At least one representative from the team needs to be present for each session in the programme, it does not need to be the same person each week and some activities will require the Founder/CEO alone to be present.
We welcome additional team members to join us and believe our programme is a good time to involve the entire team. Ultimately, we leave this up to you.
Click on the Apply Now button or use the form on the homepage.
You can then submit your proposal!
You will receive a confirmation email upon registration. To complete your application, follow the steps in the confirmation email.
Please send an email to diva@nexea.co if you have any queries.
Your Company must submit a 13-slide PDF explaining:
Your Company must also upload a short video presentation about your product or service (flexible format)
The mentoring and workshops sessions provided in this programme is only eligible to the TOP 6 selected for the programme
We accept all types of startups, working in all verticals, using any type of business model. Do keep in mind, however, that our focus is on tech startups rather than small businesses.
We are vertical agnostic. We look for tech startup founders who can execute, and in big markets. The sectors that we focus on include:
The minimum equity of the Sarawakian co-founder is 51% to be eligible for the programme.
While we don't filter applications just because they have a single founder, it does make things more difficult for the selection process. The question we ask is, and for your sake as well: do you have all the skills your company needs to succeed?
We look for great, balanced teams who have a full range of skills. We strongly advise you to seek co-founders who balance your skillset. For example, if you're a strong developer, you might consider adding someone with business and/or marketing experience. If you're a great business evangelist with no developer, it's very unlikely we'll accept you into the program, so go find a rock star developer to join you! We hope you find your team and tribe, as the startup journey can be quite the challenge.
Yes. We are virtual-first. We’ll reintegrate the best features of our in-person format for specific events in the programme and don’t worry, we’ll let you know beforehand when holding physical sessions.
The programme is fully funded by the Sarawak State Government hence it is free to attend for selected startups.
The "Goldilocks Zone" for the Accelerator is that you are pre Series A, and:
Only when your startup's product is mature, and you have a core team; then can you focus on growing your customer base and land world-class investors.
As a selected startup, the programme provides the seed funding to get you going, but you may well need more funding to really make it. Near the end of programme, a Demo Day will be organised where angel investors and venture capitalists will check out your technology and listen to your pitch. The programme is designed with coaches to prep you so you're as effective as possible, and provide support to help you follow up on funding opportunities.
If you just have an idea, you're too early for the Accelerator. A Minimum Viable Product (MVP) is worth a thousand powerpoint slides -- build one!
Yes. The office space provided will be located at TEGAS Digital Village.
Among other benefits of participating in the programme includes AWS Credits, access to investors, mentorship, market access and a potential feature in Crocodile Byte.
