Corporate startup accelerators have become a staple of the business world. As soon as large companies like Target and Facebook realized that it's easier to support startups being innovative than actually trying to be innovative themselves, the floodgates opened and startups around the world become privileged enough to work with some of the most influential companies in the history of tech. And Oracle, the company offering fully integrated stack of cloud applications and platform services, is no different.
Earlier this month, Oracle announced the six startups that were selected for their Startup Cloud Accelerator Program in Paris. Uniquely enough, Oracle will not be taking equity in these companies. Rather, the company will provided a wide range of free services for the participating startups, as well as highly personalized technical and business mentoring and access to their vast network of professional players.
“We’re trying to develop sustained relationships with startups to give them something that is in line with the specific point in their history,” said Dominique van Deth, program director for Oracle Startup Cloud Accelerator in France, to Forbes.
As for the companies selected, access to Oracle services is going to go a long way in terms of breeding success. Take a look at some of the companies selected below and keep an eye on their progress, as this startup accelerator model could catch on.
This company digitizes processes for hotels, campsites, resorts, nursing homes, apartment buildings, and school campuses.
This company is reinventing telephone customer care for our digital and mobile world by facilitating digital transformation in a way that is both independent of and complementary to legacy contact center systems.
This startup helps other companies improve workforce efficiency by optimizing internal staff transfers from one site to another.
This company's mobile application helps shippers and freight forwarders monitor their supply chains in real time.
This startup's lead-conversion application, used in email campaigns, helps marketers close deals by analyzing prospects’ reading behaviors to score their interest and prioritize follow-ups.
Weblib's in-store Wi-Fi and tablet software help retailers and restaurants boost revenue, improve traffic, and build customer loyalty.
Read more about startup accelerators on TechCo
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