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TMI Launches Hardware Acceleration Program for Early Stage Startups - Taiwan Mobile Innovation (TMI) recently launched its Hardware Acceleration Program (HAP), a business incubator for innovative mobile and internet-related hardware startups - TMI.vc
TMI Launches Hardware Acceleration Program for Early Stage Startups

 

PRZOOM - /newswire/ - Taipei, Taipei City, Taiwan, 2013/05/03 - Taiwan Mobile Innovation (TMI) recently launched its Hardware Acceleration Program (HAP), a business incubator for innovative mobile and internet-related hardware startups - TMI.vc.

   
 
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Based in Taipei, Taiwan, the heart of IT ODM services, TMI's team of experts connects startups with experienced manufacturers, helps them resell their products in Asia and access to capital through local VCs, seed capital or pre-A funding.

Peter Liu from WI Harper Group, one of the firms that support this program, emphasized that "The goal of the Hardware Acceleration Program is to assist early-stage hardware innovation projects throughout the different steps of the business creation from prototype to mass production." He also added that the program is mainly focused on linking startups with experienced manufacturers in order to make high quality and competitive products.

One important feature about this program is that it is free of cost for eligible projects for TMI does not seek profit from it. Instead, the business incubator aims to discover new investment opportunities. "Through this program we expect to not only find some original and revolutionary projects to help them succeed in the market, but to also become angel investors.", said Herb Lin, TMI's Board Director from the Industrial Technology Research Institute of Taiwan (ITRI).

About TMI

TMI (tmi.vc) was founded in 2012 by the US venture firm WI Harper Group, Kaifu Lee head of Innovation Works and ITRI.

The company has built a professional team Logistica Asia to execute the Hardware Acceleration Program. All team members have broad experience in working with ODMs and have served several reputable hardware customers such as Samsung, Gigabyte, Dell, Asus, Nokia and Intel among others.

 
 
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Agency / Source: TMI (Taiwan Mobile Innovation)

 
 

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TMI Launches Hardware Acceleration Program for Early Stage Startups

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Contact: Maria Barrera - TMI.vc 
+886 2-2742-3301 vivienne.liao[.]tmi.vc
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any TMI (Taiwan Mobile Innovation) securities in any jurisdiction including any other companies listed or named in this release.

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