It is with great pleasure that we welcome SAP Startup Focus entrepreneurs to the One Million by One Million (1M/1M) program. This new partnership will offer extensive incubation support to entrepreneurs developing products and services on the SAP HANA platform. We are launching this effort by inviting a first set of entrepreneurs working with HANA through the SAP Startup Focus program to apply for one of twelve scholarships to the 1M/1M program (valued at $1000 for the annual membership fee) that SAP is awarding.
1M/1M is a virtual incubation program that will work closely with scholarship winners for one year to help their ventures achieve their potential.
You can learn more about the application process here.
SAP Startup Focus works with a growing portfolio of high potential, big-data startups to enable their market success with their solutions running on SAP HANA. HANA is a high speed, in memory, real-time, database platform. SAP HANA works with all applications, whether they are from SAP or not.
For those not already familiar with 1M/1M, ROI analysis of the 1M/1M program is available, outlining the different vectors along which we provide value: curriculum, mentoring / consulting, PR, business development, peer group networking, investor introductions, etc. Also, check out the 1M/1M Million Dollar Club, a list of entrepreneurs who have already reached $1M+ annual revenue. And a cool short video: 1M/1M vs YCombinator.
Good luck to all!