Sidec publicizes Prime 16 chosen for first Selangor Trend Accelerator

• Covers modules reminiscent of pitching, product-market-fit, model identification
• Assist create sustainable ecosystem for expertise in modest vogue sector

Realising the necessity to embrace the style business as a part of digitalising native SMEs and startups, Selangor Info Know-how and Digital Financial system Company (Sidec) introduced their Prime 16 candidates for his or her first-ever Selangor Trend Accelerator 2022.

In a multi-racial nation like Malaysia, the style scene has modified dynamically as we witness the evolution of the Malaysian modest vogue into what it’s at this time. This 2-month intensive programme seeks to assist Malaysian startups and SMEs create a sustainable ecosystem for expertise within the modest vogue sector by providing participating experiences that can elevate model consciousness within the market and which is able to embody specifically curated workshops and mentoring periods led by famend vogue professionals. Moreover, the programme additionally gained main assist from Malaysia’s well-known music icon and businesswoman, Siti Nurhaliza and different notable vogue entrepreneurs like Rasta Rashid, Leslie Variyan and Wong Lee Leng.

“Since there aren’t many accelerator programmes completely for the style business, Sidec is stepping as much as assist rising vogue companies in rising their income and funding prospects. Giving enterprise house owners an opportunity and platform to share their concepts and creativity is a element that motivates these entrepreneurs to be daring and assured about what they wish to discover and current,” stated Yong Kai Ping, CEO of Sidec in his welcoming remarks.

Performed through a hybrid class type (on-line and offline), the programme covers modules reminiscent of pitching elementary talent, product-market-fit, model identification or model DNA, innovation of textile, fundraising sharing session and IP/trademark.

The 16 shortlisted entrepreneurs will get entry to advantages reminiscent of RM948 price of SQL account, RM588 price of SQL payroll, RM600 price of Sprii Commerce Mild & Simple Package deal and Pingspace starter package deal.

All 16 candidates will obtain coaching from 1 August to 23 September, and solely six will probably be chosen to pitch to traders and business companions on the Demo Day, which is able to happen on 8 October 2022 at [email protected] 6, together with the seventh Selangor Good Metropolis and Digital Financial system Conference (SDEC).

Winners might obtain potential funding alternatives from The Hive Southeast Asia and Permodalan Negeri Selangor Bhd (PNSB).