Venturetec Accelerator targets enterprise startups in Asia Pacific

06-Jan-2014 Intellasia | e27 | 6:00 AM Print This Post

12-month-long Venturetec accelerator programme aims to connect enterprise technology startups in Australia and Hong Kong with global corporations

Earlier this month during the StartmeupHK Venture Forum, Venturetec announced the launch of its new enterprise tech startup accelerator programme, which will be based in Hong Kong and Sydney, Australia.

Up to eight teams will receive seed funding, office space, professional services, mentorship for six months, after which a roadshow will be conducted for the teams to showcase their startups. In addition, six more months of ongoing support will be provided after the roadshow at the end of the programme.

The longer timeframe of 12 months was chosen over the standard three-month accelerator model due to the more involved nature of enterprise tech startups, which includes connecting with key decision makers from the enterprise market, many of which are Fortune 500 companies in banking, finance, media and technology sectors.


Category: FinanceAsia

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