10 Innovative Startups Shine At MYStartup Accelerator Demo Day, 6 Startups Secure Investments Up To RM750K
Summary
The top five (5) startups will also stand a chance to join MYStartups exclusive Market Access Programme, providing them opportunities to explore potential market expansion, build international business connections, and scale their ventures beyond borders.The top five (5) startups, each bringing home RM10,000, are as follows: Nakngaji: Nakngaji connects Quran learners with expert teachers, offering a fast, transparent, and flexible platform for online or in-person education. We are deeply invested in the growth and success of the startups we support, offering not just funding but also invaluable mentorship from seasoned investors. Our accelerator programme acts as a bridge, connecting promising startups with investors and mentors who understand the challenges and opportunities of scaling businesses. These startups have undergone a rigorous business development process throughout the programme, with the previous cohort achieving a record-breaking 250% average annual revenue growth.Syamil Yusoff, CEO and Co-Founder of Nakngaji, stated that the funding, networking opportunities, and mentorship gained through the programme are crucial to achieving the companys next milestones. We hope to learn more from industry experts and leverage their insights and experiences to grow our business on a global scale successfully, added Syamil.Launched in 2022, the MYStartup Accelerator is a programme under the MYStartup initiative by the Ministry of Science, Technology and Innovation (MOSTI), powered by Cradle.