TOKYO — The U.S. startup investor Techstars is banking on Japan becoming the go-to destination for startups across Asia, according to the company’s CEO. In an interview with Nikkei Asia, the CEO revealed plans for a three-month program in Tokyo this summer. The initiative aims to provide mentorship for 12 selected startups on their business models and pitches. Additionally, Techstars will offer favorable rates for the use of Amazon’s cloud service and up to $120,000 in funding in exchange for a stake in the startups. This move signifies Techstars’ confidence in Japan’s potential as a hub for accelerating startup growth in the region.
Techstars Launches Tokyo Startup Program, Offering $120,000 Investment – Nikkei Asia, Japan
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