SILICON VALLEY STARTUPS
MDeC and KLFI to Send Four Malaysian Startups to Silicon Valley to Participate in SVFI Program
Four Malaysian startups will be sent to Silicon Valley under MSC Malaysia’s Global Linkages Program, announced the Multimedia Development Corporation (MDeC) and Kuala Lumpur Founder Institute (KLFI) recently.
“It is our mission to globalize Silicon Valley. In order to do this, we focus on building sustainable startup ecosystems in promising markets like Malaysia with supportive partners like MDeC. We also think that the selected companies will benefit from seeing how things are done in Silicon Valley,” said Adeo Ressi, Founder and CEO of The Founder Institute.
The companies that are to participate in this program will be selected in a joint selection process, where those who have participated in KLFI, MDeC’s startup accelerator and other programs under the banner of the MSC Malaysia Global Linkages Program, will be screened.
These companies will then participate in the Silicon Valley Founder Institute (SVFI) program, where they will meet and receive business feedback from some of the world’s premier technology CEOs.
“Through the MSC Malaysia Global Linkages Program, we are accelerating high-growth startups by linking them to the Silicon Valley ecosystem. These startups will focus on validating their venture through high-touch mentorship and coaching from the mentors in SVFI. This includes the opportunity to immerse in the Valley’s culture and build a network with local subject matter experts, mentors, investors, global tech companies and other entrepreneurs, a move which we believe will increase the prevalence and success of Malaysian startups”, said Ng Wan Peng, COO, MDeC.