Huawei launches hybrid accelerator programme in Singapore | Singapore Business Review - The Latest News, Headlines, Insight, Commentary & Analysis
1 view

Huawei launches hybrid accelerator programme in Singapore

The Spark accelerator programme is designed for deep tech startup companies in APAC.

Global ICT provider Huawei has called on deep tech companies in Asia Pacific to participate in the Huawei Spark accelerator programme at the online HUAWEI CLOUD Summit 2020 Singapore.

Centralised in Singapore, the hybrid global startup accelerator programme aims to incubate and accelerate startup growth and build an ecosystem for startups in the APAC region.

Organised by HUAWEI CLOUD, in partnership with Enterprise Singapore and Startup SG, Huawei Spark will be kicked off in Singapore as a startup competition with the company investing to support deep tech startups, focusing on the firms with the use of 5G, AI/Machine Learning & Analytics, IoT, Mobile Edge Computing, as well as Mobile & SaaS Applications.

Startups that are accepted into the Huawei Spark program will receive free cloud resources including hardware support such as AI modules and AI-based intelligent industry solutions, along with open-source software support such as AI framework, database and OS to develop their own applications, services, and hardware appliances.

Subject to a startup’s maturity, Huawei will offer multi-tier support from seed stage to late stage, including financial support in terms of cloud credits of up to US$125k, AI development fund up to US$100k, technical and training, as well as go-to-market support.

Eligible startups will gain access to Huawei’s unique ecosystem of resources through a three-tiered ‘sell-to, sell-with, and sell-through’ model named, Spark Fire. On top of that, startups will be able to reach over 600 million Huawei mobile users, and millions of enterprise users across the globe through Huawei’s Cloud marketplace.

To participate in the Huawei Spark 2020 startup competition, startups can submit their proposals until 4 October. The top 15 startups will be shortlisted to proceed to the next round where Huawei experts will mentor the companies and finetune their business proposals, before the top five will be selected to pitch virtually to a panel of judges in November.

Huawei is said to have received more than 200 applications from Singapore startups since applications opened on 10 August.

Get Singapore Business Review - The Latest News, Headlines, Insight, Commentary & Analysis in your inbox
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

And SG, US affirm American presence in Southeast Asia as “vital.”
This chart from the inaugural Independent Reserve Cryptocurrency Index shows that more than 50% of Singaporeans believe Bitcoin’s value will increase past $50,000 in 2030.
This included one-off partial distribution of divestment gains of S$20m.
This is attributed to the lower rental reliefs to retail tenants at Festival Walk and higher average occupancy from IXINAL Monzen-nakacho Building.
The Tripartite Committee on Workplace Fairness targets to complete its work by H1 2022.
A total of 811 condos were sold in the last quarter, the highest since Q4 2010.
The SMAs are focused on global infrastructure projects.
The company said their income was driven by its latest acquisitions.
The Jobs Support Scheme has been extended to 18 August.
The bank is now allowing small- and medium-sized enterprises to avail the loan digitally.
Inflation for all items meanwhile remained unchanged at 2.4% YoY.
SMEs that qualify for the UOB Start digital pack will be offered six months of free access.
This was supported by grants extended by the government, such as the Jobs Support Scheme.
The group’s profits after tax ballooned by as much as 138.4%.