VRJounral is reporting that HTC Corporation is poised to launch Vive X, which will serve as a global accelerator program targeted at start-ups operating in the virtual reality space.
“With a $100m investment fund led by HTC, the program is designed to help cultivate, foster and grow the global VR ecosystem by supporting start-ups and providing them with expertise, special access to advanced VR technology, financial investment, mentorship and unmatched go-to-market support – ultimately building them into valuable content producers or content enablers for the Vive platform,” reads a statement provided to VRJournal reads.
For starters, the program will launch in just three cities — Beijing, Taipei and San Francisco. But plans to expand the program’s reach are already in the works.
“We are very excited about gathering the brightest and the most creative minds to join Vive X. Virtual reality is changing the world, yet to do that effectively it needs a healthy eco-system to expand into the mass market. Through HTC Vive, we look forward to enabling global talent to create interesting and compelling content and to help shape the future of this industry,” said Cher Wang, the CEO of HTC.
HTC has rolled out a new website outlining the program, which can be accessed here.