21 Jun '12, 4am

@SingTelInnov8 and @Optus launch new seed program for Australian startups

SingTel Innov8 and Optus launch new seed program for Australian startups June 21, 2012 by Terence LEE SingTel Innov8 , the venture capital arm of SingTel, has joined forces with Australian telco Optus to start an Australian Seed Program to take young digital startups to the next stage and help them expand into Asia. This Optus-Innov8 Seed Program will provide Australian startups with seed funding, mentoring, networking and co-working spaces. It will invest up to A$250,000 per startup. Optus, a wholly-owned subsidiary of SingTel, is also partnering with Fishburners in Sydney and York Butter Factory in Melbourne to provide the co-working spaces, which will hold regular events to connect budding entrepreneurs with industry experts and potential investors. The program seeks early stage startups with innovative or disruptive digital solutions, either in proof of concept or adva...

Full article: http://sgentrepreneurs.com/singapore-entrepreneurs/2012/0...

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