Corporate accelerator RISE has expanded into Singapore while Thomson Reuters has rolled out its tech innovation programme for startups in the Asia Pacific.
Corporate Accelerator RISE expands into Singapore
Corporate accelerator RISE has expanded into Singapore with support from government agency Enterprise Singapore, The Straitstimes reported.
RISE will support Singaporean startups seeking to enter Thailand’s innovation ecosystem and collaborate with local partners to develop solutions that target market needs.
The accelerator connects Singaporean startups with a network of over 200 corporate and governmental agencies worldwide, to launch them into a wider international arena.
The first official collaboration of RISE and Enterprise Singapore is “RISE.AI”, Southeast Asia’s first corporate AI Accelerator program that will bring in 30 AI startups from all over the world to the region. Startups will work intensively with the top corporates in Southeast Asia for nine weeks.
RISE.AI will focus on delivering tangible business results to the corporates rather than incubating early-stage startups. For the Singapore leg, lasting three months from July to September, 10 startups will fly to the city-state to work on the pilot programme.
“The partnership will not only fuel our international growth into Singapore but also unite South-east Asia as the fastest Internet economy by attracting the best talents to come back and help push forward our region together,” said RISE CEO and founder Kid Parchariyanon.
Thomson Reuters rolls out tech programme for APAC startups
Global information provider Thomson Reuters has launched the technology innovation programme for startups in the legal and regulatory advisory industry across the Asia Pacific, the company said on its website.
The program, TR Ignite, is created in partnership with the Singapore Academy Law and TechLaw Fest, an annual startup event focusing on law and tech industry. TR Ignite is aimed to offer designated solutions to solve business and workflow that lawyers have been facing.
The selected startups can get access to Thomson’s partner resources, global customer footprint, Innovation Lab mentorship, and Thomson Reuters technology and data.
Qualified startups will also able to pitch their business at TechLaw Fest in September, and may stand to win $250,000 worth of investment. The winner will also join Singapore’s Academy of Law’s GLIDE, Asia’s first legal tech accelerator. TR Ignite’s submissions will be open until August 17.