Cyberjaya,Malaysia Calls For Smart City Innovators
Those who like nothing better than to get the adrenalin pumping through tight deadlines will love that fact that there are less than 24-hours to go if they want to get into the 14th Cohort of the Cyberview Living Lab Accelerator (CLLA) programme. That’s right, the deadline for one of the country’s best accelerators, that counts TheLorry, Billplz, JomParkir and MedKad as alumni, is today at 11.59pm.
Launched by Cyberview Sdn Bhd (Cyberview), the Tech Hub Developer of Cyberjaya in 2013, the CLLA is once again looking for Malaysia’s innovators of tomorrow by inviting startups to apply.
Since its inception, the CLLA has helped startups to raise over US$20.3 million (RM87 million) in total investments and generated more than US$50.8 million (RM218 million) in total revenue.
According to Shafinaz Salim, Head of Technology Hub Development Division, Cyberview, “We champion Cyberjaya as a vibrant Global Tech Hub and the centre of Malaysia’s tech innovations. The CLLA underscores Cyberview’s firm commitment to strengthen and empower the local tech startup scene. Selected startups will be given the opportunity to participate in an intensive 5-month programme that enables them to develop solutions enriching Cyberjaya’s smart city offerings.”
The programme is actively seeking startups in the fields of Financial Technology (FinTech), Internet-of-Things (IoT), Robotics & Artificial Intelligence (AI) and Retail Technology. With Cyberview’s new masterplan to revitalise Cyberjaya, three tech clusters – Smart Mobility, Smart Healthcare and Digital Creative – have been identified to be the future pillars of the smart city. Startups focusing on these areas are highly encouraged to apply.
With 20% of Cyberjaya’s total population being early tech adopters, CLLA participants are not only presented with the opportunity to test and pilot their offerings within the smart city of Cyberjaya, but can also leverage on the network of investors and industry players. Participants will be provided with resources, facilities, mentorship, networking and market access opportunities that are worth more than RM100,000 and will be based in Colnnov8, a smart city collaborative space provided by Cyberview.
Upon completion, the startups can either pilot their solutions and technologies or immediately proceed to execute their go-to-market strategies such as market access, sourcing for additional funding, or commercialisation. This can be done with stakeholders in Cyberjaya who are looking to transform their businesses digitally in order to adapt to today’s changing world.
“Clearly, tech startups have a bigger role to play now more than ever. We believe that the current situation with Covid-19 is an opportunity for startups to present their innovative ideas as market solutions. Participants will benefit from our unique and conducive demand-led approach as the CLLA will help them accelerate the process of finding the right market fit, mentorship and formulate stronger business strategies. They will also gain valuable access to networks of investors, government agencies, corporations and ecosystem partners for strategic partnership and collaboration,” Shafinaz added.