TEGAS Startup Lab now open for applications
By Digital News Asia April 1, 2019
- A one-year structured incubation programme for Sarawak entrepreneurs
- The programme for the second cohort will run from May 2019 – May 2020
APPLICATIONS are now open for the second cohort of TEGAS Startup Lab (TSL). This programme is organised in line with the Sarawak government’s mission to increase the number of successful technopreneurs as well as promote digital innovation and entrepreneurship in Sarawak.
Tabung Ekonomi Gagasan Anak Bumiputera Sarawak (TEGAS) will work closely with their strategic partner, Satu Creative for the programme’s second cohort from May 2019 – May 2020 across SMA-TEGAS Digital Innovation Hubs (DIHs) in Kuching, Bintulu and Miri.
TSL is a one-year structured incubation programme that aims to equip local Sarawak entrepreneurs with the tools to sustain and accelerate their business growth and builds on the Sarawak government’s digital economy blueprint.
Participants selected for TSL will enjoy one-year of business coaching, mentoring and facilitation, knowledge-sharing by industry experts, access to DIH facilities and the Digital Village Ecosystem Network, and be given opportunities to participate in international conferences and trade fairs.
Startups will be mentored by seasoned entrepreneurs and industry experts, on topics such as strategy, finance, operations, talent management, marketing, branding, intellectual property (IP) and fundraising.
TSL has produced a number of notable alumni which include Trifold X, The Tuyang Initiative, Menur, The 381 Hub and Thirst. Participants will also gain be able to listen to first-hand accounts of their startup journeys from these founders.
“TSL is our investment to produce high-growth startups for the Digital Village, and towards empowering young entrepreneurs in Sarawak,” said Len Talif Salleh, Assistant Minister for Urban Planning, Land Administration and Environment and TEGAS chairman.
The programme is supported by the Sarawak Multimedia Authority (SMA) and is one of the key programmes in the Sarawak Digital Village Ecosystem. TEGAS is also collaborating with SMA in operating the DIH in Kuching, Miri and Bintulu.
DIH serves as an inclusive platform to nurture talent, support entrepreneurs and create innovators for Sarawak. DIH offers access to co-working space and shared amenities, funding opportunities and facilitation, incubation and acceleration programmes as well as an entrepreneur-friendly ecosystem.
“Together with all our partners within the digital ecosystem, we know that this initiative will create success stories that will be the pride of our state, and our nation,” said SMA general manager Dr. Zaidi Razak.
TSL is open to Sarawak-based startups focused on the key sectors identified in the Sarawak Digital Economy Strategy 2018-2025.
The startups muct have a minimum of 51% Sarawakian shareholding, have been in operation for at least six months and not more than two years with proof of market traction in the form of revenue or customer acquisition.
To apply, please visit http://bit.ly/tegasstartuplab2019