- Four-month accelerator programme aimed at making participating startups investor-ready
- Winners will be given pitching opportunities in Beijing and Hangzhou
SELANGOR’S first accelerator programme announced the top ten winners on July 7 after participating in a demo day at the Top Glove Tower in Setia Alam.
Officiated by Teng Chang Khim, Senior Executive Councillor, State Government of Selangor, the demo day is an important part in the Selangor Accelerator Programme 2018 (SAP 2018), and was presided by a panel of nine judges, who contributed 70% of the judging score for participants of the programme, while 30% of the weightage included their performance and attendance for aspects of the programme.
The winners will get the opportunity to travel to the leading TsingHua University in China in August, as part of a study trip, on top of pitching opportunities in Beijing and Hangzhou.
This was made possible through a collaboration with one of the biggest incubators in the world, TusStar, the incubator arm of TsingHua University, and the Selangor Information Technology & E-Commerce Council (Sitec).
The ten winners are as follows:
Cheqqme - Helps convert online users to become walk-in customers of offline retailers. It aims to help retailers increase sales by helping them engage and understand their customers better.
Coqnitics - Founded in 2017, the startup provides specialised smart solutions focusing on image and video analytics. Its flagship product includes smart farming platform Planitics.
Dropee - A B2B marketplace that connects retailers on a single platform. With Dropee, retailers are expected to source for products directly from qualiﬁed suppliers with better speed and cheaper rates.
Firegent - Utilises AI to automatically mine data from various documents for immediate analysis. Through a decentralised global data marketplace, users can share, receive, and combine data the way they need it.
HOMA - An O2O Marketplace for construction and renovation users to find a wide range of building materials and home finishes product with the key focus on overstock inventories.
Kwikcar - A mobile app that allows privately owned cars to be listed for short term rentals. Renters can rent a car on demand for up to months, and have the car picked up at a convenient location.
MallDash - Describes its service as the “Google” and “Waze” for shopping malls, covering over 50 malls across Malaysia. Their mission is to let shoppers search for anything across any mall.
Pinetop - Develops the GPS Fleet system for fleet owners to monitor their vehicles effectively. They collect data from the vehicles, analyse it, and display useful information to fleet owners to provide them better visualisation and clearer understanding of their vehicles usage.
Rtist - Describes itself as Malaysia’s first and only creative job platform which helps businesses hire freelance or permanent designer instantly.
Upal - Describes itself as the ﬁrst university student part-time, internship, and job recruitment platform. It claims to connect more than 30,000 job-seekers and employers and collaborates with 13 university in Malaysia. The part-time opportunities are mainly in sales, oﬃces, events, logistic, entertainments, F&B, and many more.
The SAP 2018, launched in April this year, is a four month accelerator programme aimed at making participating startups investor-ready, and is the first ever startup accelerator by the Selangor State Government through their initiative, Sitec.
Additionally, the top five of these top ten will automatically enter the Selangor International Pitch, which invites top startups from the APAC region to pitch on stage at the Selangor Smart City & Digital Economy Convention 2018 on Sept 14 at Mitec.
“This programme is the natural progression for Sitec, after our incubator programme StartupQuest Selangor, which has seen numerous creative and innovative ideas, some of which have also moved on to realise their minimum viable product as a startup. This, in my opinion, is an encouraging sign that the startup community is constantly and proactively looking to grow, learn, and better themselves”, said Sitec chief executive Yong Kai Ping.
“In the advent of IR4.0 and the Digital Economy, talented people remain an ever-important resource, but equally important is honing that raw talent, that it can be directed and harnessed to empower the growth and success of Malaysia’s move to the Digital Economy.
“Selangor has always been firmly committed to nurturing these talents that bring innovation and progress, and the Selangor Accelerator Programme, which has culminated in its Demo Day today, is but another example of how strongly we believe in progress for the Golden State,” said Teng.
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