HK First B2B SaaS Accelerator by Amplifi & Paperclip

HK First B2B SaaS Accelerator by Amplifi & Paperclip
Comments Off, 06/08/2016, by , in Local Startup News

Amplifi Business Incubation Services Pvt Ltd and Paperclip Startup Campus announce the launch of Hong Kong’s first and only B2B SaaS focused accelerator.

The program is designed to find, nurture and accelerate the next-gen innovative startups in B2B or enterprise SaaS and enterprise tech.

The Hong Kong startup ecosystem has really taken off and come into its own in the past few years. While the startup numbers are mushrooming exponentially with statistics showing a rise from 1,065 startups in 2014 to 1,558 by 2015, 46% growth within one year making it more of a revolution than just a passing trend. But while the potential is huge the need of the hour is to create ecosystems that helps this revolution to translate into meaningful growth for the coming startups in Hong Kong.

With this in mind Amplifi Paperclip Accelerator are happy to announce the launch of the first-of-its-kind co-branded B2B SaaS accelerator based in Hong Kong.

The Amplifi Paperclip accelerator program will be a gruelling 3 months long program for the shortlisted startup founders chosen through a rigorous selection process and will culminate in a demo-day attended by angel investors and seed funds from all over Asia.

The new entity will support select startups with infrastructure, mentors, shared resources, access to potential customers, angels and VCs plus credits from partners & service providers.

Amplifi Paperclip’s efforts will be supported by InvestHK and Cyberport which has assigned a fabulous work space for the startups to use during the course of the program.

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Speaking on the occasion from Amplifi’s global HQ in Mumbai, Sudarshan Narayan, Managing Director said “Amplifi is dedicated to helping innovative B2B SaaS from Asia succeed on a global scale and Paperclip is committed to encourage entrepreneurship in Hong Kong – China. Our similar vision and common goals brought us together. We, at Amplifi, are proud to partner with Paperclip and will endeavour together to create an engaging and enriching ecosystem that will define and develop the next gen B2B SaaS entrepreneurs in Hong Kong – China and other parts of Asia. And what better way to do this than with the support of key partners like Cyberport and InvestHK among other partners and supporters.”

“Cyberport indeed strives to inspire the next generation. Via various programmes, we are supporting aspiring entrepreneurs to pursue their entrepreneurial dreams to becoming the next generation of
innovators, offering guidance along their startup journey. We nurture the entrepreneurial spirit in Hong Kong and help start-ups leap on global ambition with our global network. We are proud to welcome a vertical focused (SaaS) accelerator – Amplifi Paperclip – for Hong Kong start-ups. Through our joint effort, we are confident that we can push forward the development of the startup ecosystem in Hong Kong.” Said Mr Mark Clift, COO of Cyberport.

Deepak Madnani, founder of Paperclip Startup Campus reiterated further : “The partnership with Paperclip Startup Campus was a logical fit, and geographically, running a cohort in Hong Kong provides tremendous opportunities to leading global corporates and allows for access to a high quality mentor base that is only possible in world class cities like Hong Kong.”

Adding to this, Jeffrey Broer, advisor to Amplifi and renowned startup mentor & angel investor said, “There are only a few real accelerators in Hong Kong, Amplifi is now one of them. The world wide network of the program is one of the keys that will help scalable SaaS startups.”

Applications are already open at: and the offline & online outreach campaigns are being launched. Applications will close by Aug 31st, 2016. Amplifi-Paperclip will officially be launched via at a networking event on 11th August 2016. The registration by startups for the event will be opened shortly. The event will feature angels, corporate leaders, representatives from Cyberport and other partners. The high point of the event will be a panel discussion hosted by Jeffrey Broer. Amplifi is a SaaS dedicated accelerator company headquartered in Mumbai, India run by three highly experienced founders with a global advisory board. Amplifi recently completed their inaugural cohort based out of Bangalore, India and has cohorts starting in 7 Indian cities and in Hong Kong.

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