Microsoft expands “Freeway to a 100 Unicorns” initiative to assist startups in Asia Pacific – Asia Information Heart

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Microsoft expands “Highway to a 100 Unicorns” initiative to support startups in Asia Pacific - Asia News Center


Following the success in India, Freeway to a 100 Unicorns will now develop to 16 markets within the area to empower startups with mentoring, know-how and entry to enterprise purchasers 

Asia Pacific, 12 October 2020 – Microsoft for Startups launches the Freeway to a 100 Unicorns initiative in Asia Pacific to strengthen the area’s startup ecosystem. This follows the initiative’s success in India, the place solely 56 startups have been chosen to the Emerge X program from six states, which have over 15000+ startups. The Emerge X winners have vastly benefited with international market entry assist, a 3-day founder bootcamp with world class mentors, entry to funding, ongoing mentorship, and steering on Azure, synthetic intelligence, machine studying and extra.

Innovation is vital to unlocking inclusive financial development in Asia Pacific; excessive revenue economies within the area make investments 3 times extra in analysis and growth as in comparison with their friends. To spur modern entrepreneurship, Microsoft will work intently with governments and business companions to find and nurture know-how startups with a excessive potential to grow to be really international enterprises sooner or later.

Ricky Kapur, Vice President of Gross sales, Advertising and marketing and Operations, Microsoft Asia Pacific stated, “Startups play a significant function in our financial system as innovators, disruptors and first-movers. By way of Freeway to a 100 Unicorns, we’ll allow startups in APAC to allow them to have actual impression of their markets and drive digital innovation within the area. We look ahead to strolling with extra founders alongside their development journey and supporting them to scale and obtain extra.”

Emerge X Competitors

Innovators and entrepreneurs from a complete of 16 international locations (Bangladesh, Bhutan, Brunei, Cambodia, Indonesia, Laos, Malaysia, Maldives, Myanmar, Nepal, New Zealand, Philippines, Sri Lanka, Singapore, Thailand, Vietnam) are invited to be part of the Freeway to a 100 Unicorns initiative.

To be thought of, startups will first should submit an utility for Emerge X competitions of their international locations. Standards for startups to use for Emerge X is as follows:

1. Enterprise-to-Enterprise corporations with product-market match, income producing with not less than 3-4 purchasers.
2. Enterprise-to-Buyer corporations with a big buyer base (upward of 100K clients) and are income producing.
3. Funding is a plus.

All Emerge X startups might be awarded with free GitHub and Azure credit and targeted enterprise and know-how workshops. Three finalists per nation might be introduced in November. They may moreover profit from a year-long mentorship with technical and enterprise deep dives, a Founder Bootcamp over 3 days, entry to enterprise purchasers globally via Microsoft’s distinctive co-sell program in addition to alternatives to work together with Microsoft consultants and business stalwarts.

Info Webinars for Startups

Date and Time:

• October 14th, 10:30 – 11:30 AM SGT
• October 14th, 4:30 – 5:30 PM SGT
• October fifteenth, 10:30 – 11:30 AM SGT
• October fifteenth, 12:30 – 1:30 PM SGT

Hyperlink to register: https://aka.ms/highwaywebreg 

APPLY for the Emerge X competitors:

• Submit an utility on GrowthEnabler: https://aka.ms/freeway
• Startups should convey their GrowthEnabler profile to 80% to be thought of
• Purposes shut on 31 October 2020
• For any assist, please contact v-kashe@microsoft.com

About Microsoft

Microsoft (Nasdaq “MSFT” @microsoft) allows digital transformation for the period of an clever cloud and an clever edge. Its mission is to empower each particular person and each group on the planet to realize extra.

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