HTC is aiming to jump-start VR development with its new Vive X fund, an accelerator that will support and promote startups working in the new medium. Vive X is backed by a $100 million investment fund (mostly from HTC), and it'll kick off in Beijing next month (with San Francisco and Taipei to follow). As with most accelerator programs, it'll offer mentorship, work space and, naturally, some investment capital to a selected group of startups. After a few months, the chosen companies will show off their projects at celebratory demo days (again, something common to this type of program).
Source: HTC
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