Global MNC Oracle is inviting applications from technology startups for the next cohort (2018) of its accelerator program — Oracle Startup Cloud Accelerator — a residential program. The next-gen initiative is focused on helping enterprises and startups reimagine innovation and accelerate growth through partnerships and associations with the best in the ecosystem.
Led by Oracle SVP Reggie Bradford, a three-time successful entrepreneur, Oracle Startup Cloud Accelerator opened its doors in India’s Silicon Valley, Bengaluru, in April 2016. In this short span, the program has launched 9 centres across the globe, the latest being in Austin.
“Having started three companies without ever associating myself with an incubator or accelerator, I take it as a challenge to build a global program—an ecosystem, really—that I would find valuable if I were leading a startup today. We’re building an ecosystem that enables tangible business value, customer growth and revenue—for the startups, our customers and Oracle,” said Bradford.
Oracle has been revolutionising the approach to cloud technology with its three-layers — SaaS, platform, and infrastructure. The Oracle Startup Cloud Accelerator is aimed at providing startups with the requisite access to technology, a go-to-market strategy, a pool of investors, a coworking space, and more.
The biggest benefit for the startups selected to the cohort is that Oracle does not take any equity but offers free cloud credits apart from world-class mentorship and customised curriculum.
The program, which is led by the research and development team of Oracle, gives startups access to a global community of more than 430,000 customers, which helps the enterprises in co-innovation and co-development. The accelerator program thus, in essence, helps startups connect the three dots of the cone of success: scale, revenue, and mentoring.
Who Can Apply?
Technology companies with proven traction and potential to make an impact
- Companies targeting a large addressable market
- Companies with a defined yet malleable product roadmap
- Founding teams that have been working together for at least six months
The current cohort of the Oracle Startup Cloud Accelerator Program closes applications on June 7 for Bengaluru, June 14 for New Delhi, June 21 for Mumbai, and June 28 for Singapore.