HTC Corporation (TWSE: 2498), a global innovator in smart mobile devices and technology, is launching a global accelerator program targeted at startups operating in the virtual reality (VR) space.
With a $100m fund, Vive X intends to grow the global VR ecosystem by supporting startups and providing them with expertise, access to advanced VR technology, financial investment, mentorship and go-to-market support.
The program offers participating startups the opportunity to be based in Starting in three cities Beijing, Taipei and San Francisco for an initial growth period, during which they will have access to funding, VR know-how, hands-on coaching, and office space. They will also be invited to demo days, where investors will be in attendance, and to the company’s offices for training with development studios and to meet members of the Vive engineering and management teams.
Vive X will pilot in May 2016 in Beijing, when startups that are creating content, tools, applications and accessories that enrich the VR ecosystem and end-user experience from around Asia will be invited to apply for the program.