Startup accelerators are still somewhat rare in the Asia Pacific region, and accelerators for startups that sell to businesses are even more rare.
Venturetec, which launched last month in Hong Kong, aims to fill that gap.
Founded by an Australian IT executive and consultant, Trey Zagante, and backed by corporations that are as yet unnamed, Venturetec plans to provide eight to 12 startups with a year of support rather than the traditional three to six months that many other accelerators provide.
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