Huawei Cloud launches Web3 incubator program "Spark" in collaboration with Singapore IMDA

ChainCatcher news, Huawei Cloud has partnered with the Pixel Innovation Hub under the Infocomm Media Development Authority (IMDA) of Singapore to launch a new incubator program called "Spark," aimed at the fintech, Web3, metaverse, and software as a service (SaaS) sectors, primarily targeting the Singapore and ASEAN markets.

The incubator is expected to provide selected startups with S$250,000 in third-party financing support, along with US$60,000 worth of Huawei Cloud credits, office space support, and mentorship services from industry partners such as Mastercard, GSR Ventures, and OCBC Bank. (source link)