Huawei Spark Malaysia 2022 – Startup Accelerator Programme

Huawei – a competition which aims to incubate and accelerate company growth and build an ecosystem for businesses in the Asia Pacific (APAC) region – is set to make its second debut after its first successful round that culminated last year.

Named Huawei Spark Accelerator 2022 and organised by Huawei Malaysia, this competition aims to incubate, accelerate and boost the innovation of startups as well as deep tech companies in Malaysia, the company said in a statement.

With an initial focus on firms that use 5G, artificial intelligence (AI) / machine learning, analytics, Internet of Things (IoT), edge computing and software-as-a-service (SaaS) applications, Huawei said it has since expanded its area of interest.

This includes seeking to drive output in the areas of financial services and insurance solutions, healthcare, agriculture, education, tourism, marketplace solutions, AI, machine learning analytics as well as Web 3.0, whilst leveraging its technological and innovation leadership, Huawei said.

The competition is a hybrid accelerator for tech startups, partnering with NEXEA that is known for having experienced mentors and connecting startups with leading angel investors, it said.

This is done in collaboration with Telekom Malaysia Berhad, Malaysia Digital Economy Corporation (MDEC), Malaysian Research Accelerator for Technology and Innovation (MRANTI), Selangor Information Technology and Digital Economy Corporation (SIDEC) and Cyberview Sdn Bhd

Huawei said through the competition, startups that enter the Huawei Spark Accelerator will be able to obtain support in playing key roles and in defining the disruptive technologies of the future.

It said this competition will also be a step towards its aspiration to cultivate potential ‘Malaysian-made' startups to be new unicorns in the next two to three years.

It also said the collaborative effort behind the Huawei Spark Accelerator Programme 2022 is also in line with the Ministry of Science, Technology and Innovation's (MOSTI) Startup Development Roadmap Plan to have 5000 startup companies by 2025 including five unicorn companies.

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