Huawei has teamed up with the National University of Singapore (NUS) to launch its first IoT-focused accelerator in Singapore.
The vendor will work with NUS’ entrepreneurial arm NUS Enterprise to provide start-ups with mentorship, access to investors, access to industry-grade test beds, and global co-marketing opportunities.
Known as i5Lab, the accelerator seeks to support the development of Singapore’s next unicorn company by nurturing promising start-ups with Huawei’s real network environment and open platform as well as its global Go-to-Market channel capability.
Huawei said i5Lab will follow the model of established Huawei collaborations with leading software and industry partners to develop solutions that will build a competitive industry ecosystem.
As a global leading ICT player in 170 countries, Huawei works with 45 of the world’s top 50 telecommunications providers that provides connection to two-thirds of the world’s population.
Start-ups will be able to leverage Huawei’s global partner ecosystem, and will also be invited to participate in joint marketing through Huawei’s Customer Solution Innovation & Integration Experience Center (CSIC), and large-scale events such as NUS Enterprise’s flagship event InnovFest unbound and CommunicAsia.
“With one of the most connected societies, open data sets and high-skilled ready talent, Singapore is an excellent test bed to nurture IoT ideas that will bring us closer to a smarter future. We hope that start-ups will make full use of this collaborative platform and leverage on accumulated knowledge of industry-leading technology and expertise from Huawei and our global partners,” Huawei CMO for Southern Pacific Lim Chee Siong said.