Tuesday, July 12, 2016

Speed@BDD completes second acceleration program. Startups seek a combined $3.5 million capital


Speed@BDD has completed a three-month acceleration program for seven tech startups in which it has invested $210,000. This is the startup accelerator's second program, with a third acceleration program in the offering.

The investment comes under the Central Bank's program which aims to support entrepreneurs in the knowledge economy.

The tech accelerator stated that during the cycle it has invested $30,000 in cash in each startup and an equivalent amount in "in-kind" services cove...

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