Nokia Incubator program exposes: Helping employees to start a business

http://www.aliyun.com/zixun/aggregation/17197.html "> Beijing time July 11 Morning news, despite the difficult situation, but Nokia has launched a" Nokia Bridge "as early as last year Incubator program, offering entrepreneurs up to 150,000 euros (about 185,000 dollars) to help them create new start-ups.

The plan, which Nokia launched in April 2011, has been very low-key. Unlike other companies ' in-house incubator programs, Nokia's move is designed to help departing employees create their own companies.

Under the scheme, each former Nokia employee receives 25,000 euros (about $30,800 trillion) of financial support, and up to 4 former employees can join together to form a project in which these startups can get up to 100,000 euros (about $123,000 trillion) of financial support. In addition, each start-up company is eligible to apply for a maximum of € 50,000 (about 61,000 dollars).

David Hall, a British spokesman for Nokia Bridge, said Nokia would not acquire the latter's stake in the venture and would not transfer any intellectual property rights to these companies, David Haul. He also said that Nokia will continue to implement the plan by the end of this year, and it is likely to continue thereafter.

So far, about 100 startups have been involved in the Nokia Bridge program, including dozens of in the UK, but Nokia has not yet released any regional participants. Known participants include Jolla, a company formed by former Nokia executives, trying to revive Meego handsets. Nokia has previously abandoned Meego and started producing Windows Phone phones.