During its annual summit on June 8, 2021, Alibaba Cloud announced its new Project AsiaForward initiative to bring digital transformation to enterprises in Asia and nurture fresh talent. Alibaba Cloud also shared its plans to invest USD 1 billion across six Southeast Asian markets, Hong Kong, and Taiwan, within the next three years.
As part of Project AsiaForward, Alibaba Cloud will launch the Global Startup Accelerator with KrASIA. A series of Demo Days will be held, presenting startups the chance to be selected for the program and become part of Alibaba Cloud’s global ecosystem.
The Alibaba Cloud x KrASIA Global Startup Accelerator brings together new technologists, venture capitalists, and other ecosystem players across Asia to identify startups that are compatible with Alibaba’s ecosystem.
Alibaba Cloud welcomes startups from any country, industry, and operating at any stage.
Startups that join Demo Day stand to win the following prizes:
- USD 60,000 in Alibaba Cloud credit
- 1-on-1 technical support for setup and migration
- Connections to top VCs in Southeast Asia and China
- Opportunities to work with Fortune 500 companies in Alibaba’s ecosystem
- Published profiles in English and Chinese by KrASIA and 36Kr Global
Upon successful registration, startups will also receive USD 3,000 in Alibaba Cloud credit.
Registrations for the inaugural Demo Day are now open—from 16 August to 1 September 2021. Finalists will be notified on 6 September for the Demo Day on 10 September at 1-3pm (GMT+8).
Here’s what you need to provide for registration:
- Your startup’s name
- Main point of contact’s details: full name, mobile number, business email address
- PDF of your corporate deck
The selection process begins after you’ve successfully registered. The judges include representatives of Alibaba Cloud, venture capitalists, and research experts from 36Kr Global. They will consider the company’s corporate deck when selecting startups for Demo Day. The full selection criteria is available on the program’s official website.
Click here to learn more and register for the Alibaba Cloud x KrASIA Global Startup Accelerator Demo Day.