Startup Accelerator Program Partnership Announcement
NEXEA Accelerator Partnership with Sunway iLabs & Sunway Education Group
Sunway iLabs Accelerator + NEXEA Accelerator is Supported By:
We are currently partnered with Sunway iLabs for our Accelerator program. We have combined strengths to bring Startups the best Mentors, support, funding, and many other benefits from partners like Sunway Group of companies, Google Cloud, and more. Do apply before Dec 31 2017 to secure an interview.
Apply for The Accelerator Program
Startup Accelerator in Malaysia & Southeast Asia
Accelerator Program for Startups in Malaysia & SEA
NEXEA Accelerator Program is a leading accelerator program in Malaysia, backed by successful mentors/investors who have done it and found success themselves. We push Startups to get invested by the end of the accelerator program by using our proprietary Startup Validation Methodology. The results are our portfolio of notable upcoming Startups who consist of notable Founders and market leaders.
We focus on creating value for Startups by providing our unparalleled NEXEA Startup Mentorship program into the Accelerator. Our mentors are actual successful Entrepreneurs and businessmen looking to give back to the entrepreneur community. Our mentors have created huge value via sharing their network, knowledge, and experience in their specific expertise and industries.
Startup Accelerator Program Details
How The Accelerator Works
This Accelerator in Malaysia is unique as it is not a regimented mass-education model Accelerator Program. We focus on few Startups that we believe we can create additional value with our successful mentors.
Equity for Mentorship, Partner Benefits, and Cash
The Accelerator provides Startups with Huge Partner Benefits, Cash and Mentorship during the program in exchange for 8% Equity. This was decided as a solution to the complexity in agreeing on the valuation of idea-stage Startups, so that we can get on with building great companies. It also acts as a transparent idea-stage funding deal for all our Accelerator Startups.
1+5 Month Accelerator Program
We guide Startups through a 1 + 5 month program with the goal that most Startups will be able to raise funds at the end of the program. This is done by improving traction, strategy, and the other fundamentals of a Startup with the guidance of mentors. We also have a strong focus on validating the market, product and revenue of the startup. Improving these attributes of any Startup sends the right signals for any Investor to be very interested in your Startup.
Accelerator Mentors in Malaysia
Our mentors are real businessmen that have exit/sold their business or currently run a public listed company. Most of them have experienced running a company from scratch to finish. Our mentors are also Angel Investors in Malaysia, so we are able to provide the best insights from the investment community.
Our mentors provide Startups with a network of CEO-level connections across Malaysia, huge knowledge & experience base, and intense, dedicated mentoring sessions.
Startup Accelerator Benefits
How Startups Benefit from the NEXEA Accelerator
The NEXEA Accelerator is designed for Startups to take full advantage of the mentors, partner benefits, and funding to create maximum growth and interest from Startup Investors.
Successful Business People as Mentors & Potential Investors
Google Cloud credits & access to legal resources worth over RM150,000
Access to Sunway University: Labs, researchers, experts, potential interns
Sunway Group as potential test bed
Free Access to Co-working space in iLabs
Direct link to Silicon Valley launchpad & investors
RM50k Cash to Test & Develop Startup
Startup Accelerator Benefits
The 3 Value Creation Engines of Our Malaysian Accelerator Program
Real Mentoring By Successful Businessmen & Angel Investors
Our angel investor network includes seasoned entrepreneurs that have experienced starting businesses from scratch and have succeeded in performing Trade Sales and IPOs. They seek to give back to the business community by sharing their knowledge. Some of them are angel investors in Malaysia, and the rest are in ASEAN.
Startup Foundation Consulting
Every skyscraper has a foundation. Our Startup Funding team consists of people experienced in the startup industry as well as specific business segments and management skills. We help guide our Startups to build a strategic and sustainable foundation to be able to grow fast and steady. Those guiding Startups are currently or were COOs, CFOs, CMOs, and Lawyers of successful businesses.
Access to Our Startup Technology Development Partner - Optional
Our Startup Technology Development team specialises in developing MVPs for Startups to be able to go to market at a lower cost. Our team consists of 3 IT experts who have built software for multi-national startups in the areas of AI/machine learning and big data. Now, they are helping Nexea Startups build the next big thing. We only develop for Startups that we have invested in.
Note: Most Idea-Stage Startups only need this after the accelerator program once we determine your exact processes and needs after validating the right business model to avoid wastage. This is a separate deal exclusively for our Startups.
Our Startup Fund & Accelerator Information Technology Partners
** Our Startups get access to more than US$155k in credits and more in form of support from our cloud partners
Our Startup fund provides Startups with help that allows them to test their technology with the help of tech giants. These benefits help Startups develop their MVP or even their full product on the cloud with full access to the latest IT infrastructure and platforms in the market today.
NEXEA Startups are eligible for $15,000 USD in Amazon AWS Promotional Credit for 2 years plus $5000 AWS Business Support for 1 year. This includes access to the AWS Technical and Business Essentials web-based (or instructor-led) training ($600 value per course) and 80 credits for Self-Paced Labs ($80 value)
NEXEA Startups are eligible for up to $20,000 in credit for 1 year. Credit can be applied to all Google Cloud Platform and Firebase products. Get invitations to Code Labs, classroom-style and online training courses to learn everything you need to scale your vision. Schedule 1:1 technical office hours with Cloud Platform Solutions Engineers. Up to 10 free users on G Suite Basic for 12 months. 6 months free of Hire by Google to recruit faster.
NEXEA Startups are eligible for up to $120,000 of free Azure cloud credits, including software such as Office 365 Business Premium. BizSpark puts all Microsoft development and test software at your fingertips, including Azure, Windows, Visual Studio, Office and SQL Server for free. Plus, enjoy access to hundreds of free training classes and technical content to help you on your journey.
** Partner benefits are subject to their qualification criteria. Contact us for more information.
Important Dates To Save
January 2018 – July 2018: Accelerator in Progress.
June 25 to June 29, 2018: We will contact all applicants that submitted their details through this form. You will be the first companies to be informed on the dates & details of the next Accelerator round.
Requirement for joining the program is a workable MVP (Minimum Viable Product) that is ready to launch in the market. In our current program, most companies that were selected had market traction (revenues or active users). From our experience, the more traction the company has when joining, the more value we can create.
We encourage you to make use of the time until the program starts, and work on your MVP or on getting market traction.
- Get to know the entrepreneurs better;
- Determine whether they have the potential to grow; and
- Asses if they are able to achieve their first milestone.
The Start-up Foundation Phase is free of charge and not in exchange for equity yet. There will be 6 full days of workshops with industry leaders and mentoring sessions to set your KPIs. Only up to 10 teams will be selected to proceed to our 5-month long startup validation phase.
- Mentorship by industry experts and angel investors;
- Weekly office hours to meet and discuss progress with dedicated mentors; and
- Access to Sunway Group’s networks and facilities.
Startups will be investment-ready and showcased to investors in a Demo Day at the end of the accelerator.
NEXEA Investors + Mentors in the Malaysian Accelerator
Our Angel Investors in Malaysia & ASEAN support Accelerator Startups by opening doors to opportunities and sharing their experience & knowledge
Most of our Angel Investors in Malaysia & ASEAN consist of experienced businessmen who own multi-national business, and who have exited via a trade sale, or IPO, or are currently running a listed company. They provide seed investment to Startups, along with mentorship and networking opportunities for Startups to make full use of their angel funding or seed investment.
Exit, Media, Expansion
IPO, IT, Sales
Exit, Finance, Governance
Joseph Ting & Co.
Joseph Ting & Co.
Warren II Delos Reyes
Exit, Media, Operations
Pepsi Cola, i Sentia
Ex: PwC, Ricoh Malaysia, Crop Protection
& More Investors + Mentors
We have an extensive network of successful entrepreneurs & mentors
The NEXEA Startup Network
Connect To Our Regional Southeast Asia Startups & Angel Investors Network
Malaysia • Thailand • Indonesia • Vietnam • Philippines • Singapore • Japan
Partners of Our Venture Capital Startup Fund and Startup Accelerator in Malaysia & Southeast Asia
Cradle - 50/50 Co-Investment Partnership
MBAN - Tax Incentive for Angel Investors
Sunway University- MoU
MyHarapan - MoU
Sunway iLabs - Accelerator Partnership
Watchtower & Friends - Partnership
PitchIn - Partnership
MyHarapan - CoInvestment Partnership
Startup Terrace Taiwan - Expansion Support
Microsoft Bizspark - Startup Benefits
AWS Activate - Startup Benefits
MDEC - Ecosystem Support, Tax Deduction
Google Cloud Platform - Startup Benefits
Startup Fund Application Requirements
Startup Investment Requirements
Quite simply, we are looking for Startups with a great potential to grow over the next 5 to 10 years. However, below is a rough guideline as to how we measure Startup Fundamentals to help you figure out if we are the right fit for each other. These are merely guidelines, so feel free to ask us if you are unsure.
Your Startup should be solving a problem pain enough that people want to pay to solve it
Your Solution should be 10X better (figuratively) than the current best solution in the market
Your Startup should have the potential to scale to >100m Revenues minimum in a span of 5-10 years
Your Startup should be able to produce and maintain a healthy gross profit in the long term
What we are not looking for
Businesses Outside of Southeast Asia
We only fund businesses within Southeast Asia mainly in - Malaysia • Thailand • Indonesia • Vietnam • Philippines • Singapore
We do not fund businesses that are purely into restaurants, projects, retail, trading, industrial, or skilled services. We are looking for Software as a Service, Marketplaces/Platforms (but not limited to those only). In general, we are looking for high growth businesses.