Category: APAC

Facebook, Microsoft to mobilise $50 M for renewable energy microgrids in India, Indonesia

APAC: Facebook and Microsoft have joined with investment firm Allotrope Partners to launch a finance facility to catalyze investments in renewable energy microgrids.

DTAC Accelerate opens Batch 5 for applications from start-ups

Thailand: DTAC ACCELERATE’S Batch 5, which is now open for applications, introduces a new track in search of heavyweight start-ups with global potential.

Infiniti and Nest® launch “Infiniti Accelerator 2.0” focused on IoT

Hong Kong: Infiniti and Nest, announced that the second “Infiniti Accelerator,” a 12-week startup development program, is now open for applications from around the world.

Japan’s NTT Data picks Deep Tech startup as winner of its Open Innovation Contest

Japan: NTT DATA, a global IT service provider, announced today that it selected Barcelona-based Social Coin as the winner of the Open Innovation Business Contest 5.0 during the contest’s Grand Finale.

Bangkok Bank partners Nest to launch a FinTech accelerator ‘InnoHub’

Thailand: Bangkok Bank Public Company Limited announced its international FinTech accelerator program, Bangkok Bank InnoHub in partnership with corporate innovation partner Nest.

Sarawak to develop incubator for digital economy startups

Malaysia: Sarawak’s Chief Minister Datuk Amar Abang Johari Abang Openg has approved an allocation of RM30 million to develop an incubator for local business startups to explore growth opportunities offered by the digital economy.

MaGIC launches new global accelerator programme, as an “evolution” of its MAP programme

Malaysia: The Malaysian Global Innovation & Creativity Centre (MaGIC) launched a new accelerator programme called the Global Accelerator Program (GAP).

CMC Corporation launches $2.2m early-stage startup investment fund

Vietnam: CMC Corporation, one of the major technology companies based in Vietnam, on February 26 launched a VND50 billion ($2.2 million) startup fund – the CMC Innovation Fund (CIF).

PwC launches Shanghai Innovation Centre to create a new ecosystem

China: PwC China has launched its Shanghai Innovation Centre located in Xintiandi Shanghai, marking the official start of the Alliance of Shanghai Science and Technology Innovation (ASSTI), initiated by the firm.

Thailand’s National Innovation Agency joins AGW to launch global accelerator programme

Thailand: National Innovation Agency (NIA) of Thailand and Israel’s AGW Group (AGW) today announced the launch of SPARK — a global acceleration programme aimed at Thai startups.

New accelerator helps tour and travel tech startups launch in the Mekong region

Thailand: The Mekong Innovative Startup Tourism (MIST) Initiative has announced two new accelerators designed to make it easier and faster for innovative tourism businesses to get established in Cambodia, Laos, Myanmar, and Vietnam.

Japanese Bank ‘Sumitomo Mitsui’ To Establish Innovation Lab in Silicon Valley

Japan: Sumitomo Mitsui Financial Group and Sumitomo Mitsui Banking Corporation have stated their intention to expand their Silicon Valley operations with the announcement of a new Digital Innovation Lab and Rep Office.