|[March 31, 2014]
SK Telecom Accepts Applications to Meet With Emerging Technology Companies at New Innovation Accelerator in Sunnyvale
SUNNYVALE, Calif. --(Business Wire)--
SK Telecom (News - Alert) Americas will host an open house reception of their new
Innovation Accelerator in Sunnyvale on April 24, 2014. The
Accelerator pairs entrepreneurs with Strategic Partners and provides up
to $1 million in combined funding, services and facilities.
Shortly before the open house at the innovation center, the technology
giant will be accepting applications to meet 1-on-1 with emerging
companies through a program called MarketLink. Executives from SK
Telecom, Korea's largest wireless operator and global technology leader,
will come to Sunnyvale to hear presentations from startup companies that
hope to do business with the wireless technology giant.
MarketLink, a program created by San Diego technology association
CommNexus, aims to bring together and provide partnership opportunities
for small and multi-national technology companies from around the globe.
Technology startups have already begun signing up to pitch their
businesses and technologies to SK Telecom. Under the MarketLink program,
SK Telecom will choose about a dozen companies from the list of
applicants. Those firms will meet face to face with executives to pich
their ideas and products in a one-hour meeting.
CommNexus has been running MarketLink programs for nine years, with some
of the world's most important companies participating. The list includes
Motorola, Sony Electronics, LG, Samsung, ZTE (News - Alert), Huawei, AT&T and Verizon
"In past programs, about 30 percent of MarketLink finalists continue
discussions beyond the program, and many engage formally with the large
multi-national company," says CommNexus CEO, Rory Moore.
The deadline for submitting applications ends Friday, April 18th.
The pitches will be on May 13-14th at the new SK Telecom
Innovation Accelerator. For more information or to apply to MarketLink,
contact the CommNexus MarketLink program manager, Carolyn Liikala at
858-768-5054 or firstname.lastname@example.org
CommNexus is a non-profit technology industry association that works to
accelerate the formation, growth and success of the technology industry
in the region. We deliver value to the technology industry through
content-driven programs that provide access to capital, talent and
ABOUT SK TELECOM
SK Telecom Americas is the business development and venture capital arm
of SK Telecom, Korea's largest wireless operator and a global technology
leader, and has worked with some of the brightest minds in VC and angel
investing - and some of the biggest technology companies in Silicon
Valley - to design a novel and new funding model.
SKTA Innovation Accelerator seeds and accelerates core technology
startups to create and manage the essential data center. The Innovation
Accelerator matches entrepreneurs with industry leading strategic
partners and provides initial funding up to $1M as a combination of
working capital, state-of-the-art facilities, development tools and
professional services (e.g. legal and financial). Entrepreneurs
concentrate on developing their technologies, while strategic partners
and venture capitalists access lower-risk investment opportunities and
shorter time-to-money horizons.
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