Cyberview’s Living Lab Accelerator (CLLA) Programme has chosen eight homegrown start-ups under the pillars of Smart City that consist of Smart Living, Industrial IoT and Digital Solutions.
The innovators that outpitched their peers in the application phase that form the 17th cohort are Ever AI Technologies, ProSales, Mesolitica, Favoriot, LekirTech, Beebag, HappyPreggie, and Smartoptz Technology.
These companies will undergo a five-month programme that offers them support to research, develop, pilot, and commercialise products and solutions.
The goal is to accelerate the pathway of companies into achieving a Product-Market-Fit. The 2023 cohort is focused on developing digital solutions that are largely powered by artificial intelligence (AI), including the AI-powered language model, ChatGPT, and Internet of Things (IoT), among others. Their products and solutions are designed to serve various sectors, including property, retail and healthcare, targeting businesses and consumers.
The CLLA programme supports start-ups in fast-tracking the development of solutions and products before commercialising them in the market. The resources provided by Cyberview are valued at over RM100,000 for each company. This includes a rent-free workspace at Colnnov8 – Cyberview’s collaborative co-working space, resources, business advisory, and hands-on mentoring to help equip startups with viable business models and market access opportunities.
At the end of the programme, these startups will have the chance to showcase their final products for investment and partnership opportunities during a Demo Day to government agencies, corporate partners, venture capitalists, and the media.
The CLLA programme is one of the longest-running accelerator programmes in Malaysia, having nurtured over 90 start-ups, out of which 70% are still active, with an investment into the startup ecosystem of exceeding RM6 million over the past decade. Past CLLA members have collectively attracted RM256 million in investments and significantly have collectively impacted the economy with the creation of more than 1,400 jobs. Among successful alumni of the programme include TheLorry, Billplz, Supagene, MedKad, Pandai and ERTH.
And in showing recognition to Cyberview’s Living Lab alumni, including the eight new members, the start-ups will be showcasing their businesses at the upcoming InnoEx by Cyberview, a multi-layered gathering of industry pioneers, thought leaders’ entrepreneurs, technology enthusiasts and the community in celebrating the infinite possibilities of innovation and technology Cyberjaya has to offer. The event will be held from the 6th to the 9th of September RekaScape, Cyberjaya.
