Huawei to invest $100 m in Asia Pacific startups | Page 2 | Sunday Observer

Huawei to invest $100 m in Asia Pacific startups

15 August, 2021

Huawei recorded its plans to invest US $ 100 million in startup support at the inaugural Huawei Cloud Spark Founders Summit, which took place simultaneously in Singapore and Hong Kong.

Huawei said the investment would go towards its Spark Program in the Asia Pacific region, which aims to build a sustainable startup ecosystem for the region over the next three years. Huawei has been helping Singapore, Hong Kong, Malaysia, and Thailand build their startup hubs. Huawei also launched its Cloud-plus-Cloud Collaboration and Joint Innovation Program at the summit.

Three additional initiatives under the Asia Pacific Spark Program were launched by Huawei at the event: The Spark Developer Program, which aims to nurture a developer ecosystem powered by Huawei Cloud in the Asia Pacific region; the Spark Pitstop Program, designed to onboard and support startups on Huawei Cloud to accelerate product development; and the Spark Innovation Program (SIP), focused on facilitating enterprise innovation through the Spark startup ecosystem.

CEO of Huawei’s Cloud Business Unit, Zhang Ping’an said, “In 2021, our plan is to support 200 startups in the HMS ecosystem, and share our network of channel resources with developers worldwide who together serve one billion Huawei device users.

In addition, we will open an HMS Developer Innovation Center to support 100,000 HMS cloud-native developers,” he said.

Huawei rounded off the series of announcements with a plan to build an HMS Developer Innovation Centre.

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