Orange has announced that its start-up accelerator will work more closely with that of Deutsche Telekom in a bid to boost scale.
Together, Orange Fab and DT’s hub:raum will have access to a potential customer base of approximately 500 million people.
Start-ups “may” additionally have access to investment vehicles set by the two operators, according to a statement.
Orange Fab was rolled out in Silicon Valley in March 2013. Now, it has a presence in France, Japan, South Korea, Taiwan and Poland.
Israel and the Ivory Coast are next on the list with launches penciled in for October this year.
Selected start-ups get three months of support to develop their product and business, while some receive grants in the form of convertible bonds.
hub:raum started in Berlin in 2012 and has since rolled out in Poland and Israel.
It offers a pool of experts, Deutsche Telekom’s network, working space and seed financing of up to €300,000 in exchange for 10-15 percent equity.
The two operators said they are focusing on start-ups working in the fields of IoT, network optimisation/access technology, mobile payment, cybersecurity and big data.
“This cooperation is key to fostering the innovative ecosystem, as well as to contribute to job creation,” commented Mari-Noëlle Jégo-Laveissière, Senior Executive Vice President Orange’s Innovation, Marketing and Technologies.
“Deutsche Telekom shares the same vision and commitment as Orange and we are proud to join forces to do more together for digital start-ups”.
Orange also announced a partnership with AppCampus, a global programme set up by Microsoft and Aalto University to foster the creation of innovative mobile applications for the Windows and Windows Phone ecosystem.
The France-based company said it plans to support the creation of new apps for its customers, especially gaming apps.