Here’s 1 more proof that Virtual Reality (VR) is gaining huge market space. HTC Corporation (HTC), has announced the launch of ‘Vive X’, a global accelerator program targeted at startups operating in the VR space.
With a US $100m investment fund led by HTC, the program is designed to help cultivate, foster & grow the global VR ecosystem by supporting startups & providing them with expertise, special access to advanced VR technology, financial investment, mentorship & go-to-market support – ultimately building them into valuable Content producers or Content enablers for the Vive platform, HTC said.
Starting in 3 cities – Beijing, Taipei & San Francisco, with a view to rolling out across other global hubs in the near future – Vive X offers startups the opportunity to be based in one of those cities for an initial growth period, during which they will have access to funding, leading VR know-how, hands-on coaching, & office space. They will also be invited to demo days, where leading investors will be in attendance, & to HTC’s offices for intensive training with it 1st-party development studios.
In Beijing, Vive X will pilot in May 2016, when selected startups from around Asia will be invited to apply for the program, with the goal of enabling those companies to grow with the Vive platform.
“Virtual reality is changing the world, yet to do that effectively it needs a healthy eco-system to expand into the mass market. Through HTC Vive, we look forward to enabling global talent to create interesting and compelling content and to help shape the future of this industry,” said Cher Wang, Chairwoman and CEO of HTC.
Image Credit: HTC
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