Flytech Technology (TWSE: 6206) is a leading supplier of Point of Sale systems in Taiwan, and one of the top 3 makers of PoS systems globally. Flytech is dedicated to the development and manufacturing of Point-Of-Sale (POS), Panel PC (PPC), Mobile POS, and Payment Terminal Solutions (PTS) across a wide range of industries, such as Hospitality, Retail, Medical, Healthcare, Manufacturing, and various commercial settings.
The FlyTech x StarFab Accelerator Program is designed to fast track tech startups in the following verticals: Smart retail, Hospitality (F&B, hotels, etc.), Healthcare, and Manufacturing. Qualified startups selected by Flytech will be supported through $3M NTD investments, a worldwide sale network, and product development resources.

Program Highlights

Business Collaboration

Work with a leading POS supplier on new projects and solutions

Domain Expertise

Learn from experienced leaders in different fields

Funding

Pitch for the chance to get $3M NTD in strategic funds

Go Global

Expand into the European & N. American markets together with Flytech

Verticals

Retail

In-store sales and pick-up automation solutions, such as value-added products for self-service Kiosks, subscription services.

Solutions that combine online and offline shopping and increase customer interaction, such as physical store sales combined with online multi-channel marketing and sales.

Innovative business models that disrupt physical retail.

Hospitality (F&B, Hotels, etc.)

Digitization, service automation, self-service solutions

Healthcare

Value-added services for bedside care

Automation of current hospital processes, and new self-service solutions.

Manufacturing

Factory production line control solution.

Warehouse/logistics management.

POS, Kiosk Software Solutions

Technologies

Artificial Intelligence

Collecting and analyzing data to aid decision-making in the Verticals to optimize existing operations.

Image Recognition

Using image recognition to improve end-user experience and optimize existing processes in the Verticals.

IoT

IoT devices or sensors that can create and enhance the value of PoS machines and Kiosks.

Positioning/Location Based Services

Beacon Technologies (Hardware & Software), Radar positioning, WiFi positioning, multi-technology positioning (Bluetooth, UWB, SigFox) etc..

New Business Models

New revenue models (previously not available) or continuous revenue models (monthly fees, maintenance fees, service fees), to build and maintain long-term customer service relationships.

Application Criteria

Companies/startups established in accordance with the law

Solution relevant to the verticals and/or technologies listed

Possess solid and competitive technology

Solution already generating revenue is a plus

Willingness to engage in strategic investment discussions is a plus

Process

Application Deadlines:2020.4.15 (1st Batch), 2020.7.08 (2nd Batch), 2020.9.18 (3rd Batch)

1. Apply:

■ Contact info
■ Company & product
■ Funding
■ Team

2. Review:

■ Joint review, followed by an introductory session to Flytech for startups invited to pitch.

3. Pitch:

■ Pitch to Flytech executives, discuss potential collaboration opportunities

4. Do Business:

■ Startups who advance to this stage will have the chance to explore collaboration in-depth with Flytech during a 1-month period

5. Investment Committee:

■ Qualified startups will be invited to present to Flytech, for the chance to obtain $3M NTD in funding

1. Apply:

■ Contact info
■ Company & product
■ Funding
■ Team

2. Review:

■ Joint review, followed by an introductory session to Flytech for startups invited to pitch.

3. Pitch:

■ Pitch to Flytech executives, discuss potential collaboration opportunities

4. Do Business:

■ Startups who advance to this stage will have the chance to explore collaboration in-depth with Flytech during a 1-month period

5. Investment Committee:

■ Qualified startups will be invited to present to Flytech, for the chance to obtain $3M NTD in funding
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