Launch of US-Singapore Multi-Stage Acceleration Program for Startups
Plug & Play (Silicon Valley, US) and The Co-Foundry (Singapore)
are proud to launch a 6-12 month multi-stage acceleration program based out of Singapore for at startups looking to address today’s largest and fastest growing markets in Asia and also expand into the more developed and ultra-competitive US market.
With strong vertical (industry based) acceleration support from Play & Play in the US, this program strongly boosts potential startups with the quick access to key demand drivers and strategic partners in the US. Startups can leverage on a strong funding pipeline from early on so they can focus on executing their growth plans. This program gears startups to be global from day one, and accelerates startups in finding a product-market fit and subsequently getting to scale.
Amongst other benefits, startups accepted to this highly selective program will enjoy privileged access to:
· Potential clients and strategic partners to accelerate startups’ growth
· Business & technology mentors with deep industry experience and domain knowledge
· Footholds in Asia and US, with opportunity to join Plug & Play’s program in the US.
· Deep technology explorations to boost product impact and build technical defensibility
· Workshops and hackathons to gain ideas, talent and insight to boost their startups.
“We are most excited about this partnership, as it brings a most compelling suite of support for our startups.” said Mr. Michael Yap, Founder of The Co-Foundry. “It brings access to the US ecosystem, coupled with access to possibly the fastest growing internet markets in Asia. We believe this is the first acceleration program to stretch across the two regions.”
“Jointly, we will rope in major corporations within the targeted sectors to support our startups. The world is competing for talents and innovations, and our corporate partners would have the opportunities to work with the most exciting talents emerging out of Asia.” said Mr. Saeed Amidi, Founder of Play & Play.
The program accepts startups in various stages, and can help marshal funding support from initial seed funding rounds of up to US$50,000 all the way up to working with US and Asian venture capitalists for Series A funding rounds of up to US$1M.
The first cycle of this program will focus on startups in the Financial Technology and Internet of Things sectors.
The deadline for startups to apply is 15 Dec 2014 via https://angel.co/pnp-tcf-multi-stage-accelerator-program-1. Applications will be reviewed on a rolling basis from 1 Jan 2015 so early applications are encouraged.
About Plug & Play
Plug and Play is a global startup accelerator that specializes in growing high-tech start-ups and increasing their chances of success. Headquartered in Sunnyvale, CA, Plug and Play’s global network includes 270+ portfolio companies that have raised over US$3 Billion, 200+ corporate and investor partners and an active community in the heart of Silicon Valley.
Website: http://plugandplayaccelerator.com and http://plugandplaytechcenter.com/
About The Co-Foundry
The Co-Foundry, we are a team of passionate individuals who have come together on a mission to help build valuable startups. Our team has the experience in founding startups and also has a deep appreciation of the challenges of building viable businesses under extreme uncertainties.
For Media Enquiries, please contact:
Mobile: (65) 9875 0042
VP International Operations,
Plug & Play
Tel: + 1 (408) 524-1408
If you liked what you read, please share it with friends.