Ulaanbaatar
MonJa Startup Accelerator Program announced
Society
Ulaanbaatar/MONTSAME/. The Japan International Cooperation
Agency (JICA), Mongolia-Japan Center (MOJC), and MobiCom Corporation LLC
(MobiCom) announced the launch of the MonJa Startup Accelerator Program
for businesses emerging during the COVID-19 outbreak.
During the ICT Expo, the JICA and MobiCom
Corporation LLC signed a Memorandum of Understanding and started receiving
applications for the MonJa Startup Accelerator Program on October 10.
Within the program, the JICA, MobiCom and MOJC will collaboratively
promote startup businesses that are developing innovative businesses and
technologies, which can be a solution to the socioeconomic changes caused by
the COVID-19.
Among the startups that applied for the program, three
startups will be selected by a selection committee, a contract of USD30,000 as
maximum will be signed with each selected startup as well as technical support
such as mentoring service, lectures and networking events will be provided to
promote startup's business through the Program for six months. It will also
provide networking opportunities, including support in establishing contacts
with Japanese companies.
