Oracle Launches Startup Cloud Accelerator

At the Oracle Cloud World, Oracle has announced that its first incubation center will be launched in India.

Called the ‘Oracle Startup Cloud Accelerator’, the center  will open in Bangalore on April 8, 2016 and will be inaugurated by Oracle’s President of Product Development Thomas Kurian. Several more centers are slated to launch later in Chennai, Gurgaon, Hyderabad, Mumbai, Noida, Pune, Trivandrum and Vijayawada. Oracle’s Sanket  Atal, Group Vice President of Development, will be leading the initiative.

Oracle Startup Cloud Accelerator is a first-of-its-kind global startup accelerator initiative by Oracle. Oracle India will lead the initiative for the company. With Oracle Startup Cloud Accelerator, Oracle aims to help speed up a startup’s development through a combination of technical and business mentoring. The initiative targets midsize firms, including MSMEs (micro, small, medium sized enterprises) and startups, which are recognised as a highly vibrant and dynamic sector of the Indian economy that contributes more than 37 percent to India’s GDP.

In order to help startups have a better chance of succeeding, Oracle Startup Cloud Accelerator will provide them with the following:

    Structured mentoring

    State-of-the-art technology

    Co-working space

    Access to Oracle customers and partners

    Access to investors

    Free credits on Oracle Cloud

12-Apr-2016 07:46:09