At the Huawei Cloud Spark Summit, the Chinese tech giant announced a 100 million USD startup support plan for the Aisa Pacific region. The company selects four countries including Indonesia, the Philippines, Shri Lanka, and Vietnam to develop the startup hub. Furthermore, this plan target to support about 1,000 startups from these countries.
Catherine Chen, Senior Vice President and Board Member of Huawei informed that Huawei itself a startup with a registered capital of 5,00 dollars. So the company is thinking to help other companies with their experience and jointly developing more innovative products and solutions for the world.
Huawei Cloud History:
Huawei Cloud has been launched in 2017 and now became the world’s fastest-growing cloud service. The Spark program is one part of its strategy to drive various startups. Moving ahead, the company is working with local authorities, commanding incubators, famous VC (Virtual Circuit) firms, and top universities to provide them regional support in the startup.
To date, an estimate of 40 startups has joined the Huawei program. In this line, Huawei also launched the cloud-plus-cloud program to build a high-quality business ecosystem. Furthermore, the new program has a budget of about 40 million USD that will jointly sponsor by the Huawei Cloud and HMS (Huawei Mobile Service).
The company aims to support about 200 startups in 2021 in shared resources with the HMS ecosystem. Adding to this, 100,000 HMS developer innovation centers are also planned to empower the HMS cloud-native developers.
Huawei Cloud and Spark Program:
- Huawei Cloud-Plus-Cloud Collaboration: It works to build up to cloud startups across the globe. Besides, the company will put more effort into the ongoing programs covering technological innovation, global and local services, and business ecosystems.
- Spark Developer Program: This program is part of the Asia Pacific Spark Program aims to empower the cloud developing ecosystem across the Aisa Pacific region.
- The Spark Pitstop Program: It is designed to support the Huawei Cloud startups and speeds up the development of cloud-based products.
- Spark Innovation Program: The SIP is focused on bringing new innovations through the Spark startup ecosystem.
At last the Huawei President for Asia Pacific Region- Jeffery Liu speaks about the work of the company and concluded by announcing the Huawei startup support plan with a 100 million USD investment for the coming three years.
“For the past two decades, we have remained committed to being ‘In Asia Pacific, For Asia Pacific’ Leveraging Huawei’s global customer base and full-stack technologies, the Spark Program will invest more than US$100 million over the next three years.
And provide comprehensive support to the establishment of a sustainable startup ecosystem that creates new value for this dynamic region.” said President Liu