ECX23

Accelerating Growth, Empowering Entrepreneurs

About ECX23

ECX23 is an intensive 3-month program designed to benefit 30 Malaysian SME brands that offer excellent guidance from experienced mentors and comprehensive workshops. 

 

The main objective of ECX23 is to empower Malaysian entrepreneurs by preparing them for investment and expansion ready through a series of intensive workshops and pitching clinics.

 

The program provides a fresh perspective on creating a successful growth strategy that includes rich case studies, anecdotes, and practical tips, equipping entrepreneurs with the tools to map out their company's business model and strategy. It enables them to take the initial steps on their journey and embark on the adventure of accelerating their business growth

Program Timeline

Key Sectors

Food  & Beverages

Home Living &
Home Appliances

Fashion &
Lifestyle

Health, Beauty &
Wellness

Education &
Learning

ECX23 Program Module

10 Biz Workshops + 5 Pitching Courses

  • Mastering E-Commerce Process

 

  • Advanced Digital Marketing

 

  • Cross Border E-Commerce

 

  • Data Analysis & Online Traffic

 

  • Artificial Intelligence for E-Commerce
  • Brand Identity & DNA Growth

 

  • Hacking & Product Market Fit

 

  • Business Model Canvas

 

  • Business Valuation & Fundraising

 

  • Legal
  • Pitching Fundamental Skills

 

  • Preparing a Winning Pitch Deck

 

  • Strategies for Winning Investors

 

  • Pitching Clinic

 

  • Pitching Drills

Prizes

Trophy & Certificate

RM3,000 Cash Prize

Overseas Trip for 2 pax

Potential Investment 
Opportunity

Entry Criterias

SSM registered company

Company with minimum of one audited financial year

GMV between RM500,000 to RM10,000,000 yearly

Sell products to end users only (B2C)

Applicants must be
the founder or co-founder of the company

Incorporated less than 7 years

Must operate on 
online platforms

Able to commit throughout the 3 months program

Frequently Asked Question

What is the Selangor E-Commerce Xccelerator?The Selangor E-Commerce Xccelerator (ECX) is an intensive 3 month program designed to benefit 30 Malaysian SME brands that offers excellent guidance from experienced mentors and comprehensive workshops. The ECX23 is to empower Malaysian entrepreneurs by preparing them for investment and expansion ready through a series of intensive workshops and pitching clinics.

The ECX also acts as a gateway for SME to prepare themselves for the final demo day. During the final demo day, the Top 5 will stand a chance to win from a cash prize pool of RM25,000.

When do applications begin?Submissions can be sent anytime from the 11th of July to the 23rd of July. As long as you have met all the requirements, why not apply? Aspiring applicants have until 6.00 pm of the 23rd of July to register!

How do we join the ECX?Participants can fill in the application form that is provided in this landing page. Please take note that this programme requires the shortlisted company a financial commitment of RM3000. However, there is no payment during the application period. Participants must be able to commit throughout the 3 months program.

As part of the application process, applicants must also send:

1. A copy of their latest company profile (maximum of 20 pages)
2. 60 seconds video on why you want to be part of ECX 2023.

Are there any fees?There is no payment for registration to join ECX 2023.

However, selected companies that are qualified to participate in the Final Demo Day during the Selangor Smart City and Digital Economy Convention (SDEC) 2023 are required to pay RM3,000 as a financial commitment, and top winners stand a chance to participate in the international outreach expedition.

Overall, the benefits and perks given as part of the programme are worth more than RM3,000 (mentorship, pitching clinics, one-to-one office hour consultation, workshops) – and they are all for you!

Who can join ECX?The Programme is open for all traditional businesses and SMEs incorporated in Malaysia. The Programme is targeted to SMEs in the Food & Beverages, Home Living & Home Appliances, Fashion & lifestyle, Health Beauty & Wellness, Education & Learning industry including but not limited to only these industries as long as they meet the entry criteria. Limited to 30 shortlisted companies only.

What are the requirements?Companies must be:

1. SSM registered company

2. Applicants must be the founder or co-founder of the company

3. Company with minimum of one audited financial year

4. Incorporated less than seven (7) years

5. GMV between RM500,000 to RM10,000,000 yearly

6. Must operate on online platforms

7. Sell products to end users only (B2C)

8. Able to commit throughout the 3 months program

Are we allowed to submit more than one application?Yes. However, do take note that only one (1) application will be selected in the event of multiple applications.

When/how will we be notified if our company makes the shortlist?The 30 shortlisted companies will be notified via email and SMS.

We still have some questions about the ECX. How can we get more details?Feel free to contact us at +60 12-353 6550 or email ecommerce@sidec.com.my. We will get back to you as soon as we can!

Unleashing the Future of E-Commerce

Contact us:

  • 012-3536550
  • Firman Firdaus
  • e-commerce@sidec.com.my