muru-D (muru digital), Telstra-backed startup accelerator, was launched in Singapore on Wednesday. It will be headed by Joseph Ziegler, Entrepreneur-in-Residence, and Jamie Camidge, Head of Strategic Partnerships & Alliances. Launching at the 2nd location after its debut in Sydney in October 2013, muru-D aspires to attract the region’s best digital talent, foster local technology innovation and grow the entrepreneurial ecosystem across Southeast Asia.
According to Telstra, applications will open in May for ten technology startups from across Southeast Asia to be recruited for the inaugural six-month accelerator program, which begins in August 2015. The ten successful startups will receive SGD$40,000 in seed capital, space in muru-D Singapore’s central business district office and introductions to world-class mentors, coaches and investors, following a pan-Asian roadshow led by Joseph and Jamie throughout May and June.
The startup accelerator program saw its first nine Australian-based startups attracting more than SGD$3.15 million (AU$3 million) in follow-on funding, said the Operator.