YB Tuan Soon Lip Chee

Penang State EXCO for Youth and Sports

Starting start-up companies is not easy. It requires a lot of business knowledge like marketing, financial, networking and many more. With this accelerator program, the start-ups that participate will be taught all the knowledge they need and given the chance to expand their network.

Dr. Gwee Sai Ling

General Manager of Penang Youth Development Corporation

Penang Youth Development Corporation believes with the support of industry players, the young entrepreneurs will be equipped with the knowledge and skills that they need to know for them to enhance entrepreneurial spirit, and secure opportunity from potential investors.

Henry Tye

Founder of Big Domain and Colla Team

Henry Tye is the founder or Big Domain, Colla Team, and Domainplus(acquired). With a total of 21 years experience in IT, Technology, Coding, Corporate, Retail, MNC (DELL Technologies), cloud solutions and business, Tye was honoured to be appointed as DISTED College Industrial Advisor in year 2020 until 2022.

Kevin Yam

Managing Partner for Vincaps Capital Sdn Bhd

Kevin is a licensed financial planner with MFPC who started his profile revolving around corporate finances and gradually carving a name in fundraising for SMEs and startups. His work includes consulting corporates and SMEs on fundraising besides being appointed as CFO and advisors for businesses. He has a sharp eye for business trends and is known to be a hands-on leader of Vincaps Capital Sdn Bhd.

Who Are We?

Penang Startup Accelerator Program is the collaboration between Penang Youth Development Corporation (PYDC), Vincaps Capital and Big Domain. We believe in enabling startups and businesses to bring their ideas or business model to the next level by providing funding, network and state of art facilities available in Penang island.

What We Do?

To prepare the readiness of a startup in terms of business, founder, market and investor. Funding has been an important factor for every startup. 90% of startups fail because of money issues.

Our Goal

To get business founders and entrepreneurs to be ready for the market and investors. Subsequently, this will increase the competitive advantage of the founder via experience. As a result, this program would assist Penang State to seek the next potential unicorn across Malaysia.

Our Method

Mentorship

Workshops/Seminar

Date
Session
8th July 2022
Orientation
11th July 2022 – 15th July 2022
1st Engagement
18th July 2022 – 29th July 2022
Startup to work toward the goal
1st August 2022 – 5th August 2022
2nd Engagement- Feedback session
8th August 2022 – 19th August 2022
3rd Engagement
22nd August 2022 – 25th August 2022
Last preparation
26th August 2022
Final pitch deck submission
29th August 2022 – 6th September 2022
Pitching Clinic
9th September 2022
Finalist Announcement

  1. Malaysian aged 18-35 years old.
  2. A minimum of 1 person and up to maximum of 5 person in a team.
  3. Have workable business idea / existing business.

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FAQ

For Enquiry

Please contact Ms Samantha Tang:

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