ARM Holding to provide support for startups
ASSET & Resource Management Holding Company Limited has said it is committed to providing support for startups to grow and solve issues in the financial system.
A statement on Wednesday said that during its recent programme, tagged ‘Lab by Asset & Resource Management Holding Company Limited’, startups that participated showcased their progress and pitch to secure investment and partnerships.
It said the Labs by ARM was a 12-week accelerator programme by ARM in partnership with Ventures Platform designed to fund and support compelling fintech startups solving critical problems in the financial services industry.
The programme aimed to find and support startups unlocking industry verticals and new markets, thereby changing how users accessed and consumed financial services.
It said investors, corporates, tech leaders, and senior executives of the ARM Group attended the demo day, adding that it had the objective of helping five early and growthstage startups commercialise and distribute their innovations.
ARM said the teams participated in deep-dive sessions and were supported to create unique strategies for solving peculiar challenges.
It added that the programme mentors and advisors, who were thought leaders in their various fields, provided support in business growth, product-market fit, distribution and software engineering.
The sessions, it added, helped the startups to navigate specific challenges and, become better positioned for growth.