Microsoft has launched a new program that gives $20,000 in investment and support to developers who want to build programs that use its Kinect motion sensing technology. The new initiative is called Kinect Accelerator, and will select 10 applicants to work closely with Microsoft. Those companies selected get an impressive range of support and products to help them bring their projects full circle including cash, mentoring, and lots of development tools.
According to the official FAQ, recipients of the program get an investment of $20,000, an Xbox development kit, the Windows Kinect SDK, office space to work from, the resources of BizSpark, technical training and support, mentorship from entrepreneurs, and support from investors and Microsoft executives "intensely focused on making their business a success."
The deadline for applications is January 25, 2012. For more info, check out www.microsoft.com.