Almost half a million dollars up for grabs at Telstra's local startup accelerator

It will recruit ten tech startups.

Australian telco firm Telstra today launched its local startup accelerator, muru-D, which will recruit ten tech startups from across the region for its inaugural six-month accelerator program.

Applications will open in May and the program will begin in August 2015. Each of the successful startups will receive $40,000 in seed capital, space in muru-D Singapore’s central business district office and introductions to world-class mentors, coaches and investors.

The ten successful applicants from across Southeast Asia will be announced in August 2015, following a pan-Asian roadshow led by muru-D heads Joseph Ziegler and Jamie Camidge.

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