Professional services network PwC Singapore’s Venture Hub has signed a partnership agreement with Tribe Accelerator, a blockchain-focused accelerator recently launched by venture capital firm Trive Ventures, E27 has reported.
Tribe Accelerator is a six-month scheme backed by Singapore government agency Enterprise Singapore that also counts blockchain community Icon Foundation as a partner.
Trive plans to use the initiative to enhance awareness of the distributed ledger technology that powers the blockchain, through the demonstration of decentralised applications or back-end digital technology.
The inaugural cohort will be made up of eight blockchain-based startups that will each receive access to mentorship and expertise, technical support and international attention.
PwC Singapore, part of professional services firm PwC’s global network, launched a venture hub in 2016 to collaborate with entrepreneurs, investors, incubators and accelerators to help them scale their businesses.