New TechStars-based JFDI-Innov8 Bootcamp for startups open for registration

Update, 29th Sept: The SingTel Startup Weekend Singapore winner will be guaranteed a place on the JFDI–Innov8 2012 Bootcamp.

Aspiring tech entrepreneurs take note: A new startup accelerator program based on the successful US-based TechStars has arrived in Singapore, and is open for registration now (apply here).

Co-organized by Singapore-based startup accelerator JFDI and SingTel Innov8, the penultimate event of this initiative would be the intensive 100-day JFDI-Innov8 2012 Bootcamp in January.

If selected, you will receive S$15,000 (US$11,500) and guidance from established mentors and industry experts to launch your business. You will also get a work space and assistance with business registration, and pitch to international investors towards the end of the camp, on Demo Day.

Only 15 teams from around Asia will be picked, so expect competition to be fierce.

While you can apply to the Bootcamp directly through the website, signing up for Startup Weekend will give you an edge. These events will be held in Singapore, Manila, Melbourne, India, Jakarta, and Bangkok.

At Startup Weekend, you will get the chance to meet the judges face-to-face and impress them. Most importantly, the winning team from the Singapore event will be guaranteed a place on the Bootcamp.

The third Startup Weekend will be hosted by SingTel in Singapore on 14th October. Check out the FAQ for the Singapore event, or a more general FAQ on the initiative.

JFDI is a member of the TechStars network, a famed US-based program with a 70 per cent success rate as a seed accelerator in taking digital start-up businesses from ideas to investment readiness. JFDI’s mascot is a frog.

Says Wong Meng Weng, co-founder of JFDI: “Our door is open to anyone from anywhere who can prove that they have got what it takes. Our objective is to catalyse the creation of world-class, investment-ready start-up businesses that have the talent, technology and connections to scale rapidly and enrich people’s lives.”

SingTel Innov8 is a corporate venture capital fund and a wholly-owned subsidiary of SingTel. Their portfolio includes 2359 Media, ViVOtech, Dealised, and Stream Media.

Yvonne Kwek, CEO of Innov8, says that Innov8 will play a role in nurturing the teams and facilitating their go-to-market strategies to help deliver innovative digital applications and services to millions across Asia.

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