“Huawei Spark is designed to help early-stage start-ups in the pre-seed and seed stages to become the next scale-ups. It provides a structured programme to coach start-ups, which includes mentorship, training resources as well as financial, technical and go-to-market support,” says Leo Jiang, chief digital officer of Huawei Cloud Apac and founder of the Spark programme. He was speaking at a media briefing on the sidelines of an industry summit in Shanghai recently.
Asia Pacific is a compelling region for start-ups as it houses a large population of young, digital natives. The varying levels of development of countries in the region also present opportunities for the adoption of new technologies and business models.
However, Asia Pacific’s diversity and fragmentation – especially in terms of culture, business norms and laws – make it challenging to enter and navigate the different markets. This is why start-ups like HeyHi, DaoCloud and SafeTruck find incubator and accelerator programmes, such as Huawei Spark, crucial to their business growth.
