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Guess what, folks? The frog is back today!
JFDI, aka that froggy incubator we all know and love from Singapore, is back today with its newest accelerator program. That means, if you’re a startup, and you want some early-stage acceleration for your startup, you better start applying now. It all starts in August. Of course, the program will be held in Singapore, where startups will attend seminars and workshops that will train and coach them through the early stages of building their product and company. On top of the training and program, every team gets a nice bit of seed money of $11,700 net cash.
So far, 280 teams have already pre-registered to get into the 12 places available for the 100-day program. In June this year, JFDI unveiled seven of its startups that graduated from its 100-day program – aka the Spring batch of startups. And among those seven, JFDI already scored some successes with Collabspot. According to Hugh Mason, co-founder and CEO at JFDI:
Historically, more than 60 percent of JFDI.Asia startups secure investment during, or shortly after the end of the accelerator program, on average raising more than $510,000 per company. We achieve that result for two reasons: first because we recruit the very best teams, irrespective of nationality, and second because we offer an intense, collaborative experience working alongside other great teams and mentors who have personally built and sold internet businesses of their own.
So if you’re a tech startup based in Asia, it’s a good chance for you to apply and get into a healthy ecosystem of startups and be part of JFDI’s Fall batch. And even if you don’t get in, JFDI is happy to give you free feedback on your ideas and team, which are delivered on JFDI’s signature “Frog Score” infographic. Some of my friends have showed me their scores, and they said it was enlightening for them to see how they measured up to startups in the region.
If you’re really eager to apply, click on the link here, and also, you might want to see our article on how JFDI operates before you start pitching.
(Editing by Steven Millward)
