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May 19, 2016 AT 5:55 pm

HTC Creates ‘Vive X,’ a $100M Accelerator for VR Startups #VirtualReality #VR

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Vive X is one of the ways that HTC could make itself even more integral to VR. The program will award between $50,000 and $200,000 along with some temporary office space in exchange for equity in the participating companies. If one of these startups devises the next big killer app for VR, HTC can ensure that content ends up on Vive — or it could even potentially acquire important companies that go through the accelerator.

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