Sunway Innovation Labs (Sunway iLabs) has launched the 2021 Super Accelerator programme, a four-month programme for startups seeking to deliver innovative solutions focusing on six key verticals – Smart Cities, Agrifoodtech, Edutech, Digital Health, eCommerce, and Fintech.
The 30 selected startups will go through a one-month pre-accelerator to assess their fit. After which, only the top five start-ups will be selected to join the three-month accelerator programme.
The five selected startups up will be provided up to RM 100,000 of seed funding in two tranches upon their graduation and achievement of agreed milestones.
The startups will have access to resources across Sunway’s 13 business divisions and global ecosystem partners as well as Sunway City Kuala Lumpur’s thriving ecosystem as a testbed to conduct pilot projects and scale up their solutions.
During the programme, the startups will also have direct access to student talents and experts from Sunway University as well as access to tech talent from 42KL, a revolutionary French tech coding school.
This is in line with Sunway’s vision to position Sunway City Kuala Lumpur as a living laboratory bringing in experts to generate sustainable, real-world solutions for the future urban spaces towards the betterment of the environment and humankind.
“With Sunway iLabs team acting as catalysts, the Sunway ecosystem is a launchpad for start-ups to test, validate and scale their businesses with corporate and academia support,” Sunway iLabs director Matt Van Leeuwen said.
“Due to the Covid-19 pandemic, the world has deeply changed in the past year. We’re excited to have our second batch of Super Accelerator and we are looking forward to see what start-ups can bring to the table this year,” he added.
Gobi Partners Chairman and Founder, Thomas G. Tsao looks forward to supporting the 2021 batch of start-ups whom he believes are going to be more focused, innovative and resilient – having been tested in the crucible of Covid-19.
“There’s an old saying, ‘What doesn’t kill you makes you stronger’ so I can’t wait to meet this year’s batch of startups. Any entrepreneur that could survive the pandemic of 2020 is the toughest of the tough,” Thomas said.
Gobi Partners Malaysia Managing Director Jamaludin Bujang said, “With Gobi as a partner for this program, early-stage startups will be able to gain direct VC access for product feedback, regional networking, as well as the potential for follow-up funding, without having to stretch their resources.”
The top start-ups of the Super Accelerator programme’s first cohort in 2020 were CozyHomes, Ento, Fitscovery, JuzDrive, and Quadby.
Registration opens from April 15 to June 15. To register or for more information, visit http://sunway.my/superaccelerator2021