Venturetec, the First Enterprise Tech-Focused Accelerator for Startups in Asia-Pacific, is Now Accepting Applications

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Following homegrown startup Divide’s recent Google acquisition, we’re convinced that enterprise tech is a space more startups should be paying attention to.

According to startup mentor Trey Zagante, the enterprise tech market is in investment terms, double the size of the more favored consumer tech market and has made up for 80% last year’s largest tech IPOs. Besides mentoring startups in the Melbourne-based Founder Institute and early stage accelerator AngelCube, Trey is also the founder of a newly launched accelerator program called Venturetec.

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Cyberport Partners with Microsoft Ventures for New Accelerator Program with Seed Fund in Hong Kong

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Cyberport, Hong Kong’s ‘creative digital community’ has been drumming up a lot of support for startups in the past while, the latest being a partnership with Microsoft Ventures.

Besides teaming up with a tech giant to give startups an opportunity at global exposure, Cyberport has also announced a complimentary accelerator support programme and is now accepting applications for their seed fund.

We had a chat with Herman Lam, CEO of Cyberport to get his take on the partnership and how it will benefit Hong Kong’s ecosystem.

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Enterprise Tech Accelerator Venturetec Launches At The StartmeupHK Venture Forum

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On the StartmeupHK Venture Forum of this week, enterprise tech accelerator Venturetec launched with the aim of bringing together the corporate and startup worlds. Venturetec is a 6-month accelerator program run in both Hong Kong and Sydney. It is also the first accelerator exclusively for enterprise technology startups in the Asia Pacific region.

The accelerator will accept its first batch of startups in early 2014 and will focus on building globally competitive enterprise technology companies. Venturetec is looking to capitalise on the lucrative corporate IT market, which Gartner forecasts will grow to almost $US3.9 trillion by 2014.
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