BootstrapLabs, a Silicon Valley-based seed and venture capital fund that invests in foreign startups to relocate to the valley, and Malaysia-based MAD Incubator teamed up to create BootstrapAccelerator Asia.
Kuala Lumpur, Malaysia-based BootstrapAccelerator will focus on early-stage capital efficient startups that leverage the speed of internet distribution and the scalability of cloud infrastructure.
Selected companies will receive over US$35k in cash grants and other perks. Additionally, the best teams will take part in BootstrapLabs’ Silicon Valley Fast Track™, and relocate to Silicon Valley.
Startups can apply at http://bootstrapaccelerator.com/apply/.
First enrollment will start July 2, 2013 with a May 30, 2013 application deadline.