27 Dec '12, 9am

In 2012, startup accelerators rise in Asia, but will venture funding catch up?

In 2012, startup accelerators rise in Asia, but will venture funding catch up?

In 2012, startup accelerators rise in Asia, but will venture funding catch up? December 27, 2012 by Terence LEE JFDI.Asia held its first bootcamp in Asia. The question remains whether it and Asia's other startup accelerators can keep the momentum going. Asia has become a much friendlier place to do a startup. That’s because throughout the region, more startup accelerators have been launched to provide aspiring entrepreneurs some handholding as they search for the next big idea. In 2012 alone, at least 4 startup accelerators have begun their inaugural bootcamps. Singapore’s JFDI.Asia held a successful one from January to May, while South Korea’s SparkLabs unveiled their first batch of startups in August. Philippines’ Launchgarage and Hong Kong’s AcceleratorHK too have started their programs. A startup accelerator, essentially, is a type of seed startup funding (see: stages ...

Full article: http://sgentrepreneurs.com/2012/12/27/in-2012-startup-acc...

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