DBS launches second run of pre-accelerator programme for startups

Applications are accepted until 1 April 2016.

According to a release, DBS Bank has officially launched DBS HotSpot 2016, and applications are now being accepted until 1 April 2016. This is the second run of the pre-accelerator programme for very early stage start-ups in fintech, social enterprise, and digital technology as well as innovators within the bank to develop their business ideas and seek funding.

DBS was the first bank in the region to organise a wholly-owned pre-accelerator programme when it launched DBS HotSpot in September 2015, as part of its SGD10 million commitment to develop the start-up ecosystem. Unlike most accelerator programmes, DBS does not require participating entrepreneurs to relinquish equity.

To learn more about DBS HotSpot visit https://go.dbs.com/hotspot