boost Economy . Oct 6 Video Conference . Alternative Financing For Startups Using A Sales Channel Partner . A Policy Suggestion To President Obama . How We Differ From YCombinator . VCs, Angels, Incubators, Accelerators - What Are You Doing With Your Rejects? . VCs, Angels, Incubators, Accelerators - What WE Do With Your Rejects . Outsourcing Module Of The Curriculum Is Ready . Cloud Computing Module Of The Curriculum Is Ready . Web 3.0 & E-Commerce Module Of The Curriculum Is Ready . Vision India 2020 Module Of The Curriculum Is Ready . Mobile and Social Apps Module Of The Curriculum Is Ready . Healthcare IT Module Of The Curriculum Is Ready . Online Education Module Of The Curriculum Is Ready . The Entrepreneurship Curriculum . How We Will Interface With AngelList . Video Message Based On Recent Talks . Affiliate Network For Entrepreneurship Blogs . Corporate Sponsors, Affiliates, Incubators - Business Models for Partnerships . OrangeScape Wins TiE50 . Message To Incubators . Self-Assessment Tool . Premium Member FreshDesk Wins Microsoft India Startup Challenge . Kimbra Studios, Littleton, Colorado . Partnership Overview . Insane Logic, United Kingdom . MMIS, Portsmouth, New Hampshire . Zuznow, Israel . Live Well! Philadelphia, Pennsylvania
How 1M/1M: Premium Member helped them to get that grant? If I am right they applied for the challenge and they got because of the potential.
You are asking silly questions.
Sanil, I suggest you ask this question of the Freshdesk team, whether they got value out of their affiliation with 1M/1M or not. You are absolutely right that they got the grant because of their potential, and the credit goes entirely to the team. We do not, for a moment, want to take any of the glory away from them.
1M/1M works in the background with entrepreneurs to help them become successful. You can try to understand the program and its value proposition if you are seriously interested.