Selangor Digital Creative Centre was awarded the Digital Hub status by Malaysia Digital Economy Corporation (MDEC), and was announced 28 November in a press conference in Shah Alam. It was attended by Dato’ Menteri Besar Selangor, Tuan Amirudin Bin Shari; Selangor State Exco, Dato’ Teng Chang Khim ; Chief Operating Officer (COO) of MDEC, Dato’ Ng Wan Peng, Chief Executive of SITEC, Yong Kai Ping, and Mr. Norhizam Kadir, VP Growth Ecosystem Development of MDEC.
SITEC was established by the Selangor state government in 2015, to uplift the startup ecosystem and develop Selangor as the regional trading centre for e-commerce. It also manages Selangor Digital Creative Centre (SDCC), an 11,000 sq.ft. incubator and co-working space.
The Malaysia Digital Hub is an initiative by MDEC that supports tech and digital co-working spaces, their startups, and communities to connect to ASEAN and global digital ecosystem. Only six other co-working spaces have been awarded this status in Malaysia.
SITEC, through its activities and offerings, have met all six of MDEC’s criteria to be a Malaysia Digital Hub, such as having pervasive high-speed broadband and fiber connectivity; be a conducive environment for startups; have available a key anchor of the internet economy; organise talent development programmes; provide funding opportunity and facilitation; and a ‘cool’ environment conducive to the startup culture with adequate lifestyle amenities.
Besides SITEC, two other SITEC partners also recently achieved accomplishments. The Malaysia Digital Maker Hub status was awarded to SITEC Maker partner Arus Academy, who runs the Maker Space in the SDCC. The makerspace is a multipurpose resource room for digital making, and enables educators, students and industry experts to reach out, share resources and build collaborations.
Additionally, the coveted Alibaba Business School Training Partner status was awarded to SITEC education partner Mystartr. The first class commenced in October 2018, and will carry on into 2019, covering three specialized courses in e-commerce, entrepreneurship and digital marketing.
“Being recognised as a Malaysia Digital Hub means that SITEC will be able to accelerate startups in Selangor to grow and scale through facilities such as funding, mentorship as well as industry visits,” said SITEC chief executive Yong Kai Ping.
SITEC has nurtured 425 brick and mortar SMEs with sales volumes of RM10 Million yearly, while 50 Startups has been accelerated over the past three years through the Selangor Accelerator Programme, the StartupQuest Selangor programme, as well as the Smart City Hackathon.
In September this year, SITEC took the top 10 startups of the Selangor Accelerator Programme to China, to pitch in front of China Venture Capitalists and Startups. The livestream of the pitching event in Hangzhou, China received an enthusiastic response to the tune of 1 million views.
SITEC has also organized three Smart City and Digital Economy conferences and three Cross-Border E-Commerce Conferences, touching base with thousands of industry player sas well as government agencies.
For a detailed list of Malaysia Digital Hub status benefits, hop on over HERE.
Source: Sitec News