Calling All Entrepreneurs: Tap Dell for $100 Million

Dell ponies up $100 million fund for startups to fund their small business IT needs.

If your company's been struggling to finance the technology it needs to succeed, then Dell may have an answer for you: cold hard cash. Our colleagues at sister-site eWeek lay out the details of the new Dell Innovators Credit Fund. Check it out to see if your business qualifies to tap that pile of dough.

Dell Offers Funding for Entrepreneurs and Startups

-- by Jeffery Burt

Dell is creating a $100 million fund to help startups get their companies up and running and—hopefully—to create relationships that will make some of them long-term Dell customers.

The Dell Innovators Credit Fund isn’t to invest in companies, according to Steve Felice, president and chief commercial officer at Dell. Most of these startups already have venture capital backing or angel investors funding the development of their products. A significant hurdle they’re facing is the difficult and time-consuming process of getting financing from banks for such needs as IT equipment.

Read the complete article: Dell Creates $100 Million Fund to Help Startups

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This article was originally published on Friday Jun 8th 2012
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