On 24th January 2017, Oracle announced the expansion of its Start-up Cloud Accelerator program. The initiative will continue to fuel cloud-enabled innovation around the globe by opening new centres in Bristol, Delhi, Mumbai, Paris, Sao Paulo, Singapore and Tel Aviv.
Run by members of the Oracle research and development team, the program provides six months of mentoring from technical and business experts, state-of-the-art technology, a co-working space, access to Oracle customers, partners and investors, and free Oracle Cloud credits. It also offers an ever-expanding global network of start-up peers.
Rooted in its own entrepreneurial beginnings, Oracle believes that supporting invention and entrepreneurism among emerging companies is critical in furthering enterprise tech innovation.
The program, which began its Bangalore pilot in April 2016, will launch in UK in 2017. Oracle will base its UK accelerator at Engine Shed in Bristol. It will work with organizations and institutions, such as the University of Bristol, its award-winning SETsquared business incubator and Invest Bristol and Bath, to drive innovation and reimagine how enterprises help start-ups grow and contribute to the UK and global economies.
“Bristol has one of the most vibrant and exciting start-up ecosystems around today,” said Dermot O’Kelly, senior vice president, Oracle UK and Ireland. “We will be working as part of this buoyant community to support local start-ups and nurture new waves of development and talent here in the UK, and ensure we continue to build upon the heritage we have in leading global innovation.”
Oracle Senior Vice President of Product Development Reggie Bradford, a serial entrepreneur himself, will lead the program expansion.
“The next five to ten years promise innovations and growth that will drive new business ideas enabled by the cloud,” said Bradford. “Oracle understands that start-ups are at the heart of innovation, and through this program we aim to give start-ups access to extensive resources and support when they need it most.”
The Oracle Start-up Cloud Accelerator is open to early-stage technology and technology-enabled start-ups. The call for applications will open later in 2017. Interested start-ups can sign up to receive more information at www.oracle.com/startup.