By a News Reporter-Staff News Editor at Computer Weekly News -- Oracle announced the expansion of its global startup ecosystem in an effort to increase the impact and support for the wider startup community, reach more entrepreneurs worldwide, and drive cloud adoption and innovation. The expansion includes the launch of a new virtual-style, non-residential global program, named Oracle Scaleup Ecosystem, as well as the addition of Austin to the residential Oracle Startup Cloud Accelerator program. The addition of Austin brings the residential program to North America and expands the accelerator's reach to nine total global locations.
"In 2017, we launched eight residential programs ahead of schedule and attracted almost 4,000 global startups for only 40 program slots-a clear indication of the tremendous demand," said Reggie Bradford, Oracle senior vice president, Startup Ecosystem and Accelerator. "Oracle Scaleup Ecosystem is a new global program that allows us to reach more innovators and entrepreneurs, regardless of location, including later-stage scaleup companies who need access to Oracle Cloud solutions and resources without the hands-on offerings our residential program provides. We're building an ecosystem that enables tangible business value, customer growth and revenue-for the startups, our customers and Oracle."
Keywords for this news article include: Business, Oracle Corporation, Computer Technology Companies.
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