JFDI Asia Bootcamp and Seed Funding for Startups


Heard about Y-combinator or TechStars? Well now there’s JFDI.Asia. They are the first TechStars Network member in South East Asia.15 startups will be selected for the bootcamp in Singapore in January 2012 for the JFDI–Innov8 2012 Bootcamp. Each startup will receive S$15,000 in seed funding in exchange for equity.

These startups will undergo 100 days of intense mentorship with JFDI and mentors as they build their businesses and prepare to pitch to international investors at a Demo Day at the end of the bootcamp. Mentors include:

Steven Goh, Founder of Mig33

Darius Cheung, Founder of tenCube

Margaret Manning, CEO of Reading Room

Satya Witoelar, Founder of Koprol

Scott Rafer, Founder Omniar, Mashery and Percent Mobi

They are looking for startups that: can be launched and ready for investment within 100 days, are buyable and scalable, and which offer products and services relevant to the Asian market.

"At JFDI we have the motto "In Asia, for Asia". We are excited to recruit top-notch Internet and mobile technologists into our upcoming bootcamp, where we'll provide funding and mentoring so they can change the world." says Co-Founder of JFDI Asia Meng Weng Wong

To find out more, watch the video below and check out their website at http://bootcamp.jfdi.asia.

Applications are rolling - the earlier you apply, the better chance you have at being selected. Apply today through 16 December 2011!