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Capsphere’s Selangor Accelerator Program Experience - Sidec Top 5 SAP 2022 - SEA Expedition

Updated: Jan 21

We are incredibly fortunate that Capsphere was selected as one of the Top 5 winners of the Selangor Accelerator Program (SAP) 2022.





Sidec SAP 2022 Top 5 Oversea Mission was an initiative by Sidec to look into the prospect of expansion into South East Asia. The programme took place over the course of 3 days each in Vietnam and Thailand.


Each company was given a chance to present its pitch during the trip, one in Vietnam - Consulate General of Malaysia, Ho Chi Minh City and one in Thailand - Expara Thailand.



Our Exploration


The following is a list of the locations that we explored during our travels.


Vietnam

  • Saigon Innovation Hub

  • Consulate General of Malaysia, Ho Chi Minh City

  • Investment and Trade Promotion Center

  • InnoLab Asia

  • Zone Startups Vietnam

  • Ascend Vietnam Ventures

  • Malaysia Business Chamber Vietnam


Thailand

  • Thailand Smart City Expo at the Queen Sirikit National Convention Center.

  • Embassy of Malaysia, Bangkok

  • True Digital Park,

  • DEPA Thailand (Digital Economy Promotion Agency).

  • Malaysian-Thai Chamber of Commerce,

  • King Mongkut’s Institute of Technology Ladkrabang (KMITL)

  • National Innovation Agency (NIA)

  • Expara Thailand,

  • Flash Express Thailand


What We Learned


  1. Accelerator programs offer a crash course in how to operate and run a company. This can be extremely beneficial if you're new to the business world and don't have much experience.


  1. Accelerators can help you get your startup off the ground by providing a more supportive environment than you could find. If you're trying to find people to invest in your business, for example, accelerators can help you learn from other successful entrepreneurs and build relationships with key people in the startup community.


  1. If you're looking for a way to grow your business faster, an accelerated program can help. By providing access to resources like mentorship, funding, and cutting-edge technology tools, accelerated programs can help you maximize your potential and get results quickly.


  1. As a part of an accelerator, you'll have access to the latest industry trends and developments -which can have amazing implications for your company's future success.


We want to extend a big thank you to Sidec for putting on this event. We had the pleasure of meeting five of the Top 5 Sidec SAP 2022 winners who are all doing awesome things in their own unique ways: Entomal Biotech, Diet Ideas, Swipey.Co, and BlueDuck.


Accelerators can help startups by providing resources and advice. When choosing an accelerator, make sure to consider its prestige, the level of mentorship you will receive, and whether it can help you achieve your fundraising goals.


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