TOKYO, Feb. 1, 2018 /PRNewswire/ -- Plug and Play Japan K.K (Tokyo, Japan) is announcing Mobility as a new genre for its startup accelerator program in addition to Fintech, IoT, Insurtech for the Batch 1 program. This new Mobility program is being launched in partnership with Nissan Motor Co., Ltd. as a leading partner. From February 1st, startups from around the globe can apply for this Batch 1 program in Japan.
Plug and Play is a Silicon Valley based venture fund, innovation platform and startup accelerator. Since inception in 2006, Plug and Play has invested and supported many startups all over the world. In fiscal year 2017 alone, Plug and Play supported 460 startups and invested in 264 startups. Plug and Play has expanded to 12 countries in 26 locations. The Japan office was launched in July 2017, supporting 21 selected startups in Fintech, IoT, Insurtech areas with companies from Japan, Belgium, Israel and US. There are currently 10 Corporate Partners and Nissan will be a new leading partner for the new Mobility program.
Batch 1 Program Overview:
Startups from Japan and other countries are welcomed to apply. This program will be focused on startups in Fintech, IoT, Insurtech and Mobility areas. Application can be submitted through Plug and Play Japan's official website from February 1, 2018 to March 31, 2018. Total of roughly 40 competitive startups will be selected for the three month accelerator program.
Accepted startups can receive feedback and support from our Corporate Partners to strengthen their existing service. Upon discussion, startups can have access to corporate resources to explore partnership opportunities. For international expansion, Plug and Play will enable startups to access global market through its international office network. Plug and Play can provide mentorship and pitch opportunities at Silicon Valley and in other locations. All accepted startups will have access to a co-working office in Tokyo, Japan "Plug and Play Shibuya powered by Tokyu Land Corporation" during this program period.
Application Period: February 1, 2018 to March 31, 2018
Program Orientation: June 6th, 2018
Minimum Requirements to join:
- This startup must be in one of the following areas of Fintech, IoT, Insurtech, and Mobility. They must be interested in Corporate Partnership.
- An existing team and company that is also ready to raise funds.
- Startup interested in global and international expansion.
Regarding Background and current startup ecosystem in Japan:
Japan is one of the economic leaders across the globe, but startup ecosystem in Japan is still behind other countries. The Japanese unique business culture can be strengthened with innovation and startup culture. Plug and Play Japan will build the core ecosystem with the power of startups and corporate innovation.
About Plug and Play Japan:
Representative: Phillip Seiji Vincent, Managing Director, Plug and Play Japan
Established: July 2017
Location: Shibuya Dogenzaka Tokyu Building 1F, 1-10-8 Dogenzaka, Shibuya-ku, Tokyo, Japan
SOURCE Plug and Play