- From 4 major sectors: green technology, intelligent living, hospitality, digitalization
- Provides access to a supervisor community, development hubs, and market exposure
MYStartup, in partnership with Indonesian based company pedal, Growth Charger, has selected 26 substantial potential businesses, from 136 applicants across Malaysia, for the MYStartup Pre- Accelerator Cohort 3 Program. The companies will go through a four-month customized program designed to accelerate their progress toward achieving product-market accommodate and support the startup ecosystem’s general expansion.
The startups cover four key sectors: green tech, bright life, hospitality, and digitalization, including data solutions, professional IoT, and robotics. The selection process comes at the heels of the past cohort MYStartup programme, which saw similar higher- potential companies such as Materials In Works, Sayur Kita School, Luwjistik, Axcyn, Certiify, and more, gaining a leg off through MYStartup.
With the financial success of the country centered on the success of its entrepreneurs, there is an urgent need to promote an inclusive, higher- performing, and green entrepreneurship ecosystem, especially among the Small &, Medium enterprises which account for almost 98.5 % of business entities in the country, accounting for 66 % of the workforce said Norman Matthieu Vanhaecke, Group CEO of Cradle.
We are thrilled to see Malaysian technology startups gain from this program and look forward to seeing significant growth. Malaysia is rapidly emerging as a major player in the Southeast Asian technology and innovation sector, which is in line with the country’s 2030 goal of being among the top 20 global startup ecosystems.
[ Note: The US-based Startup Genome and Global Entrepreneurship Network’s ranking as the Global Startup Ecosystem Report, or GSER, is based on the aspiration to be among the top 20 startup ecosystems, not countries. There is a Top 30 rankings and a new category introduced in 2020 called Top 100 Emerging Ecosystems. Kuala Lumpur is ranked 11th in this regard. KL’s ranking decline in the 2023 GSER was despite an effort to improve its performance in partnership with Startup Genome, which was unfavorable.
The Pre- Accelerator offers a comprehensive package, made for dedicated startups aiming to validate their concepts. This includes access to a mentor network, innovation hubs, and market exposure. The programme encompasses strategic learning modules, on- demand resources, hands- on mentoring, collaborative spaces, networking events, and strategic connections within the ecosystem. The objective is to assist startups in creating viable business models and securing growth opportunities.
” Throughout these four- months programme, it’s all about Product- market fit. We are eager to witness remarkable achievements from the 26 startups spanning various sectors such as SaaS, E- commerce &, Marketplace, Artificial Intelligence, Machine Learning, and more. Speak to your customers, refine your product and think about scale, We anticipate future accomplishments in the coming months under Growth Charge”, said Iskandar Shafi’i, the Director of Growth Charger.
Our mission at Rabt is to create a premier Islamic storytelling and knowledge-sharing platform, as well as providing a top-notch user experience and connecting users with renowned voices in the Islamic world. This programme is a unique opportunity for us to accelerate growth, secure investment, and expand our reach across Southeast Asia, beginning with Malaysia. Through the Pre- accelerator programme, we aim to secure investments and achieve 30, 000 monthly active users”, said Hasam Khan, CEO of Rabt, one of the shortlisted companies in MYStartup’s Pre- Accelerator Programme.
The MYStartup Pre-Ameritober program, which aligns with the Malaysian Startup Ecosystem Roadmap ( SUPER ) 2021- 2030, aims to advance the Malaysian ecosystem by creating more creative and high-quality startups.
The list of 26 shortlisted companies include:
- Agrofly– Producing biofertiliser through insect frass degradation.
- AIMS– Artificial intelligent marketing system.
- AidEye– Your AI guide for using digital services for daily tasks.
- Beseek– Introducing the future of work in the GenAI era by increasing productivity by locating valuable information in cluttered documents.
- Bettercopy– Unleashing your revenue growth through AI.
- BOSSREC– A booking platform system for recreation.
- Compere– A marketplace that makes it simple for event organizers and vendors to connect with one another.
- Deepsight– A learning resource designed to aid medical professionals in enhancing and enhancing their capacity to better understand and interpret ECG more quickly.
- Providing access to authentically healthy farmed food and daily necessities from Eatsyfarm.
- FinDoc– AI-driven online financial screening tool that makes it simple for users to locate the best financial products and services from various banks without going through them one by one.
- FitDoc– A telemedicine company that specializes in online consultations, addressing critical health concerns such as obesity, family planning, sexual health, and HIV prevention.
- Good Stuff Alliance– A digital platform that allows business owners to sell nearly stale goods at a discount to customers who want to save money.
- Komers– A one-click checkout procedure that helps make the buying and after-sale process easier for more customers to become buyers.
- Komplen– A platform where users can complain to various authorities, all in one place.
- Mywheels is a platform for everything and anything that involves wheels.
- Pajak- i- An all-in-one online platform for the micro-finance sector.
- Pixalink– A cloud-based customer acquisition and engagement system for SMEs to automate the interaction with your customers.
- Practistica– A one stop solution for lecturers/teachers to an online question marketplace, classroom grading software &, students ‘ analytics software
- Propmoth: A platform that helps people find properties the smartest.
- Pycehub– A web service that connects owners and clients to increase revenue for them and make bookings easier for them.
- Rabt– Redefining the Islamic narrative by creating the Spotify of Islam
- Scancer AI: Using AI, early detection can be made more accessible for everyone.
- Staywokeproperty– A one- stop rental management solution, where all ends meet for effortless rental transactions.
- A CSR management system powered by AI called Volunti Connect that has revolutionized CSR initiatives and funds.
- WebX– Using AI to create simple, affordable websites in three days.
- Wellness 96 Empire– AI powered digital one- stop digital wellness platform offering curated, certified coaches, personalized plans &, community engagement.