Oracle to provide mentorship, cloud services and support to startups in seven new hubs across Asia, Europe, Latin America and the Middle East
Oracle announced the expansion of its Startup Cloud Accelerator program. The initiative will continue to fuel cloud-enabled innovation around the globe by opening new centers in Bristol, Delhi–NCR, Mumbai, Paris, Sao Paulo, Singapore and Tel Aviv.
Run by members of the Oracle research and development team, the program provides six months of mentoring from technical and business experts, state-of-the-art technology, a co-working space, access to Oracle customers, partners and investors, and free Oracle Cloud credits. It also offers an ever-expanding global network of startup peers.
Rooted in its own entrepreneurial beginnings, Oracle believes that supporting invention and entrepreneurism among emerging companies is critical in furthering enterprise tech innovation.
“After a successful launch in Bangalore, India, we’re committed to building a supportive ecosystem for startups across the globe,” said Thomas Kurian, Oracle’s president of product development. “Cloud is enabling incredible innovations across every aspect of business and across every industry. We want to support this next technology revolution powered by cloud.”
“The Oracle Startup Cloud Accelerator has been—without a doubt—the greatest launch pad for us,” said Aardra Kannan Ambili, co-founder and CTO of healthcare IoT startup Riot Solutions, a participant in the pilot program. “Thanks to Oracle, we are now a fast-growing startup with seed investment.”
Oracle Senior Vice President of Product Development Reggie Bradford, a serial entrepreneur himself, will lead the program expansion alongside Oracle Group Vice President of Development Sanket Atal, who first launched the pilot program in India.
“The next five to ten years promise innovations and growth that will drive new business ideas enabled by the cloud,” said Bradford. “Oracle understands that startups are at the heart of innovation, and through this program we aim to give startups access to extensive resources and support when they need it most.”
“Driven by Digital India and an increased spotlight on technology, India has become the bedrock of startup innovation. We believe that Cloud is an equalizer and can offer unparalleled opportunities to growing companies. With Oracle having been a startup itself, more than 30 years ago, we are uniquely equipped to support these young companies to bring new ideas to the market and help improve their business models in the cut-throat startup ecosystem. With a goal to push more startups towards success, we have today expanded the Oracle Startup Cloud Accelerator program to New Delhi and Mumbai in addition to five other cities globally. The program debuted in India, in Bangalore in April last year.” said Sanket Atal, Group Vice President – Development, Oracle India.
The Oracle Startup Cloud Accelerator is open to early-stage technology and technology-enabled startups. The call for applications will open later in 2017 in each of the seven new hubs. Interested startups can sign up to receive more information at www.oracle.com/startup
