Multi-Corporate Accelerator Program 2020

For Startups: Get Support & Funding From Successful Mentors And Work With Corporates



Application Deadline

The Accelerator for 2020 has ended, but feel free to apply for the next one, which is estimated to be closer to the second half of the year!

Apply For The NEXEA Startup Accelerator Program

Get Funding, Top Mentors, Experts, And Partners Supporting Your Company

Startup Accelerator Program For The Top Startups In Malaysia

Background Of The NEXEA Startup Accelerator

The NEXEA Startup Accelerator Program is a leading accelerator program in Malaysia, backed by successful mentors/investors who have found success themselves.

Actual Business Mentors That Actually Invest

Invaluable Knowledge, Experience & Network For Startups

NEXEAs Mentors are selected from only the backgrounds that can actually help Startup founders like yourself.

NEXEA Mentors are people who have gone through M&As, IPOs, who have been CEOs, business owners, or board members.

The mentors have created huge value by sharing their network, knowledge, and experience in their specific area of expertise and industries.

14 Reasons to Join the NEXEA Accelerator Program

Validate if you have a strong product or are in a large enough market
Learn how VCs pick companies to invest in
Receive comprehensive support from mentors, corporates, and experts
Accelerate your learning & growth via the Accelerator- program activities
Access angel investors, family offices, and venture capital
Get potential customers – via the media and networking opportunities
Develop your team’s skills required to run a Startup
Manage the risks of running a Startup by having fundraising and mentor support
Get an outsider’s perspective of your own company via strategic mentoring sessions
Grow the company faster in general via key sales & marketing learnings from peers & marketing experts
Boost motivation & morale by meeting like-minded entrepreneurs
Increase your chances of successful funding rounds & exit
Feel the pressure to work efficiently and effectively, learn to optimize your time management 
Additional support post-accelerator like mentors, alumni group & more. Bonus: The top 5 Companies receive RM50,000 in funding.

NEXEA Startup Mentors & Startup Experts

Business Network, Knowledge & Experience Support By Successful Ex-Entrepreneurs (IPO, M&A, CXOs) & Angel Investors

Startup Mentors with NEXEA are unique in that they are picked very carefully. NEXEA Investors go through rigorous vetting to ensure that they can really add value to companies that we invest in. We only accept people that have been an entrepreneur, have a very strong network, has developed an industry, but most important of all – have a very strong reputation in the business community.

This is to ensure the top startups meet only the top investors.

They are important because they are a select group that no longer needs money – but have a need to help the next group of entrepreneurs to succeed. Nobody can mentor better than them!

Special Partnership Agreements

For NEXEA Startup Accelerator 2020

Get Access To More Than RM1.5 Million in Services and Support From Technology Giants Providing Help To Startups

Our Startup Accelerator 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.

  • Hubspot is a world leader in Marketing, Sales and Service Software. 
    NEXEA has partnered Hubspot to offer our Startups a free tier +90% discount for paid plans.
    HERE has agreed to support Startups with location services credits and additional engineer support for the top 5 companies. 

    HERE powers giants like Facebook and Grab by providing accurate location services data.
  • Empower your ideation with BOLD, a MACROKIOSK solution, by creating effective communication, engaging audiences in real time and allowing dynamic payment options in your business. 

    The NEXEA package includes complimentary SMS credits and email credits to be shared among all solutions. 
    AWS has kindly offered to provide cloud credits, technical support and training at no charge to eligible participants through their Activate program. 

    You may be eligible to enjoy some benefits from AWS Activate Porgramme with cloud credits up to US$10,000 technical support and training to build and scale your startup. 

Work With Top Corporates in Malaysia

Invaluable Network, Pilot Testing & Partnership Opportunities For Startups

Network with NEXEA Partner Corporates to understand how they work with Startups

Potentially test your products and services with NEXEA Partner Corporates as your customers

Potentially partner with NEXEA Partner Corporates that are interested to work with Startups

Corporate Partners

NEXEA Multi-Corporate Accelerator 2020

NEXEA's Corporate Partners are active in a wide variety of industries. Ranging from Financial Services to Bottled Mineral Water. The Corporates are especially interested in working with startups that are active in the following industries:


Corporates have greatly strengthened our marketing programs. They have also helped us build trust for our other and future clients, as the corporate’s name gave Krenovator more credibility. We learned a lot from the corporates in terms of project management which we could directly implement in our own startup.

Once we gained the trust of our corporate partners/clients, we had new strong and reliable revenue streams. What’s more, we gained strong partners that we can collaborate with for our future projects.

- Mahadhir Yunus, Founder & CEO, Krenovator

Recruitment Platforms

Ads Analytics






Data Analytics & Insights
Business Process Automation

Distribution Partners

Workflow Automation




Product Incubator

FMCG for non-alcoholic beverages

Startup Accelerator Companies

Some of the happy Startups who took part in NEXEA’s past Accelerator Programs

VC & Accelerator Startup Funding Numbers

Investment Statistics of NEXEA Companies


Startups Funded


Top Investors & Mentors


Consolidated Revenue

>> 50%

Post-Accelerator Funding

3X to 16x

Yearly Startup Growth

50K to 1M

Funding Range

Startup Accelerator Program Breakdown

Accelerator Program Structure

This Startup 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.

Application Open

December 1st 2019

Application Close

March 8th 2020

Filtering Process


2 Months Pre-Accelerator

March 27th

3 Months Accelerator

June 1st

The Startup Accelerator Deal

Equity For Mentors, Partners, Experts, and Cash

The Startup Accelerator provides Startups with Millions worth of Partner Benefits, RM50,000 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.

2 + 3 Month Personalised Accelerator Program

We guide Startups through a 2 + 3 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 and experts. 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.

Real Mentors

Our Startup accelerator 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.

NEXEA Accelerator Program Application Requirements

Startup Investment Guidelines For Companies Looking For Capital And Support

Startup funding is reserved for technology Startups that meet our Startup Fundamentals criteria. Below is a rough guideline for entrepreneurs to figure out if they are a good match. These are merely guidelines, so feel free to ask us if you are unsure.

Scalable Tech Startup

Your business model should be scalable to be able to grow exponentially in the long term (we do not accept traditional businesses)

Disruptive Nature

Your Solution should be 10X better (figuratively) than the current best solution in the market to allow for disruption

Market Size

Your Startup should have the potential to scale to more than 100M in Revenues minimum in a span of 5 to 10 years

Based in Malaysia

For mentoring purposes, we only accept Malaysia based companies where a majority of the team is local.

Apply For The NEXEA Accelerator Program

Get Top Mentors, Experts, And Partners Supporting Your Company

Startup accelerator applications are processed quickest via this form. Our Analysts will guide you through the application process usually within a week via email. We try our best to meet Startup founders every week to determine if there is a good match. 

Frequently Asked Questions About Startups Accelerator

Here are some FAQ's on Startup Accelerator

Accelerators help you by providing mentors, corporates, and experts who can support you and your startup. Running and operating a startup is a major challenge and can be a tough journey. Accelerators help you by providing mentors, corporates, and experts who can support you and your startup. Getting a share of their experience, direction and knowledge would be beneficial for any founder.

Getting a share of their experience, direction and knowledge would be beneficial for any founder. Accelerator programmes teach you many of the important skills you will need to run your business. For instance, marketing, finance, communications, and technical skills. The Accelerator programme can be seen as an immersive educational experience, where founders are able to learn at a very high pace in a short and intense period.

For the majority of the duration of the program, emphasis will be given to improve and grow your business. During this part, there are minimal workshops and no classes so the founders are able to fully focus on growth.  

Two Month Pre-Accelerator: The selected 20 startups will go through a basic training program where they will receive mentoring, consultancy as well as Amazon Web Service cloud credits and much more in terms of support services. At the end of these two months, the selected 20 startups will have the opportunity to pitch in front of the investors for a further selection process for the second part of the program.   

Three Month Accelerator: The top 5 chosen startups will be receiving RM50,000 plus mentorship and support from our experts as they grow their sales. They will have access to facilities and potential pilot testing opportunities. During the Demo Day, the top 5 chosen startups will pitch again in front of corporates and investors for more potential investments and pilot projects for further growth. 

We push Startups to get invested by the end of the startup accelerator program by using our proprietary Startup Validation Methodology. NEXEA will continue to add value to your company in the following ways:

  • You will continue to receive support and advice from NEXEA mentors and our partners
  • Get fundraising opportunities from NEXEA and its angel investors network
  • Introduction to local and regional corporates
  • Angel investors, VCs and much more
  • Be able to engage and network with NEXEA alumni of our startup founders to share and support each other as well as continue to receive opportunities
  • Offers from NEXEA such as corporate and government partner grants, free credits, event invitations and learning opportunities

There are no guarantees. This will depend on the outcomes of the pilot projects and/or NEXEA’s Assessments. The investment outcomes depend on the Startups performance during the programme, their Startup fundamentals, and the Startup team itself.

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