KUCHING: Tabung Ekonomi Gagasan Anak Bumiputera Sarawak (Tegas) celebrated the completion of its second cohort of Tegas Pre-Accelerator Bootcamp (TPAB) with a Demo Day, today at its Digital Inovation Hub, here in iCom Square.
Participated by 11 out of the 20 start-ups, the one-week boot camp had them pitch out their business ideas, as a result of their content that was delivered throughout training sessions including ideas and market validation, business fundamentals and modelling, go-to-market strategies and product development as well as gaining pitching and demo day experiences.
The programme has paved a green path for the top three winners which are Hello Gabby, Miracolo and Uncle Green to pitch their ideas to investors namely, Tegas Startup Lab, Sarawak Shell LiveWIRE and WatchTower and Friends (WTF) Accelerator.
Apart from that, the winners received an attractive package that includes company incorporation support and 3-month access to SMA-TEGAS Digital Innovation Hub (DIH).
In partnership with WTF Accelerator and supported by Sarawak Multimedia Authority (SMA), the programme was designed to help budding entrepreneurs start their businesses from having validated ideas into creating viable products.
Representing its chairman Datuk Haji Len Talif Salleh, Demak Laut assemblyman Dr Hazland Abang Hipni said the programme highlights the prevalence of pursuing a sustainable digital ecosystem among young entrepreneurs.
“Digital Innovation Hubs serves as an inclusive avenue to nurture talents, support entrepreneurs and create innovators for Sarawak.
“Besides that, it offers access to co-working space and shared amenities, funding opportunities and facilitation, incubation and acceleration programmes as well as an entrepreneur-friendly ecosystem,” he said in welcoming address.
The programme believes with such collaboration, it would spark off participants’ spirit to initiate digital platforms through engagement session with WTF’s notable alumni start-ups such as The Lorry, Money Match and MyCash Online.
Facilitated and mentored by industry experts and seasoned entrepreneurs, the participants learned about the lean startup methodology, business modelling, building team and product, financial modelling, going to market, fundraising and pitching.
The 11 startups which participated in the TPAB Demo Day were Fouracle (Swinburne University), Land Miles, Uncle Green, Timogah, Mariadra, Food Hero, VROOM Delivery, Hello Gabby, Miracolo, Circle Tech (UNIMAS) and VOLUME.