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11/17/11 | Uncategorized

JFDI–Innov8 2012 Bootcamp To Spawn Scalable Startups In Asia

By Meng Weng Wong (Co-Founder & Social Engineer, JFDI.Asia)
The JFDI–Innov8 2012 Bootcamp is just two months away! We expect 10 to 15 teams to start in January’s batch. We’ve already recruited Startup Weekend winners from around the region, from Manila, Melbourne, Delhi, and Singapore.

JFDI’s mission is to spawn scalable startups in Asia, for Asia. We are interested in solving problems that matter to people in Asia. Companies like Mig33 and Viki are good examples of the kind of businesses we would like to create.

Each team will receive S$15,000 in investment and intensive mentoring along the lines of TechStars and Y Combinator. Over the course of 3 months they grow according to Lean Startup principles, building toward an investment of $500,000 to $1,000,000 on Demo Day in early May.

We’re now accepting applications from around the world so if your startup would like to spend three months in Singapore, working shoulder-to-shoulder with other passionate, talented geeks, apply soon here -– the deadline is just weeks away!

We prefer startup teams who haven’t already received external financing. Pre-revenue and pre-prototype is fine by us. But if you’re already on your way, and think you would benefit from mentoring and access to investors, we’d still be happy to talk!

About the guest blogger: Meng Weng Wong co-founded Pobox and Karmasphere and co-authored RFC4408. Now based in Singapore, Meng is an active angel investor and co-founder of the JFDI seed accelerator, a member of the TechStars Network. JFDI’s strength is diversity: entrepreneurs come from over a dozen countries, and about half its startups are led by female founders. Follow him on Twitter at @mengwong.

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