Retail-X
2025
Powering Retail Through Technology
Interested in joining next year’s cohort? Register your interest now and be part of an exciting journey!
Retail-X focuses on digital-first retail solutions, from AI-powered personalisation to omnichannel strategies and live shopping experiences.
With 12 business workshops and 3 pitching modules, founders are equipped with practical strategies to scale sustainably in a competitive market.
Finalists gain access to venture capitalists, retail partners, and international exposure, including a global business trip and prizes worth RM300,000.
Alumni of ECX include brands with valuations exceeding RM100 million, retail chain expansions, and successful crowdfunding rounds. Retail-X continues that trajectory with deeper market and investor integration.
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The Selangor Retail Tech Xccelerator (RETAIL-X) is a 12 weeks accelerator programme designed to empower 30 promising Malaysian SMEs through strategic mentorship, workshops, pitching clinics, and exposure. RETAIL-X prepares participants to scale, digitalise, and optimise operations using retail technologies.
Top 10 companies will be crowned winners and stand a chance to win from a cash prize pool of RM50,000, announced during the Final Demo Day.
This programme is part of a strategic initiative by the Selangor State Government and organised by Sidec to future-proof local retail SMEs and support the growth of purpose-driven and socially impactful brands.
Applications open from 5 June to 27 June 2025, and will close at 6.00 PM on 27 June 2025. Early submission is encouraged!
You may apply through the application form provided on the landing page.
Shortlisted companies will be required to commit RM6,480 (inclusive of 8% SST) as a participation fee. There is no payment required during the application stage. However, shortlisted companies must be able to commit to the full programme duration.
Applicants must also submit:
1. A copy of your latest company profile (maximum 20 pages)
2. A 60-second video on why you want to be part of RETAIL-X
There are no fees for registration.
However, shortlisted companies must commit a one-time participation fee of RM6,480 (inclusive of 8% SST) to access all programme perks.
The value provided through RETAIL-X far exceeds the participation fee. Participants will gain access to:
- Dedicated mentorship
- Business coaching & branding
- AI tools & cloud services
- Tech & marketing consultancy
- Exclusive partner offers
- Workshops & events
- Innovation trips & industry visits
- Media coverage & fundraising opportunities
- Feature spotlight & conference passes
- 1-year hot-desk space at Selangor Sandbox (PFCC) for up to 2 employees
💡 Total perks worth RM300,000 – covering retail transformation, visibility, and growth.
Open to traditional businesses and SMEs incorporated in Malaysia.
Industries include (but not limited to):
- Food & Beverages
- Home Living & Appliances
- Fashion & Lifestyle
- Health, Beauty & Wellness
- Purpose-Driven & Social Impact Brands
Limited to 30 selected companies only.
Companies must be:
1. Registered with SSM
2. Founded by the applicant (must be founder/co-founder)
3. Incorporated less than 7 years
4. Minimum of 1 audited financial year
5. Annual GMV between RM1 million to RM10 million
6. Must operate on online platforms
7. Sell products to end users (B2C)
8. Able to commit throughout the 4-month programme
Yes. However, only one application will be selected in the event of multiple submissions.
You’ll be notified via email and SMS if your company is selected.
📞 Call or WhatsApp us at +60 19-352 4921
📧 Or email: [email protected]