Category: Incubators

India to invest $30M in 100 incubators & $700M in 50 super-computers

India: The Indian government will be setting up 100 more incubators across the country to support start-ups in innovations and will be investing Rs 200 crore (~$30M) for the same.

Australia launches startup incubator “Landing Pad” in Singapore with support from SGInnovate

Singapore: Australian Govt. has launched a startup incubator called the “Landing Pad” in Singapore, with support from SGInnovate – an investment unit funded by the local Singapore government.

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.

Paypal graduates first 3 startups from incubation program

Singapore: PayPal’s startup incubation program that landed in Singapore last year, graduates it first 3 incubatees after spending nine months at the international payment company’s Technology Center in Singapore.

ICRISAT sets up iHub for agri entrepreneurs

India: The International Crops Research Institute for the Semi-Arid Tropics (ICRISAT) today set up iHub aiming to provide space for agricultural entrepreneurs, scientists and technology experts for innovative work in the field of agriculture.

Nudge Foundation launches incubator for non-profit start-ups

India: Nudge Foundation has launched an incubator called N Core for non-profit start-ups working to solve poverty-related problems.

Qualcomm expands its Design in India Program – invests $ 8.5 million

India: Qualcomm Incorporated (NASDAQ: QCOM) today announced the top three winners of its first edition of the Qualcomm Design in India Challenge (QDIC), which was launched in December 2015, in association with NASSCOM.

SAP Labs Launches Startup Accelerator in Bengaluru

India: Enterprise application software behemoth SAP Labs India on Thursday launched accelerator program SAP Startup Studio, aimed at providing mentoring, infrastructure and technology support to early-stage startups.