The Honolulu-based Blue Startups technology accelerator is accepting applications for its third group of high-growth companies to participate in the organization’s spring program.

Application forms are available online at www.bluestartups.com/apply. The deadline to apply is Feb. 1, and the program runs from March 17 through June 6. The program is accepting 10 companies for the program.

Blue Startups, founded by Henk Rogers of Blue Planet Software, targets companies with high growth potential from Hawaii and around the world. Each company is given $20,000 in up-front funding with the possibility of up to $50,000 in follow-on funding upon completion of the program. Participants also are provided with mentors.

The Spring Blue Startups program culminates in a new regional investor event called East Meets West Demo Day. The East Meets West Demo Day aims to be a large event attracting deals and investors from major regional economies of Asia including China, Hong Kong, Korea, Japan, Thailand, Singapore, Australia and New Zealand.

Blue Startups, founded in 2012,  has invested in 15 companies that have raised more than $3 million in follow-on funding.