Huawei expands accelerator initiative to more APAC countries

Huawei expands accelerator initiative to more APAC countries
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Huawei sees SMEs, which account for 97% of all businesses in Asia, as the backbone of the regional economy.

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Huawei announced that its Spark accelerator programme will be expanded to Indonesia, Sri Lanka, and the Philippines to support the growth of new startup hubs, with an aim to onboard a total of 1,000 startups to promote socioeconomic regeneration and growth.

Launched in 2020, the Spark accelerator program in Singapore, Hong Kong, and Malaysia aims to propel startups to scale-ups, regarded as the future growth engine for economies. 

Eric Xu, Rotating Chairman, Huawei regards high-growth startups as key partners through which the company can build more robust ecosystems to digitally and sustainably transform businesses in a more connected world.

“As part of our efforts to support SMEs and to develop the ecosystem around Huawei Cloud across the Asia Pacific, we have started the Spark accelerator program. Under this program, we will invest $100 million over the next three years to help SMEs in the Asia Pacific migrate to and grow with Huawei Cloud. Through this, we will establish a thriving Huawei Cloud ecosystem,” he said.

Huawei claims that its cloud platform has since amassed 2.3 million developers, 14,000 consulting partners, 6,000 technical partners, and released 4,500 marketplace products in 27 regions across more than 170 countries. 

In addition to the Spark accelerator program, Huawei will also support startups through the Spark Developer Programme to nurture a developer ecosystem powered by Huawei Cloud; Spark Pitstop Programme to support and accelerate product development; and Spark Innovation Programme (SIP), focused on facilitating enterprise innovation.

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© iTnews Asia
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