MYStartup Pre-Accelerator seeks startups to join Cohort 4

• Call for pre-seed, early stage startups, applications open until 23 June
• Watchtower and Friends accelerator to deliver the June to Sept programme

MYStartup, in partnership with the Malaysian startup accelerator Watchtower and Friends (WTF), announces the return of MYStartup Pre-Accelerator programme, with applications now open for its fourth iteration. Applications are open until 23 June for pre-seed and early-stage startups from various sectors with a focus on technology-led solutions.

The pre-accelerator programme will take place from June through Sept where the selected startups will undergo a tailored module aimed at fast-tracking development and scaling growth. Startup founders will gain access to a wealth of resources, including world-class mentorship and outcome-based curriculum. Top 5 startups will also qualify for an intensive fundraising accelerator programme, providing them with all the support they need to succeed beyond the pre-accelerator programme.

The Cohort 4 Programme is meticulously designed to provide early-stage startups with a comprehensive learning experience over four months. With three sessions per week, each lasting three hours, the programme covers the following topics:

• Week 1: Founders’ Foundations - Aligning co-founder goals, crafting mission and vision statements, and using OKRs.
• Week 2: Business Model Canvas - Developing business models, customer profiling, and market analysis.
• Week 3: Minimum Viable Product (MVP) - Designing MVPs, resource specifications, and launch roadmaps.
• Week 4: Market Validation - Conducting validation research, gathering user feedback, and iterating MVPs.
• Week 5: Early-stage Fundamentals - Exploring valuations, funding, legal documents, and pitching techniques.
• Week 6: ESG for Startups - Understanding Sustainable Development Goals (SDGs), governance, and aligning startups with SDGs.
• This structured programme equips participants with the essential knowledge and tools to build and scale successful startups.

An initiative by the Ministry of Science, Technology and Innovation (MOSTI) and spearheaded by MYStartup, the pre-accelerators programme plays a crucial role in the Malaysian startup economy, bridging the gap between innovative ideas and viable businesses to foster a culture of entrepreneurship and innovation.

The fourth instalment comes on the heels of the achievements seen in the previous cohort, with startups such as Deepsight securing a grant amounting to US$21,195 (RM100,000), successfully launching its product on Google Play and the App Store, as well as inking strategic partnerships. Additionally, startups like Rabt, PropMoth, and PyceHub are in talks to securing potential investments with an estimated value of US$318,000 (RM1.5 million), cumulatively.

Startups interested in participating in the MYStartup Pre-Accelerator Cohort 4 are encouraged to apply now. Don't miss the opportunity to be part of a programme that can propel your startup to new heights.

The deadline to apply is 23 June 2024. Apply here.