ABA empowers tech startups through sponsorship of SprintX Accelerator Program
25/Aug/2023
ABA Bank, Cambodia's largest commercial bank and foremost digital finance provider, announces its sponsorship of the SprintX Accelerator Program, a strategic initiative to propel the growth of local tech startups and technology-driven SMEs.
The program, established by Prestige Consulting and Khmer Enterprise and officially launched on 24 August 2023, embodies ABA Bank's steadfast commitment to innovation, technology adoption, and the digitalization of Cambodia's business landscape.
Through its sponsorship, ABA Bank will support tech startups and SMEs, including investment readiness training, mentorship, and investment deal advisory. It will help participants navigate the complex business development world and secure vital investments, propelling them from ideation to sustainable success.
"We are excited to support the SprintX Accelerator Program as part of our commitment to fostering innovation and growth in Cambodia's tech startup ecosystem," said Theam Romny, Chief External Relations Officer and Regional Manager of ABA Bank. "By providing sponsorship, ABA aims to empower emerging businesses with the resources they need to succeed in the digital age."
The SprintX Accelerator Program is a valuable resource for tech startups in Cambodia. The program's training, mentorship, and investment advisory will help startups develop their business plans, raise capital, and navigate the complex world of business development.
ABA Bank's sponsorship aligns with the Royal Government of Cambodia's vision for digital advancement, as outlined in the Cambodia Digital Economy and Society Policy Framework 2021-2035.
The SprintX Accelerator Program is open to tech startups and technology-driven SMEs based in Cambodia with a viable business model. The program will run for 12 weeks and culminate in a Demo Day, where participants will pitch their businesses to a panel of investors.
