HTC is launching a $100 million accelerator program for startups that want to use its VR technology. The program, called Vive X, will launch in Beijing, Taipei, and San Francisco, with the possibility of expanding to more cities over time. It's supposed to offer mentorship, help securing investment, and access to VR tech, doing things like temporarily providing office space and hosting demo days for potential investors. Companies can apply now, and a pilot program will start in Beijing in May.
The money for this doesn't come solely from HTC: it's described as an investment fund "led by HTC" instead. We don't know exactly how much support the Taiwanese phone manufacturer is putting in, and the company declined to list other investors. We...
via The Verge
