DigitalOcean launches ‘Hatch’ to nurture startups

New Delhi, Sep 8 (IANS) US-based cloud infrastructure provider DigitalOcean on Thursday announced "Hatch", a global incubator programme that offers startups access to its Cloud for a year, providing free technical training, mentorship, priority support and a community to connect with other startups, accelerators and investors.

"Use of the Cloud has significantly decreased the capital required to start a business, yet still remains one of the largest expenses founding teams face in the early days," said Ben Uretsky, Co-founder and CEO, DigitalOcean, in a statement.

Hatch is an expansion of the company's established partnership ecosystem with several of the top accelerators, including Y Combinator, Techstars, 500 Startups, and NASSCOM 10K.

Over the past few years, DigitalOcean has powered the applications and production workloads for more than 800 startups that are part of these accelerator programmes by offering support and infrastructure credits.

DigitalOcean will pilot "Hatch" through their accelerator and investor partnership network.