Kul Bhushan · · 1 min read500 Startups, TTA team up to launch accelerator program for Taiwan startups
Global venture capital firm 500 Startups has announced a partnership with Taiwan Tech Arena (TTA), which operates under the island’s Ministry of Science and Technology.
Under the partnership, the two organizations will host TTA Accelerator by 500 Startups, an eight-week program that aims to strengthen the startup ecosystem in Taiwan.
Photo credit: 500 Startups
The VC firm will host a series of workshops and shortlist 20 growth-stage startups to join the accelerator program. The participants will get access to 500 Startups’ global network of mentors, founders, and industry stakeholders.
The program will focus on both international startups eyeing the Taiwan market and homegrown startups with overseas ambitions, according to Tony Wang, managing partner of 500 Startups.
“Given 500 Startups’ experience building technology ecosystems around the world, we will develop an accelerator program specifically designed to help local startups think and go global, and also to bring some of the world’s most innovative startups here to foster collaborative innovations that can create global impact,” Wang said in a statement.
TTA and 500 Startups also announced that applications for the program will begin on July 15.
Editing by Collin Furtado and Eileen C. Ang
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