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  Microsoft, Israel in start-up support deal
Time: 08:32 EST/13:32 GMT | News Source: CNET | Posted By: John Quigley

TEL AVIV--Microsoft on Wednesday signed a deal with Israel's government to establish a joint program to give Israeli start-ups financial and technological support from the U.S. software giant. Microsoft forged the deal with Israel's Office of the Chief Scientist during Chairman Bill Gates' first ever visit to Israel. Gate later will meet with Israeli Prime Minister Ariel Sharon. Microsoft will provide $1.4 million in funds over three years. Companies chosen to work with Microsoft will initially receive technical consultation on Microsoft products, early exposure on future Microsoft software, technical advice on its open platform and consulting advice on intellectual property protection, Microsoft said in a statement.

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