By Emeka Aginam

TECHNOLOGY giant, Microsoft Corp said that it has renewed its affordable access initiative grant fund for a second year.

The fund is expected to assist companies working to bring internet access and new technologies, services and models to underserved markets. In addition to receiving funding and software to help power and develop their businesses, grant recipients, Microsoft said, would join a growing ecosystem of other grantees and funders to further increase their impact.

This initiative, according to the technology firm, is also connected to the work of Microsoft Philanthropies, which is helping to bring technology’s benefits to those who need them most. Microsoft Philanthropies is making its digital literacy, online safety and computer science education programs available to grant recipients and the communities they serve.