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Microsoft and the Green Bay Packers will each invest $5 million in a tech partnership called TitletownTech in Green Bay, Wisconsin:
In an unusual pairing of a giant tech company and a football team, Microsoft and the Green Bay Packers are trying to spur innovation in Wisconsin by forming a $10 million partnership that will make investments, give workspace to startups and encourage innovation among local businesses.
Called TitletownTech and located next to the Packer's Lambeau Field, it will include an 18-week accelerator for companies, a venture capital fund that will invest in those startartups and a lab to help existing business to inject innovation into their firms.
"By combining the Green Bay Packers' deep engagement in this community and our expertise in helping businesses digitally transform, we believe TitletownTech will be a valuable resource for Wisconsin and a model for fostering economic development in other parts of the country," said Brad Smith, president of Microsoft, in a statement.
The TitletownTech building is planned to open next fall.
Green Bay Packers press release. Also at Reuters, Green Bay Press-Gazette, and WILX.
(Score: 2) by Snotnose on Friday October 20 2017, @11:12PM
Me. Send $10 million my way and trust assured, I will spend that money wisely. No, not on hookers and blow. More like Teslas and top tier cable TV subscriptions.
So come on, someone toss $10 million my way and watch me not waste it.
/ Actually, give me $10 million
// I setup an account that throws off 5% to me
/// when I die it goes to a charity of my choice.
//// See, it's not wasted, it goes to a good cause. In a few years.
Parents in Africa: "Finish your food kids, there are starving children in America"