Malaysian startup accelerator looks for potential in 14 cities

THE Malaysian Global Innovation & Creativity Centre (MaGIC) has just launched the second batch of its Global Accelerator Program (GAP).

Started with a mission to build a strong startup community in Asean, MaGIC’s program aims to accelerate global startups to be investment-ready in four months.

In addition to mentoring, GAP will provide direct access to its ecosystem consisting of startup benefit partners such as Microsoft and IBM, and community partners such as GoWork and CrowDo.

GAP’s ecosystem also includes route-to-market partners such as Accenture and Maybank, program marketing partners such as DBS and 99Designs, and government agency partners such as the National Innovation Agency Malaysia and the Malaysia Digital Economy Corporation.

To find the right startups to join its program, the GAP team will be traveling to 14 cities to share more insights into the programme and how it will help startups scale their business in Asean.

Aside from Kuching, Johor, Penang, and Cyberjaya, the team will visit Manila, New Delhi, Jakarta, Bangalore, Singapore, Bangkok, Taipei, Ho Chi Minh, and Hong Kong.

Last year, GAP was ranked as one of the top ten most active accelerators in the world. It was also recognized as the Best Accelerator Programme by Asean Rice Bowl Startup Awards and Malaysia Rice Bowl Startup Awards.

MaGIC is looking for startups that have validated their ideas or launched a product/prototype with some traction, and have the potential to scale in the Asean region.

Ideal startups, according to the GAP team, would be less than three years old and focused on the Asean market.

If you’d like your startup to be considered, head over to their website now. Applications to the program will be accepted until March 26, 2018.

The program has contributed to the success of startups across Asia. Last year’s success stories include 42Race, 100Comments, AllizHealth, BiiB, Bookyboo, CanLaw, and CarinMED.

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