Startups get boost from Alibaba’s Yvolv
Ignites offers technology startups cloud services as well as mentorship to enhance their business.
Yvolv, the technology joint venture between Alibaba Cloud and Meraas, is launching a new program aimed at technology startups.
The program, Yvolv Ignite, aims to assist startups to focus on driving their core businesses rather than focusing on technology operations.
The program is built to tackle the common challenges that startups face in the early stages, such as overspending on technology and spending time on technology operations. The Yvolv Ignite program helps startups by providing them access to elastic in-country cloud resources, sharing guidance on how to build their technology platform and define a successful customer experience, as well as mentoring them on how to fast-track their growth, the company says.
“Being a startup ourselves, we fully understand the needs and challenges that other startups face during the early stages. Therefore, we have tailor-made this program along with our partners to best help companies at the start of their journey”, said Fahad Al Hajeri, CEO of Yvolv.
The Ignite program offers free Alibaba Cloud Credit, Digital Innovation consultation, mentorship, as well as networking and PR support where startups will be invited to events sponsored by Yvolv and Alibaba Cloud, in addition to media coverage.
The program is available to any technology startups that are in their early-stage with limited funding, leverage technology at the core of their business model, are based in the Middle East or provide their service to Middle East customers, and are not exclusive to a specific technology provider. Startups can continue benefiting from the program until they become self-sustainable.
They can join by simply filling the form on yvolv.ae/ignite or contact their program manager (if they are part of an incubator, accelerator or a VC fund) to introduce them to the Yvolv Ignite program manager. Blacksmith is one of the incubators/accelerators that has already partnered with Yvolv, and will be introducing this program to their startups and get access to the benefits provided.
“The startup ecosystem will change in the years to come. The approach on early-stage ventures will become more professional and entrepreneurs will need serious players as Yvolv to build sustainable technologies and businesses. We are happy to partner with Yvolv on that mission on Middle-East, aligned with the strong ambitions in the region.” said Alexandre Pereira, CEO and founding partner of Blacksmith.