Oracle Startup Cloud Accelerator opens second call for applicants in Singapore
By Digital News Asia April 5, 2018
- The programme is open to technology and technology-enabled startups
- Interested startups can apply before Thursday, June 7, 2018
THE Oracle Startup Cloud Accelerator programme is accepting applications for the second cohort of startups in Singapore, as well as for its new virtual-style, non-residential global programme, Oracle Scaleup Ecosystem. The addition of Oracle Scaleup Ecosystem allows Oracle to work with startups at all stages of growth, regardless of location.
The programme launched globally in early 2017 is open to technology and technology-enabled startups. It received thousands of applications across its eight residential locations worldwide, accepting more than 40 startups globally, including six chosen startups in Singapore – Arya.ai, FlexM, FOMO Pay, Hacker Trail, RL Club, and Unscrambl.
Run by members of Oracle’s research and development team, the programme provides mentoring from technical and business experts, state-of-the-art technology, a co-working space, access to Oracle customers, partners and investors, and free Oracle Cloud credits.
Zack Yang, co-Founder at FOMO Pay said, “Being a part of Oracle Startup Cloud Accelerator’s first graduating batch in Singapore has definitely been an enriching journey. The programme enabled us to gain exposure and access to industry experts and their thoughts on how we can further the work we do, as well as Oracle customers. This definitely helped geared us up for the next step of our business.”
The startups in Singapore’s initial cohort were chosen from a highly competitive and diverse pool of start-ups. During the six-month programme, they achieved tremendous growth, enhancing their product offerings, cultivating new customer and partner relationships, and contributing to global cloud innovation. The first cohort of startups in Singapore included:
- Arya.ai is an enterprise deep learning platform designed to automate complex data science tasks involved while building neural network-based application or predictive models and in production. The platform is optimised for autonomous applications that can learn and re-learn in real-time without any human input.
- FlexM is a fast-growing Singapore-based fintech company working toward the financial inclusion of migrant and foreign domestic workers. FlexM’s complete and seamless financial solution is designed specifically to consist of consumer card, payroll solutions for businesses, and prepaid global cards.
- FOMO Pay is a one-stop QR code payment solution platform that enables merchants to accept a full suite of new payment methods including WeChat Pay, NETSPay, mVISA, and more. With FOMO Pay, merchants can unlock their business potential by giving customers the payment options they prefer and adopt cashless payment easily.
- Hacker Trail is a curated, cloud-based marketplace for the technology industry, designed to source, engage, curate and connect the right candidates with the right job opportunities across Southeast Asia. Headquartered in Singapore, HackerTrail engages with candidates from over 80 countries and serves top multinational companies and fast-growing startups in the region.
- RL Club is a rewards and loyalty club mobile app that rewards consumers for brand engagement and advertisement consumption. It solves loyalty for enterprise by building and operating award-winning white-label mobile engagement platforms for telecoms and banks, enabling their customers to be paid by consuming targeted ads.
- Unscrambl is an Atlanta-based startup that has developed a disruptive, next generation real-time cognitive analytics platform. Unscrambl’s solution senses events as they happen, analyses in context with artificial intelligence, and responds in real-time with optimal recommendations and actions.
Reggie Bradford, senior vice president, Startup Ecosystem and Accelerator, said, “The first cohort included tremendously talented startups creating innovative new products in areas ranging from e-payments to artificial intelligence. We look forward to working with more emerging companies in Singapore’s thriving startup market, and are dedicated to continuing to build an ecosystem of co-development and co-innovation where startups, customers, and Oracle all win.”
Oracle now seeks its second batch of startups to join the Oracle Startup Accelerator Programme. Interested startups can apply here before Thursday, 7 June 2018.
Oracle Startup Cloud Accelerator global locations include Austin, Bangalore, Bristol, Delhi–NCR, Mumbai, Paris, São Paulo, Singapore and Tel Aviv.
Additionally, Oracle’s new non-residential Scaleup Ecosystem programme targets high-growth entities globally, as well as a select number of investment groups and strategic partners. The program offers mentoring, R&D support, marketing/sales enablement, migration assistance, cloud credits and discounts, and access to Oracle’s customer and product ecosystems. Applicants can apply here.
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