Five startups handpicked for Cyberview's CLLA accelerator programme
By Digital News Asia March 26, 2021
- Five startups given rent-free workspace, opportunities to pilot innovation with Cyberjaya
- Five-month programme includes industry mentoring, value-added services
CYBERVIEW Sdn Bhd has named five digital demand-led startups for the 15th cohort of its Cyberview Living Lab Accelerator (CLLA) programme.
These startups, which successfully outpitched their peers before a panel of judges, are Roomah, Pandai, Synapse Innovation, LinkUp Smart Solutions, and Move Robotic, Cyberview said in a statement.
Through the course of the five-month programme, these companies will fast track the development and commercialisation of high-tech, innovative products and solutions across various fields including property and education, it added.
The CLLA programme aims to provide a launchpad for start-ups and innovators to accelerate their business development and growth in Cyberjaya. Under this scheme, the entire city of Cyberjaya serves as a sandbox for these companies to conduct proof-of-concept testing of their products and solutions, Cyberview said.
They will also have opportunities to network and connect with relevant industry experts and access to both domestic and international markets through private and public initiatives with the support of Cyberview, it added.
“Winning the digitalisation race requires companies to embrace a forward-looking, growth mindset and formulate a bold digital strategy at a rapid pace,” Najib Ibrahim, managing director of Cyberview.
“Our accelerator programme offers start-ups opportunities as well as necessary access to create an edge for themselves among what is already a competitive landscape.
“As a tech hub developer, we nurture tech start-ups to directly contribute to a more vibrant tech ecosystem here in Cyberjaya. This is also in line with the government’s recent MyDigital initiative that looks at catalysing 5,000 start-ups in the next five years,” he added.
Throughout the course of the programme, the five start-ups are given rent-free workspace at Colnnov8, a smart city collaborative space provided by Cyberview. On top of opportunities to pilot their innovation with Cyberview and Cyberjaya stakeholders, they will enjoy industry mentoring and various value-added services worth over US$ 24,209 (RM100,000), Cyberview claimed.
[RM1 = US$0.242]
Towards the end of the programme, they will be given a platform to showcase their innovative products and solutions to relevant investors, corporate partners, government agencies and the media through a 'Demo Day.'
According to Cyberview, past demo days for the CLLA have proven to bridge startups with the right parties that have interest in the participants' products and solutions.
Shafinaz Salim, head of technology hub development division, Cyberview said, “In the last eight years, we have nurtured 80 start-ups in their journey to realise and advance their innovations.
“Today, some of our alumni continue to contribute to our city’s innovative ecosystem as well as the country's, while others have successful expanded their businesses beyond Malaysia, with presence across several regions,” he claimed.
Since its inception in 2013, Cyberview’s CLLA programme has helped start-ups to raise over RM87 million in total investments, generated more than RM218 million in total revenue, and created more than 550 jobs, Cyberview claimed.
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