MonJa Startup Accelerator Program announced

2020-10-14 13:11:04

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.