SILICON VALLEY, Calif., March 26, 2020 /PRNewswire/ — Plug and Play has introduced immediately that they are going to launch a worldwide COVID-19 Accelerator devoted to scaling the world’s most promising startups who will help deal with the coronavirus pandemic. This system will give attention to current applied sciences that may obtain huge scale, initially throughout three tracks: healthcare, enterprise, and provide chain.
The coronavirus has disrupted world provide chains and enterprise fashions, reworking the character of labor and positioned unprecedented stress on well being programs and public establishments. To drive the innovation essential to adapt and reply, the COVID-19 Accelerator will join main companies, governments, nonprofit organizations, and traders with Plug and Play’s ecosystem of 20,000 startups, with applied sciences starting from pc imaginative and prescient and diagnostics, cybertech and collaboration instruments, blockchain and automation — all with the targets of flattening the curve and constructing the capabilities essential to thrive within the new regular.
Since its inception in 2006, Plug and Play has grown to change into the world’s largest innovation platform. Annually, Plug and Play connects over 400 company companions from 17 industries with its ecosystem of startups, traders, and public establishments, operating over 60 accelerator applications throughout 30 world places every year.
“Our first precedence is the well being and security of our households, group members, company companions, entrepreneurs, and traders. Now we have been working carefully with our ecosystem and authorities businesses to do all we are able to to contribute to response efforts and discover options to handle the state of affairs. I invite companies, universities, foundations, and traders to accomplice with us on this,” mentioned Saeed Amidi, Founder and CEO of Plug and Play.
Silicon Valley serves because the headquarters for Plug and Play’s world operations the place it runs innovation applications centered on Well being, Provide Chain, Enterprise Tech and over a dozen different industries.
About Plug and Play
Plug and Play is a worldwide innovation platform. Headquartered in Silicon Valley, we now have constructed accelerator applications, company innovation companies and an in-house VC to make technological development progress quicker than ever earlier than. Corporations in our neighborhood have raised over $9 billion in funding, with profitable portfolio exits together with Hazard, Dropbox, Lending Membership, Honey, Guardant Well being, and PayPal.
SOURCE Plug and Play