Search form

Login - Register | FOLLOW US ON

Logo of Phnom Penh Post newspaper Phnom Penh Post - EPIC incubator to help start-ups in Cambodia

Impact Hub Phnom Penh co-founder Laura Smitheman speaks to attendees at the launch event for the EPIC incubation program yesterday. Photo supplied
Impact Hub Phnom Penh co-founder Laura Smitheman speaks to attendees at the launch event for the EPIC incubation program yesterday. Photo supplied

EPIC incubator to help start-ups in Cambodia

Impact Hub Phnom Penh, a local platform for entrepreneurs and start-ups, has announced the launch of Cambodia’s first one-year incubation program aimed at providing resources and training for aspiring start-up developers.

The EPIC program is a 12-month incubation project that will provide essential support and guidance needed to develop Cambodia’s start-up potential, Impact Hub spokesperson Laura Smitheman said yesterday.

“We have not officially launched the program yet and applications will open later this month, but it is something very new that has never been done in the country before,” she said.

Applications open on August 29. Ten teams will be selected for incubation, starting in mid-October. The number of teams will later be narrowed down to five for the acceleration phase of the program, which helps them produce a market-ready product.

The final five teams will receive 36 weeks of business training and mentoring as well as the possibility to access a $20,000 stipend to fund the start-ups’ further development.

At the end of the year, teams will be given the chance to pitch their ideas to potential investors and grant-givers to receive additional funding.

A previous version of this article mistakenly attributed a quote to Melanie Mossard. In fact, the speaker was Impact Hub spokesperson Laura Smitheman. The Post apologises for any confusion caused.
0

Comments

Please, login or register to post a comment

Latest Video

Cambodia's last tile masters: Why a local craft is under threat

Brought over by the French, painted cement tile making has been incorporated into Cambodian design for more than a century, even as the industry has died out in Europe.

Interview: Loung Ung, author of First They Killed My Father

The story of Loung Ung and her family’s suffering under the Khmer Rouge became known around the world with the success of her autobiographical book, First They Killed My Father.

Setting up a drone for flight. Photo supplied

How Cambodia's first drone company is helping farmers

SM Waypoint claims its unmanned aerial vehicles can help local farm and plantation owners increase their yields.