SIL­I­CON VAL­LEY STAR­TUPS

MDeC and KLFI to Send Four Malaysian Star­tups to Sil­i­con Val­ley to Par­tic­i­pate in SVFI Pro­gram

HWM (Malaysia) - - SMB -

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.

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