IBM initiative to woo young entrepreneurs

The Global Entrepreneur Initiative will aid young entrepreneurs, start ups and any venture started inside three years, IBM said.  Briefing reporters, IBM ISV General Manager James M Corgel said the company has opened up its expertise and technology for young entrepreneurs to leverage their business in a cost effective way.

The company would provide start ups their technology tools, either for free or for a small cost, which would allow them to either scale up their solution to meet the market expectations or to make it part of a wider suite of solutions. Young entrepreneurs can also tap into the vast pool of R&D and consultancy expertise inside IBM in order to connect their solutions to the market expectations.