A 100-day startup accelerator program called East Ventures Alpha will open for registration in August 2011. The first run will last from September to November in South Jakarta, Indonesia, although this initiative is not just restricted to startups from that area.
The program was announced by East Ventures, a Singapore and Indonesia based venture capital firm, and will operate from the East Ventures Tech Center. The program will assist potential founders with office space, hardware, infrastucture and funding while they work full-time at the incubation space. Mentors from Indonesia, Singapore, Japan, and USA will also provide their guidance as the participants work towards a finale Demo Day.
“With this program, we hope that there will be more and more entrepreneur in the Internet scene from Indonesia,” says co-founder of East Ventures, Batara Eto. The deadline for application submission is August 20.
Earlier this year, East Ventures had invested in Indonesian daily deals site Disdus, which was later acquired by Groupon in their march to Asia. They have also funded Asian tech blog Penn Olson.
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