US multinational
Oracle has announced the expansion of its Startup Cloud Accelerator Program. With headquarters in San Mateo, California, United States, Oracle offers a range of solutions including database and ‘Big Data’ options alongside applications for areas such as supply chain management. The company was in the news in November of last year for its $9.3 billion acquisition of NetSuite. The expansion of the program means that Oracle mentorship will now reach “seven new hubs across Asia, Europe, Latin America and the Middle East”.
Oracle is opening new program centers in Bristol, United Kingdom, Delhi–NCR and Mumbai, India, Paris, France, São Paulo,Brazil, Tel Aviv, Israel and Singapore. Startups brought into Oracle’s program receive six months of support from “technical and business experts” alongside support with the technology they require. Startups also receive a co-working space and “access to Oracle customers, partners and investors”. The program is available to early-stage “technology and technology-enabled startups” and a call for applications into the program will be made later this year.
"After a successful launch in Bangalore, India, we're committed to building a supportive ecosystem for startups across the globe," explained the President of Product Development at Oracle, Thomas Kurian. "Cloud is enabling incredible innovations across every aspect of business and across every industry. We want to support this next technology revolution powered by cloud."
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