The AIA Accelerator programme, which launched last year and ended with a demo day in June that saw about eight startups successfully secure funding, will be taking place in Hong Kong.
AIA Which is an insurance company will be patnering with startup accelerator, Nest, for the second edition of the programme Which will be running for 12 weeks. The programme will also be co-sponsored by big names in the tech industry, including Microsoft , Hong Kong Science and Technology Parks Corporation, InvestHK, and Amazon.
Eight startups will be selected to join the programme, which begins November 16th and closes with a public investor demo day in March next year.
Mark Tucker, group chief executive and president of AIA, said the decision to run a second programme was born out of the success of the first.
“In only 12 weeks, the startups progressed from ideas to prototypes, and from prototypes to products that are commercially viable. They have raised funds, signed partnerships and some have even taken steps to expand internationally,” he said.
“Good ideas need resources to become reality, and the AIA Accelerator programme has provided support to entrepreneurs who have demonstrated passion and expertise towards helping improve peoples’ lives, now and into the future.”
Applications for the programme are now open. Applications close on October 9.
Nigerian startups raised $35.5 million in Q3 2018, 52% less than in Q2. Find out more in the Nigerian Startup Funding report. Download.
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