Finally, an accelerator just for enterprise startups in Asia

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Startup accelerators, which offer founders a bootcamp and funding to refine their ideas and get up to speed on the finer points of tech entrepreneurship, have become popular in Asia.

But there hasn’t been one targeted at enterprise technology startups. Venturetec Accelerator, based in Hong Kong and Australia and founded by Australian tech executive and consultant Trey Zagante, is changing that. He says:

Enterprise tech startups don’t fit the traditional accelerator model and our program is built around connecting startups with enterprise customers.

It’s not an entirely novel idea – enterprise-minded founders in the US can apply to join Alchemist Accelerator in Silicon Valley and Tech Wildcatters in Dallas. But Venturtec will be the first such accelerator to stake out territory in the East.

Slated to receive its first intake this year, Venturetec offers many things you’d come to expect from such programs: AU$40,000 ($36,000) in cash funding for a ten percent stake, as well as access…

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