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CO-WRITTEN / PARTNER | Staff Reporter, Hong Kong

EY Foundry start-up incubator programme to expand in Singapore

The programme will provide better collaboration opportunities between EY and start-ups.

EY is set to expand its Foundry start-up incubator programme to cover ASEAN markets, including Singapore. EY Foundry focuses on helping early stage tech start-ups to accelerate business growth through piloting and scaling activities with EY.

EY Foundry has become a virtually run programme due to the COVID-19 pandemic, and aims to leverage the EY global connectedness to bring greater collaborations between start-ups, EY professionals and the supporting corporate community.

Up to 14 start-ups may be offered six months of participation in high-growth EY activities, which include tailored learnings by EY subject matter professionals, and EY piloting sessions to prepare start-up products in accessing the corporate community.

EY Foundry will further support the programme’s participants in building their technology, and will be given around $87,500 (US$120,000) worth of Microsoft Azure credits.

Following the successful programme launch in Singapore, the programme’s expansion will bring greater diversification of applicants, start-up businesses and emerging technologies.

Applicants must be in an early stage (pre-series A funding) technology or product-related start-up, have a working prototype or is in the process of prototyping, have a demonstrated leadership team in the relevant industry, and be able to provide business pitch materials.

Founders of start-ups in the tax, accounting, fintech, legal tech, regulatory tech, compliance tech or HR tech industries are invited to apply to the programme from 28 September 2020 till 6 November 2020 at Successful applicants to the programme will be announced at a virtual launch event to be held in November 2020.

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