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I used bizspark at my last job but didn't use Azure. We were on AWS, and it applied just fine to EC2 instances running Windows Server(you don't pay the additional costs for ms licensing). Only thing it didn't work on was the MSSQL RDS instances we had, we ended up running our own Mssql server. One thing to note, you can also get credits from AWS if you're a startup. I've seen $25k to $50k being thrown around and my current company received enough credits that i didn't need to pay for service for over a year.

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