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
