Startups
It also expanded its residential startup program expands to North America with Austin, Texas.
  • Wednesday, February 14, 2018 - 14:14
Image source: Peter Kaminski via Flickr

In an effort to support the growing startup community, Cloud major Oracle on Wednesday announced to expand its global startup ecosystem.

The expansion includes the launch of a new virtual-style, non-residential global programme titled "Oracle Scaleup Ecosystem", the company said in a statement.

“In 2017, we launched eight residential programs ahead of schedule and attracted almost 4,000 global startups for only 40 program slots—a clear indication of the tremendous demand. Oracle Scaleup Ecosystem is a new global program that allows us to reach more innovators and entrepreneurs, regardless of location, including later-stage scaleup companies who need access to Oracle Cloud solutions and resources without the hands-on offerings our residential program provides. We’re building an ecosystem that enables tangible business value, customer growth and revenue—for the startups, our customers and Oracle,” said Reggie Bradford, Oracle senior vice president, Startup Ecosystem and Accelerator.

"Oracle Scaleup Ecosystem" is designed for startups and venture capital and private equity portfolio companies to enable hyper-growth and scale.

The programme offers mentoring, R and D support, marketing/sales enablement, migration assistance, cloud credits and discounts and access to Oracle's customer and product ecosystems.

"Oracle Scaleup Ecosystem is a new global programme that allows us to reach more innovators and entrepreneurs, regardless of location, including later-stage scale-up companies who need access to Oracle Cloud solutions and resources," Bradford added.

Industry veteran and Amazon Web Services (AWS) alum Jason Williamson will lead the "Oracle Scaleup Ecosystem" programme.

"Oracle's Scaleup programme is aptly timed for the emerging ecosystem of enterprise software and SaaS vendors," said Sunil Rao, Partner, Business Services, Lightspeed India Partners.

The company also added Austin to the residential "Oracle Startup Cloud Accelerator" programme.

With this, "Oracle Startup Cloud Accelerator" now has nine locations worldwide -- Austin, Bengaluru, Bristol, Mumbai, Delhi, Paris, Sao Paulo, Singapore and Tel Aviv.