20 companies have been selected for ScaleUp Malaysia’s Cohort 2 accelerator programme. These include Quadby, GenYouth, Hire.Seniors, ERTH, SMARTFUND, EzyOffice, Fefifo, and HATIO among others.
ScaleUp Malaysia officially launched the Cohort 2 of their famed ScaleUp Malaysia accelerator programme in October.
The programme attracted close to 200 applications in the 20 days it called for entries. Applications were put through a stringent and rigorous judging process with the final 20 shortlisted based on 5 principal criteria. While originating from Malaysia, the call for the application also attracted interest from startups in Belgium, Egypt, India, and Singapore.
“We have expanded the syllabus for Cohort 2 to empower all of you here throughout your transition from startup to scaleup. Looking beyond the direct benefits that you will attain from this accelerator, we are also placing greater emphasis on access to capital, global expansion strategies, and market access.
Which is why we have joined forces with Quest Ventures. In this new reality, we encourage all of you to be open and learn as much as possible from the program to catapult your business,” said Andre Sequerah, Managing Partner of ScaleUp Malaysia.
The 20 participating companies will undergo a three-month intensive deep business coaching through group-based training on product management, finance, strategic planning, valuation, market access, and more.
They will also be part of a month-long investor readiness bootcamp to prepare them for fund-raising before presenting their solutions to an Investment Committee at the end of the program.
“We are impressed by the mentality and dexterity of the startup founders we met in Scaleup Malaysia Cohort 2. We believe that many from Cohort 2 – besides the shortlisted – will be able to build scalable, multi-market going concern businesses. We are excited by their realisable potential,” said Jeffrey Seah, Partner at Quest Ventures.
ScaleUp Malaysia has also opened registration for startups to state their interest to participate in Cohort 3. For more information on ScaleUp Malaysia and to register your interest for Cohort 3, visit: https://www.scaleup.my/