VC & Startup Accelerator Continues to Support Next Tech Leaders
SELANGOR, MALAYSIA - MediaOutReach - 15 May 2019 - NEXEA is pleased to announce the opening of registrationfor its early-stage Malaysian Startup Accelerator Program. Interested partiescan register at NEXEA's website now through May 31, 2019. Being the leadingaccelerator program in Malaysia, NEXEA's Startup Accelerator Program backed bya number of successful business mentors and notable investors.
NEXEA is a venture capital and startup accelerator firm thatsupports and funds technology companies that would potentially be the next bigthing. The company was founded on the premise of helping tomorrow's techleaders in solving real world problems, changing the market landscape, andcrafting a successful business. NEXEA's Startup Validation Methodology provideda proprietary benchmark for evaluating startups in the most effective andefficient way. Next, The Startup Mentorship Program has a network pool ofsuccessful entrepreneurs, investors, and businessmen who have had tremendousexits (IPO, M&A) of their businesses. The network, knowledge and experiencethe mentors are able to share with program members would be unparalleled andwould ensure the success of founders and their business; needless to say, NEXEAis the melting pot of ideas, innovation, business, and investment.
NEXEA and its partners provided a multitude of servicesranging from corporate to technology including business and revenue modelguidance, growth tactics, revenue hacks, reflections on corporate innovation,corporate innovation methodology, and vital startup concepts. Corporate servicesincluding disbursement of talent and staff for experiential learning at theAccelerator, where conversation about how startups and accelerators plan andreact to disruption and technology, market validation and growth, and internalinnovation tactics to drive corporate innovation initiatives. Technologyservices include full-handover, expert, and affordable IT solutions forscalable and high growth companies.
A crucial component of any investment is the risk and return.Only 1 in 10 startups have the chance of succeeding in the high-octane world ofstart-ups, the return on investments would be relatively high too; startupinvestments would normally generate a return of about 25% CAGR. We are here toclose the gap on risk and return, pushing for more start-ups to be successful,and elevating the CAGR. The collection of highly-skilled entrepreneurs andbusinessmen on NEXEA's Angel Investor Network management team have theexpertise, industry experience and capital to deploy and would develop thefoundational success for start-ups and thoroughly reduce the risky world ofentrepreneurship.
A business would not be a success without great supports. NEXEAis proud to have supporting partners such as AWS and HERE Technologies. AWS willbe providing technical support to the top 20 and top 5 finalists of theaccelerator program. The top 5 champions of the program would also get locationservices credits and engineering support from HERE Technologies, a mapping andlocation data powerhouse. With this accelerator and with the help of ourpartners, Joseph Ting & Co, Help University, Cradle, Ringcaptcha andHubspot, startups will be well equipped with the right knowledge and technologyto grow within the ASEAN region.
The methodology of the startup accelerator is aimed atcreating companies that can grow 10X within a few short years. The combinationof experienced mentors, experts, and partners of the accelerator program provepotent as their previous companies have grown 3 to 16 times per year. Theprogram is also known for its post-accelerator support and follow-on fundingrate of above 50%.
NEXEA, along with a team of more than 30 investors andmentors has funded more than 35 startups, assembled, and accumulated more than RM80 million in consolidated revenues through its programs. Notable startups suchas Lapasar and Plush Services are the examples of great success from theaccelerator program. They have gone on to raise funds and are on the verge ofbecoming the next powerhouse in their industry.
If your business has what it takes to be the next big thing,don't wait! Register as soon as possible. The registration portal for NEXEA'searly-stage MalaysianStartup Accelerator Program will be opened through May 31, 2019. This is anexciting time in the technology and start-up world and we welcome innovatorsand entrepreneurs that seek to solve challenging problems and make an impact onthe way we live.
For more information about NEXEA and the services it offers,visit https://www.nexea.co/.