KUALA LUMPUR: Shell has awarded five enterprises as grand winners of Shell LiveWIRE Malaysia 2022 in the national finals.
It was Shell's first time in running this entrepreneurship development programme at a national level.
The winners are BeeBag, manekNya, Qarbotech, Hong Xin Food Sdn Bhd and Satok Bridge Area Consulting Engineers Sdn Bhd.
They were among the 15 finalists selected from 180 entrepreneurs who participated in last year's Shell LiveWIRE programme.
These 15 finalists went through a week-long intensive incubator workshop in three locations, followed by a three-month LiveWIRE national accelerator programme in preparation towards the final pitching competition.
Shell said the entrepreneurs were assessed based on their business pitches that demonstrate their drive to grow their business ideas based on their comprehensive business model, team capabilities, and business traction.
"Shell LiveWIRE programme provides the opportunity for entrepreneurs to connect with the global LiveWIRE ecosystem, which can direct them towards further developing their businesses and contributing towards the socio-economic development of the nation.
"I truly encourage our entrepreneurs to leverage on this," said Shell Malaysia country chair and Upstream Malaysia senior vice president Siti Sulaiman.
The winners received a start-up fund of RM30,000 each and the opportunity to connect with the global LiveWIRE ecosystem and share their knowledge with entrepreneurs around the globe, while standing a chance to compete in the annual Shell Global Top 10 Innovators Awards.