Following its Australian launch last year, Alibaba’s Cloud computing division is bringing its global start-up competition to Australia.
Haymarket HQ, an Australian start-up hub with a focus on Asia, has partnered with Alibaba Cloud to bring the Create@Alibaba Cloud start-up contest to the region.
“We see a growing trend in the ANZ region of start-ups looking to engage with Asian markets. By partnering with Alibaba Cloud, one of the largest cloud providers in the Asia Pacific region and globally, we are helping start-ups across the region explore new opportunities,” said Duco van Breemen, General Manager of Haymarket HQ.
Start-ups have until August 31 to submit their application and the competition will take place at Haymarket HQ on September 22, 2017.
The ANZ winner will receive up to US$50,000 credit for cloud product resources and a round-trip ticket to the global final in Shanghai, China.
The 2017 CACSC Final takes place on 13th October where the participants will have networking and one-on-one communications opportunities with Alibaba Group’s strategic fund and Alibaba-related investment funds.
The partnership will leverage the support of Haymarket HQ’s co-working space, network of mentors and investors, as well as Alibaba Cloud’s cloud computing expertise and technology ecosystem.
“We are pleased to work with Haymarket HQ and expand the Create@Alibaba Cloud program to the ANZ region this year,” said Raymond Ma, head of ASEAN & ANZ at Alibaba Cloud.
“Alibaba Cloud celebrates the innovations of start-ups in these markets and is committed to providing technologies that stimulate growth.”
Ma said the judges will evaluate the start-ups on the competitiveness of their solutions and their market potential.
“The background of the team and founder as well as how the companies present their solutions during the pitch will also weigh in,” Ma said.
“The criteria are based on a comprehensive evaluation of the startups’ potential to be the drivers of change for the next generation.”