Last week, Cronos Group introduced The CoFoundry, a new incubator that will focus on small technology companies active in the cloud.

The CoFoundry intends to operate as a kind of "co-founder" with the goal to accelerate the growth of startups in every possible way. It will not only provide a suitable working environment where entrepreneurs will be able to learn from each other, but it will also offer technical support, mentoring and several formation programs.

This initiative was taken by Cronos group together with IBM as a strategic technology partner. The software giant will support the project through its platform Bluemix, by enabling startups founders to use within very favorable conditions".

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By Gabriela Fernández Scala