Spaze Ventures launches ESG-backed edtech accelerator

It will provide early-stage edtech startups with up to $500,000.

Seed capital firm Spaze Ventures has launched Singapore’s first educational technology (edtech) accelerator supported by enterprise development agency Enterprise Singapore (ESG), according to a press release.

Called EduSpaze, the new accelerator will provide early-stage edtech firms up to $500,000 funding. The program offers customised resources aiming to addresses specific requirements of each company.

“Drawing on my background in the edtech space in Finland, I would like to leverage global best practices to help stimulate innovation in the space here in Singapore,” said Niko Lindholm, EduSpaze programme director and former xEdu edtech accelerator director in Finland.

Application for the inaugural EduSpaze cohort is open until 20 December. Up to ten companies will then be selected to begin the programme in February 2020.

EduSpaze has established partnerships with educational organisations and institutions in Singapore, the wider region of Southeast Asia, and at a global level.

Screenshot from EduSpaze website