This year has stirred Hong Kong into an accelerator-launching frenzy as many corporates seize the opportunity to enter the tech investment space.
Besides Accenture’s ‘FinTech Innovation Lab’ launching back in June, Swire Properties’ ‘blueprint’ for B2B startups has also arrived on the scene. And now? Pan-Asian life insurance group AIA teams up with investment incubator Nest to create a new accelerator program for wearable tech and healthcare startups.
The 12-week program, which is ‘no strings attached’ and free to startups, will bring on eight companies where they’ll be supported through their business growth and development journey.
“Entrepreneurs often try to develop solutions to problems that are most relevant to their daily lives,” said Simon Squibb – CEO of Nest Investments. “Since healthcare and lifestyle are big on the priority list for people in Asia, we believe startups in this region are particularly well-placed to disrupt the future of industries like healthcare and insurance.”