30 June, Shah Alam – 30 best startups out of 225 competitive applications have been chosen to undergo the next process of the Selangor Accelerator Programme (SAP) 5th Cohort.
In the opening ceremony held today at Selangor Digital Creative Centre (SDCC), Dato’
Teng Chang Khim, Selangor Executive Councillor for Industry and Trade announced the list of startup companies that will be nurtured under the programme by Selangor Information Technology and Digital Economy Corporation (Sidec) in the next 10 weeks of acceleration period.
Themed “Net Zero, Sustainability & Circular Economy”, the SAP this year focuses on five main verticals, namely Agritech, Greentech, Smart City, Fintech and Healthtech.
The 30 shortlisted startups for SAP 2022 5th Cohort are:
1. Buddey Technology Holdings
2. iReka Soft Enterprise
4. AIRI Global
5. Energreen Tech
6. Mushin Biz Solutions
7. Loop Foods
9. Entomal Biotech
10. Urban Farm Tech
11. Bumi Gemilang Oils
12. ARIA Spectre
13. Move On
14. Film Wallet
15. Fintech Worldwide
16. Seeddream Technology
17. Axelcloud Technologies
18. Diet Ideas
19. Emergence Innovative
20. Mitra IT Solutions
21. Global Cerah
22. Blue Duck Tech
23. Niagable PLT
25. Oh Digital Solution
26. Ironwood Global Logistics
27. MDC Digitech
28. Collaborative Excellence
30. Ashisuto Global Technologies
Yong Kai Ping, Chief Executive Officer of Sidec in his welcoming remarks said that the submissions for this year surpassed last year’s record by 36.4% (year 2021: 165) in which it denotes that more startups are eager to expand their businesses aligning with the programme’s tagline of “Charge your startup, take it further”. The official application period ran from 10 May until 13 June 2022.
“The 30 shortlisted startups will get access to benefits such as USD5,000 worth of Amazon Web Services (AWS) credits, six months’ worth of free coworking space at Selangor Digital Creative Centre (SDCC), piloting opportunities with industry players, and more,” added Yong.
The acceleration period will cover 14 workshops, three pitching clinics, five office-hour mentoring sessions and one closed-door semi-final pitching session before the final demo day scheduled for 10 September 2022.
In the speech delivered by Raymond Lee, Head, SME-Wide Ancillary & Transaction (SWAT) Sales, Enterprise Banking, Affin Bank Berhad (AFFIN BANK), he mentioned that the goals of this programme are parallel to AFFIN BANK’s motto “Always About You” where AFFIN BANK remains a devoted partner in supporting the growth of the economy’s backbone, the SMEs and startup community with essential banking solutions, relevant business tools and differentiated propositions to propel their business forward.
The main sponsor of SAP for the second consecutive year, AFFIN BANK is committed to continuing its effort to support SMEs especially startups with exponential prospective to grow and successfully pitch for funds to elevate their business performance.
SAP 2022 5th Cohort strategic partners are Permodalan Negeri Selangor Berhad, Microsoft, The Hive Southeast Asia, Tuas Capital Partners, Agrobank and RHL Ventures, with the support from Amazon Web Services, TusStar, MRANTI, Cradle, MDEC, Mystartr, Biztory, Worq, Common Ground, Rtist, Youbeli, Mices Tech, NexMind
AI, Beamstart, iTrain, Startup Mamak and Exabytes.
For more exciting programmes for you to accelerate your startup, visit www.sidec.com.my