* Omidyar grant jumpstarts for-profit accelerator in Myanmar

By Susan Cunningham
Digital News Asia | Aug 02, 2016

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A US$2-million grant from the Omidyar Network to Yangon tech community Phandeeyar will help support a for-profit accelerator programme to be launched in September.

After hearing pitches from short-listed candidates in mid-August, judges will select four to eight winning teams, according to Phandeeyar Accelerator director Jes Kaliebe Pedersen.

Each team will get US$25,000 in seed money, office space, and six months of coaching by some of Phandeeyar’s 30 mentors, who include executives and investors in Myanmar and abroad.
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