All Malaysians between the age of 18 – 35 who own a business or an idea to run a business.

The accelerator program is open to all early-stage startups and medium stage startups all across Malaysia.

The Penang Start-Up Accelerator Program is the first accelerator program conducted under PYDC that targets 30 local high-potential startups by providing an intensive 6-months programme. Qualifiers will receive thorough training by the program to be an investor-ready company from idea validation to growth stage. Get access to fully funded local and overseas corporate field trips, pitching clinics, upskilling sessions and seize opportunities to pitch to investors and funders!

The Program is conducted virtually for workshops and a physical pitching session to investors on demo day.

Deadline for the submission of application is 12am (midnight) on 30th April 2022.

We are open to all industries and businesses.

Yes. As long as there is a member who is below 35 years old and the team members who are involved in the Demo day investor pitchings are below 35 years old.

As long as the student members could prove their validity. The registration fee will automatically be charged at student price rate of RM250.

We are open to founders who submit their ideas and businesses. The limit of applications under the same person in our system is capped at a maximum of 2 startups.

It is compulsory to have at least 1 team member to attend the sessions throughout the 8 workshops.

Yes. Please update us through email for all changes and updates after the registration.

All participants are judged through the following:

• Founder’s profile
  Leaders will be tested on their abilities to think logically and act fast.  We are seeking founders who have the calibre and foresight to achieve multiple objectives and handle any given obstacles efficiently. It is worth noting that participants do not only need to be academically focused, but they will need to possess “street smart” capabilities in business management and decision-making.
• Market strategy
  Products or ideas created will need to fulfill market trends and modern needs. Participants are required to conduct their own research and analyze consumer behaviour and product insights. A winning business strategy is one with comprehensive support and understanding. 
• Corporate outlook
  Establishing an independent organization with clear values, identity and philosophy would inspire trust and confidence in others. From manufacturing to distribution, a cooperative team is crucial in piecing together a functioning product or service. Quality work is oftentimes segregated to reliable and responsible team members. 
• Investor roles
  A comprehensive foolproof investment plan would be required to justify the allocation of funds and resources. For participants, gaining an investor’s interest and confidence might be their biggest challenge yet, but this will ultimately generate reflective opinions and constructive suggestions to further improve business pitch.

The top 3 startups will be awarded with investment opportunities of up to  RM1,000,000. 

*terms and conditions applies*

Yes. We welcome all startups to join and benefit from the workshops to further upskill yourself. Get yourself ready and shine throughout the pitching sessions up to demo day.

All fees paid to the organizer are non-refundable in the event the participant fails to attend two(2) sessions of the prescribed classes/workshop (whether consecutively or on separate occasions) unless the participant obtains written permission from the organizer to be absent.