iSTART@Silicon Valley targets start-ups wishing to break into the US market
October 19, 2012 by Stephanie SUTANTO
Organized by Infocomm Development Authority of Singapore (IDA), iSTART@Silicon Valley (SV) Programme is an initiative targeted at providing guidance and assistance to Singapore-based start-ups wishing to venture into the US market, specifically Silicon Valley. Start-ups will gain access to valuable resources such as consultations, incubators, and accelerators that have established a firm presence in US’s entrepreneurial scene. A customised schedule tailored for start-ups comes equipped with educational tools such as workshops and events to guide start-ups in understanding market dynamics, and devise business strategies catered to the US market. Start-ups can also expect to have networking opportunities with potential US-based customers, investors and partners.
iSTART@SV is slated to happen over two separate trips: the first trip is planned for January 2013, and the second trip is to be held two months after.
Companies will be selected based on the following requirements:
- Incorporated and physically present in Singapore
- Company’s group annual sales turnover should not exceed $100 million or a workforce exceeding 200 employees
- Preferred product verticals: Mobile, e-commerce, Web & Social Media, Cloud, Analytics
- Companies should have a working Product, and have the necessary resources (finance & manpower) for international expansion
- Screening will also be conducted by the consultant/accelerator/incubator
- IDA will cover the fees charged by the consultant/accelerator/incubator for organising this programme
- Companies should be able to cover their own return airfare, accommodation, cost of living, and additional entry fees for events, etc
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About The Author
Stephanie SUTANTO - Resident Contributing Writer
Stephanie is currently pursuing her undergraduate studies in the University of California, Los Angeles. She hopes to learn more about startups both in Los Angeles and in Southeast Asia, possibly starting one of her own in future. And yes, she prefers sashimi to chocolates and flowers any day. You can find her on LinkedIn and Twitter.Read other posts by Stephanie SUTANTO