KUALA LUMPUR: Cyberview Sdn Bhd, via its Living Lab Accelerator programme, has invested about RM6mil to assist startups.
In a statement, the technology hub developer of Cyberjaya said that to date, 90 startups have been nurtured, of which 70% are still active and growing.
“Through this intensive five-month programme, Cyberview provides a cohort of startups with a space at Colnnov8 – the company’s collaborative smart-city co-working space.
“Cumulatively, the suite of benefits offered through the programme is valued at more than RM100,000 for each participating startup,” it said.
It added that upon completion of the programme, startups would also gain access to piloting opportunities, immediately execute go-to-market strategies, or begin sourcing additional funding from local, regional or global investors, facilitated further by Cyberview.
“Since its inception in 2013, the programme has helped startups raise over RM252mil in total investments and recorded more than RM775mil in cumulative revenue. The startups have collectively impacted the economy by creating more than 1,400 jobs,” it added. — Bernama