StartupPenang500

Take your venture ideas or "wavering" startup to the next level with market traction and paying customers to put your venture on a firm foothold for growth. Avoid Pitfalls, Grow Faster!

Key Program Features :
  • 10 to 15 days of activities spread of over a period of 8-months to develop your venture stage-by-stage as you run your business. This means 8 months of continuous venture support for your startup.
  • A practical result-oriented program run by professional startup development company and experienced industry mentors to finetune your business model, build product-market fit, improve customer engagements and create revenue streams for your venture.
  • Best performing startups in the Cohort get to pitch on Demo Day at the PITCH ISLAND event to raise investment. A chance to secure RM30,000 in grant money from Digital Penang.
  • Totally FREE OF CHARGE!

Program Stages

Program Schedule : Apr/May  to Nov/Dec with a total of 10 to 15 activity commitment days  | Final schedule will be provided only to selected participants.

Note: Market development grant is a conditional grant for granting and use. 

Who Should Join

A Chance at RM30,000* Grant Money

(*) Subject to terms and conditions of award and use

Requirements & Application

  • Preferable registered business or company with SSM and either Registered or Business Address in Penang.
  • Preferable with 2 founders.
  • Must be able to develop MVP or already have one.
  • New venture or less than 2 years in operation as at FYE2023
  • No revenue requirements.
  • Registered with Digital Penang Startup Database (Click Here)

Application Form | Deadline: 10 MAY 2024

For Applicant with Ideas without Company. Click Below

For Applicant with Company in Early Stage. Click Below

Questions? Email ecosystem@digitalpenang.my or call 04-8350307 to talk to our officer Aizat

Program Partners

Program Manager & Facilitator

Ecosystem Partner

Investment Partner

UN SDGs

Program FAQ

DISCLAIMER!

We make NO REPRESENTATION OR WARRANTY of any kind, expressed or implied, regarding the accuracy, adequacy, reliability, availability or completeness of any information in this initiative and UNDER NO CIRCUMSTANCES SHALL WE HAVE ANY LIABILITY to you for ANY LOSS OR DAMAGES of any kind incurred as a result of the participation in this initiative or reliance on any information provided herein.

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