Launched in 2015, OVHcloud’s Startup Program has already supported more than 1,800 young companies around the world including ZipPNG, SmartHub.ai and Compressor.io in the Asia Pacific region through an investment of more than SGD 9.6 million in infrastructure credits and development support.
To mark the start of the new fiscal year, OVHcloud is reaffirming its commitment to supporting young companies that put the Cloud at the heart of their business model.
“We believe that startups are a bridge to the future. They embody innovation and, because digital technology is increasingly pervasive in society, will be the major source of jobs. The mission of OVHcloud’s Startup program is to support this innovation and contribute to economic dynamism by helping young and daring companies to develop in an ecosystem of trust,” explains Michel Paulin, CEO of OVHcloud.
Dedicated support for startups and scaleups
In order to support startups and scaleups – which put the cloud at the heart of their business model in their development, OVHcloud has designed a 12-month program adapted to the needs of each category:
- A grant of up to SGD 16,000 to be used on OVHcloud products for startups and up to SGD 160,000 for scaleups
- Personalised support from 6 hours for startups and up to 20 hours for scaleups
- A dedicated community space to exploit the potential of the OVHcloud ecosystem
- Access to the Open Trusted Cloud; from the 1st day for scaleups and at the end of the 12-month program for startups
- Opportunities for exposure through joint communications with OVHcloud, booths at international trade shows, speaking opportunities during OVHcloud events, workshops and conferences dedicated to startups (online and offline) as well as joint use cases published on the OVHcloud website
- Startups with the fastest developments can also upgrade to the level of support dedicated to scaleups during the program
“Today, nearly 90% of startups disappear in less than 3 years. Meeting needs and having strong growth potential are not enough to ensure their sustainability. It is necessary to have reached a certain level of maturity, have a solid infrastructure and know how to surround oneself with trusted partners in order to develop fully,” says Malgorzata Ratajska-Grandin, Director of OVHcloud’s Startup Program, who plans to support up to 500 startups over the next 12 months.
“Our objective is to support each startup at its own pace and according to its needs, so that as many of them as possible can take off and potentially become the next unicorn.”
To this end, the Startup Program team is expanding on a global scale: they have recently strengthened their teams with international experts dedicated to supporting start-ups and will soon be present in the United States.