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.
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.
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
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.
