Many startups have a clear vision of how their businesses will disrupt the world. They formulate business plans that ensure viability and profitability. On paper, everything exists perfectly. Now, they need to pitch this perfect idea to outsiders whose support is vital for long-term growth.
Enter the incubators and accelerators, whose varying degrees of assistance, in know-how or in funding, will speed up growth and bring about profitability in the soonest possible time. In this crowded world of startups vying for the attention of investors with deep pockets, you have connectors separating the wheat from the chaff, so to speak.
From Sunnyvale, in the heart of Silicon Valley, the global hub of high-tech innovation, Plug and Play Technology Center connects the world’s largest corporations with the most innovative early-stage startups.
Founded in 1990, Plug and Play Technology Center has driven global innovation by informing leading companies of the latest innovations, operating more than 100 accelerator programs in more than 50 locations around the world, and investing in hundreds of startups together with some of the leading venture capitalists.
In an interview with GMI POST, Managing Partner for East Asia Philip Seiji Vincent, who oversees a vast region with a dynamic burgeoning startup scene, reiterated the company’s mission “to support the industry landscape, educate and serve the communities, with the ultimate goal of transforming the Japanese economy.”
Since 2021, Plug and Play has supported more than 2,500 startups, invested $9 billion in its portfolio companies, built a corporate partnership network of more than 450 companies, and created an ecosystem with more than 300 VCs.
A clear sign of its competence in building a growth-conducive environment and identifying the most promising startups, Plug and Play Technology Center boasts 12 unicorns (privately held startups with a valuation of more than $1 billion) in its portfolio, which includes Dropbox and PayPal.
