ALIBABA Cloud has announced its new Project AsiaForward initiative – during its annual summit on June 8 – to bring digital transformation to enterprises in Asia and nurture fresh talent.
Alibaba Cloud also shared its plans to invest US$1 bil across six Southeast Asian markets, Hong Kong, and Taiwan, within the next three years.
As part of Project AsiaForward, Alibaba Cloud will launch the Global Startup Accelerator with KrASIA. A series of Demo Days will be held, presenting startups the chance to be selected for the program and become part of Alibaba Cloud’s global ecosystem.
The Alibaba Cloud x KrASIA Global Startup Accelerator brings together new technologists, venture capitalists, and other ecosystem players across Asia to identify startups that are compatible with Alibaba’s ecosystem.
Alibaba Cloud welcomes startups from any country, industry, and operating at any stage.
Startups that join Demo Day stand to win the following prizes:
- US$ 60,000 in Alibaba Cloud credit
- One-on-one technical support for setup and migration
- Connections to top VCs in Southeast Asia and China
- Opportunities to work with Fortune 500 companies in Alibaba’s ecosystem
- Published profiles in both English and Chinese by KrASIA and 36Kr Global
Upon successful registration, startups will also receive US$3,000 in Alibaba Cloud credit.
Registrations for the inaugural Demo Day are from Aug 16 to Sep 1. Finalists will be notified on Sept 6 for the Demo Day on 10 Sept 10 at 1 to 3pm (GMT+8).
Here’s what you need to provide for registration:
- Your startup’s name
- Main point of contact’s details: full name, mobile number, business email address
- PDF of your corporate deck
The selection process begins after you’ve successfully registered. The panel of judges include representatives of Alibaba Cloud, venture capitalists, and research experts from 36Kr Global.
The judges will consider the company’s corporate deck when selecting startups for Demo Day. The full selection criteria is available on the program’s official website.
Click here to learn more and register for the Alibaba Cloud x KrASIA Global Startup Accelerator Demo Day. – Aug 24, 2021
