Written
25.02.2022
Author
Alise Munson
FRANKFURT, March 03, 2022 – TechQuartier, the community-based innovation manager and ecosystem builder for startups and corporates in Frankfurt, has partnered with Microsoft to continue to support startups in the growing European community.
More than 500 TechQuartier startups in the Frankfurt Rhine-Main region and other members across the globe will have access to Microsoft solutions and tools through the Microsoft for Startups program.
This collaboration promises to open new ways to develop data-driven business models and will facilitate the realization of new technological solutions from the startups while carefully managing compliance and regulatory topics in the sphere of data sovereignty.
“We are excited to have Microsoft on board as a champion partner. Together we are looking forward to really bringing our startup and corporate community onto a new level by running joined innovation formats with our common corporate partners and clients. We will also build on TechQuartier’s trend-based knowledge access via our community and Microsoft’s deep expertise in cloud-based computing, artificial intelligence, compliance and security.”
Building together
With TechQuartier’s access to a diverse tech community and involvement in large-scale digital industry initiatives, Microsoft will support and actively participate in matchmaking, networking and joint innovation challenges at TechQuartier.
Examples include:
• Microsoft will share expertise in federated machine learning frameworks with startups, plus collaborate on trend-based strategic projects like ESG scoring.
• TechQuartier will help founders and partners tackle identified needs and challenges by providing insights and facilitating the implementation of solutions from the ecosystem with help from Microsoft.
• Within the “Investigation of the Suitability of a Financial Big Data Cluster (FBDC) for Securing Data Sovereignty in the Financial Sector” (safeFBDC) project, Microsoft will jointly support the applicability of Gaia-X federation services.
The collaboration allows TechQuartier to continue to sharpen the trustworthiness, compliance, and security of shared data use for European companies and startups.
So far, the collaboration is focused on solving challenges in the safeFBDC-context of data privacy and market integrity, a use case led by Deutsche Börse Group. The project aims to improve the detection of financial market manipulation by applying AI to shared data pools.
“Businesses want to share data across organizational and geographic boundaries in a way that protects their data assets while creating greater economic opportunity. As a Champion Partner of TechQuartier Microsoft will also support safeFBDC – a foundational project that realizes this vision by enabling open, policy-based, multi-cloud data sharing.”
