Telekom Malaysia Berhad (TM) and Startup Malaysia.org recently shared highlights of the Digital Malaysia Corporate Accelerator Programme – the first corporate accelerator programme in Malaysia that aims to create global startups. Executed in collaboration with Multimedia Development Corporation (MDeC), the partnership is in line with Digital Malaysia’s Tapping the Global Demand initiatives, targeting to inspire Malaysians to become a new class of digital entrepreneurs by providing the necessary platforms for them to become global icons in their own right.
The Digital Malaysia Corporate Accelerator Programme (DM CAP) is a tripartite collaboration that brings together TM’s industry and market demand knowledge, StartupMalaysia.org’s global mentoring and networks expertise and also MDeC’s platform in developing digital entrepreneurs via its incubation and entrepreneurship initiative to address the gaps in the Malaysian entrepreneurial ecosystem.
Present to grace the programme kick off event was YB. Dato’ Saifuddin Abdullah, Deputy Minister of Higher Education who is also the Patron of StartupMalaysia.org together with Dato’ Sri Zamzamzairani Mohd Isa, Group Chief Executive Officer, TM and Datuk Badlisham Ghazali, Chief Executive Officer, MDeC.
This Digital Malaysia Corporate Accelerator Programme is the latest initiative under TM’s Blue Lane Programme (BLP). Introduced in 2010, BLP is an ‘ICT Technopreneurship Programme’ to nurture and harness home grown digital entrepreneurs and encourage development of the local ICT ecosystem by providing local players market access via TM’s platform and infrastructure. As growth of business opportunities in the traditional sector is limited for such start-ups, BLP opens up new opportunities and possibilities with the rollout of high-speed broadband (HSBB), launch of UniFi and new platforms such as IPTV, Cloud, etc., BLP paves the way for the startups, small and medium-sized local digital entrepreneurs to enter all relevant fields such as hardware and software including content, application and solution by becoming TM’s partners in a ‘win-win’ arrangement.
The Digital Malaysia Corporate Accelerator Programme aims to select five (5) best solutions which is in line with TM’s business requirements and will be placed in a 3-month accelerator programme, under the guidance of global mentors at an incubator facility in Cyberjaya.
Moving forward, the long term goal is to build an effective pipeline to catalyse 4000 digital entrepreneurs by 2020 with global mentors under the Digital Malaysia programme. Digital Malaysia Corporate Accelerator Programme will also serve as prelude to larger scale Digital Accelerator programmes to be introduced in 2013.