KUALA LUMPUR: SunwayBhd 's innovation arm, Sunway Innovation Labs (Sunway iLabs), has announced the top five startups from its one-month pre-accelerator phase of the 2021 Sunway iLabs Super Accelerator programme.
The accelerator programme, kicked off together with Pan-Asian venture capital firm Gobi Partners last month, was completed with 23 startups in a pitch competition to a panel of judges.
The top five startups of this third cohort come from various industries, specifically agrifood technology, fintech, property technology (proptech), and travel and hospitality technology.
The top five startups are Loop Foods, Rent Guard, Singular, Trabble and Wise Crafters.
Sunway Group chief innovation officer and Sunway iLabs director Matt Van Leeuwen is excited to work closely with the selected top five startups, which show great growth potential as well as alignment with Sunway business divisions and environmental, social and corporate governance (ESG) goals.
"One of the key criteria we adopted in selecting the top startups included social impact and sustainability, which we continue to measure as a metric of success.
"We look forward to supporting these founders in their entrepreneurial journey to grow their company through the mentors, market access and funding as part of our iLabs Super Accelerator Programme," he said in a statement today.
Sunway iLabs facilitated over 60 hours of introductions to Sunway's business divisions, coaching and mentoring the startups throughout the one-month pre-accelerator phase.
Local entrepreneurs and business experts like Naluri chief executive officer (CEO) and founder Azran Osman-Rani, Dropee CEO and founder Lennise Ng, and LAW Partnership Partner Raphael Tay shared their experiences and advice to the 23 participating startups.
Gobi founding partner and chairman Thomas G Tsao congratulated the five companies who have been selected for the 2021 Super Accelerator.
"These impressive founders are poised to take Malaysia and Southeast Asia by storm with their innovative ideas and unique ways of solving everyday problems.
"Gobi is looking forward to supporting their growth for the next three months and beyond," he said.
In the next three months of the Super Accelerator programme, Sunway iLabs will help the selected top five startup founders connect with Sunway's global network of partners, industry experts, mentors and investors.
The startups will work closely with the Sunway iLabs team to run an impactful pilot project to validate the product with one of Sunway's business divisions and tap into Sunway's regional market access of small and medium enterprises (SME), residents, students, and employees, among others.
The startup founders will also continue to receive mentorship and guidance from industry and technical experts.
At the end of the three-month Super Accelerator programme, the startups will present their innovations and traction to potential investors through a final Demo Day.
NST Business
KUALA LUMPUR: SunwayBhd 's innovation arm, Sunway Innovation Labs (Sunway iLabs), has announced the top five startups from its one-month pre-accelerator phase of the 2021 Sunway iLabs Super Accelerator programme.
The accelerator programme, kicked off together with Pan-Asian venture capital firm Gobi Partners last month, was completed with 23 startups in a pitch competition to a panel of judges.
The top five startups of this third cohort come from various industries, specifically agrifood technology, fintech, property technology (proptech), and travel and hospitality technology.
The top five startups are Loop Foods, Rent Guard, Singular, Trabble and Wise Crafters.
Sunway Group chief innovation officer and Sunway iLabs director Matt Van Leeuwen looks forward to working closely with the selected top five startups, which shows great growth potential and alignment with Sunway business divisions.
"We look forward to supporting these founders in their entrepreneurial journey to grow their company through the mentors, market access and funding as part of our iLabs Super Accelerator Programme," he said in a statement today.
Sunway iLabs facilitated over 60 hours of introductions to Sunway's business divisions, coaching and mentoring the startups throughout the one-month pre-accelerator phase.
Local entrepreneurs and business experts like Naluri chief executive officer (CEO) and founder Azran Osman-Rani, Dropee CEO and founder Lennise Ng, and LAW Partnership Partner Raphael Tay shared their experiences and advice to the 23 participating startups.
Gobi founding partner and chairman Thomas G Tsao congratulated the five companies who have been selected for the 2021 Super Accelerator.
"These impressive founders are poised to take Malaysia and Southeast Asia by storm with their innovative ideas and unique ways of solving everyday problems.
"Gobi is looking forward to supporting their growth for the next three months and beyond," he said.
In the next three months of the Super Accelerator programme, Sunway iLabs will help the selected top five startup founders connect with Sunway's global network of partners, industry experts, mentors and investors.
The startups will work closely with the Sunway iLabs team to run an impactful pilot project to validate the product with one of Sunway's business divisions and tap into Sunway's regional market access of small and medium enterprises (SME), residents, students, and employees, among others.
The startup founders will also continue to receive mentorship and guidance from industry and technical experts.
At the end of the three-month Super Accelerator programme, the startups will present their innovations and traction to potential investors through a final Demo Day.