CLAS - Expara Vietnam Accelerator Batch 2 kicks-off

CLAS Expara Vietnam Accelerator (CEVA), a programme drive for the growth of the enterprise ecosystem, is run by Microsoft Vietnam; Expara – South East Asia's leading venture accelerator; and CLAS [Customer Loyalty and Acquisition Services Co. Ltd.] – a startup company of SHTP Microsoft Innovation Centre – a hi-tech software service company to make use of the internet and mobile technology whose software can be custom-tailored to businesses’ marketing needs.

CEVA remarkably made a huge impact to the startup community right at the beginning of the programme while reaching its goal in providing useful resources, business model plans and funding for startups.

CEVA graduated seven startups in its first batch including MimosaTek, MegaNet, UBET, IMAS, HomeFinder, Cloudjet Solutions and CLAS Healthcare. One company has already raised venture capital funding, one has received a term sheet from Expara Ventures III (EV3) with two more currently under review by the EV3 investment committee.

According to the memorandum of understanding (MOU) signed between Microsoft Vietnam and Danang Startup Network Coordinating Council in April 2016, CEVA will officially open in the city of Danang.

Therefore, the programme will run simultaneously in the two cities - another first-of-its kind in Vietnam to grow the enterprise ecosystem domestically.

To support startups in developing competitive advantages, CEVA will be conducted in five months with variety of useful sources from Microsoft, CLAS and Expara, it would surely be a strong sustainable programme for any startup.

In addition, the programme will also provide online portal and online learning which would be intentionally provided to startups and million Vietnamese youths during the transformation of information technology in the future.

Applications are now open until June 2, 2016 at fundacity.com/clas-expara-vietnam-accelerator/apply/865.