Plug and Play Japan announced on Thursday that Mobility is a new genre for its startup accelerator program in addition to Fintech, IoT, Insurtech for the Batch 1 program. This new Mobility program is being launched in partnership with Nissan Motor as a leading partner. Startups may now apply for this Batch 1 program in Japan.
According to Plug and Play organizers, the program will be focused on startups in fintech, IoT, insurtech, and mobility areas. Applications may be submitted through Plug and Play Japan’s official website from February 1st to March 31st. Total of roughly 40 competitive startups will be selected for the three month accelerator program.
“Accepted startups can receive feedback and support from our Corporate Partners to strengthen their existing service. Upon discussion, startups can have access to corporate resources to explore partnership opportunities. For international expansion, Plug and Play will enable startups to access global market through its international office network. Plug and Play can provide mentorship and pitch opportunities at Silicon Valley and in other locations. All accepted startups will have access to a co-working office in Tokyo, Japan ‘Plug and Play Shibuya powered by Tokyu Land Corporation’ during this program period.”
Plug and Play is a Silicon Valley-based venture fund, innovation platform, and startup accelerator. Since inception in 2006, Plug and Play has invested and supported many startups all over the world. In the fiscal year 2017 alone, Plug and Play supported 460 startups and invested in 264 startups. Plug and Play has expanded to 12 countries in 26 locations. The Japan office was launched in July 2017, supporting 21 selected startups in Fintech, IoT, Insurtech areas with companies from Japan, Belgium, Israel, and US.Link to source