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Huawei to invest US$100m to support APAC startups

Huawei to invest US$100m to support APAC startups
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Huawei to invest US$100 million in Asia Pacific startup ecosystem over 3 years

Published August 4, 2021, 3:50 PM Huawei Spark Huawei announced its plan to invest US$100 million in startup support at the inaugural HUAWEI CLOUD Spark Founders Summit, which took place simultaneously in Singapore and Hong Kong. Huawei said the investment would go towards its Spark Program in Asia Pacific region including the Philippines, which aims to build a sustainable startup ecosystem over the next three years. Huawei has been helping Singapore, Hong Kong, Malaysia, and Thailand build their startup hubs. At the summit, Huawei also announced the Philippines, Indonesia, Sri Lanka, and Vietnam, as four additional startup hubs – in with the overarching aim of recruiting a total of 1,000 startups into the Spark accelerator program and shaping 100 of them into scaleups.

Huawei Seeks to Help Indonesian Startups Flourish

Huawei Seeks to Help Indonesian Startups Flourish BY :JAYANTY NADA SHOFA AUGUST 04, 2021 Jakarta. Shenzhen-based tech firm Huawei recently unveiled its plans to bolster the Indonesian startup ecosystem, making the country an important part of its $100-million Spark accelerator program for the Asia-Pacific region. “Indonesia is one of the most promising lands for startups,” Leo Jiang, Huawei s Cloud Asia Pacific chief digital officer, told a press conference on Tuesday. Earlier in the day, Huawei announced it would invest a whopping $100 million into the Spark program in the Asia-Pacific region over the next three years. The Spark program focuses on building the startup ecosystem in Asia-Pacific.

Huawei to invest US$100 million in Asia Pacific startup ecosystem over 3 years

Huawei to invest US$100 million in Asia Pacific startup ecosystem over 3 years Aug 03, 2021 [Singapore/Hong Kong, August 3, 2021] Huawei announced its plan to invest US$100 million in startup support at the inaugural HUAWEI CLOUD Spark Founders Summit, which took place simultaneously in Singapore and Hong Kong. Huawei said the investment would go towards its Spark Program in the Asia Pacific region, which aims to build a sustainable startup ecosystem for the region over the next three years. Huawei has been helping Singapore, Hong Kong, Malaysia, and Thailand build their startup hubs. At the summit, Huawei also announced that this program would focus its efforts on developing four additional startup hubs – in Indonesia, the Philippines, Sri Lanka, and Vietnam – with the overarching aim of recruiting a total of 1,000 startups into the Spark accelerator program and shaping 100 of them into scaleups.

Huawei to invest $100 million in APAC startups

Huawei to invest $100 million in APAC startups
itpro.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from itpro.co.uk Daily Mail and Mail on Sunday newspapers.

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