The Singapore-based Joyful Frog Digital Incubator (JFDI) announced today that it plans to run three accelerator programs through 2014. Each program will last 100 days.
Each batch will include 10-15 startups. Early-stage tech startups around the world can apply immediately so long as your businesses are for Asia.
Every team accepted into the program will be offered a package including S$25,000 (USD 19,500) net cash, mentoring, technical and other vendor perks. All teams accepted are required to incorporate (or re-incorporate) in Singapore. JFDI, of course, takes a small equity in each team.
In the past two years JFDI has graduated 27 teams. It was founded in 2010 in Singapore by Hugh Mason and Wong Meng Weng with financial support from successful entrepreneurs based in Singapore.