PETRONAS FutureTech 2.0

Accelerator

Scaling the next generation of deep tech startups in Malaysia

What is this programme?

PETRONAS and 500 STARTUPS are teaming up to accelerate Malaysian innovations through a 12-week online accelerator programme for startups registered in Malaysia to scale their businesses globally.

PETRONAS will be collaborating with its corporate partners Telekom Malaysia Berhad (TM) and Sime Darby Plantation Berhad (SDP) – among Malaysia’s top Government-Linked Companies (GLC), the first of its kind in Malaysia, and aims to unlock synergies from cross-industries expertise and maximise the value impact of the programme to the startups.

This programme is also supported by the National Technology Innovation Sandbox (NTIS) program – an initiative by the Ministry of Science, Technology and Innovation (MOSTI). 20 top-tier deep tech Malaysian startups will be selected to learn from industry and C-suite experts from PETRONAS, 500 Startups, TM and SDP to reach their next level of growth.

Why Apply?

Gain market access in Malaysia, Southeast Asia and beyond

Forge corporate relationships with PETRONAS and their corporate partners

Discover opportunities to run Proof-of-Concepts (POCs) and more

Learn from 500 Startups’ world-class curriculum and industry experts

Access our global network of mentors, startups, investors and partners

Criteria for the programme:
1
Malaysia-based startups
Malaysia-based startups with established product-market fit will be prioritised.
2
Deep tech focus
Startups with a focus on the future of energy, new chemicals, retail and digital innovation, robotics and automation, smart supply chain, etc.
3
Commitment
Participants must be committed for the entire duration of the programme, from 30 August 2021 - 19 November 2021.

LEGAL DISCLAIMER
This Programme Is Operated By 500 Startups Incubator, L.l.c. (Together With Its Affiliates, “500 Startups”) And The Funds Advised By 500 Startups Management Company, L.l.c. Do Not Participate In Any Revenue Generated By These Activities. Such Programmes And Services Are Provided For Educational And Informational Purposes Only And Under No Circumstances Should Any Content Provided As Part Of Any Such Programmes, Services Or Events Be Construed As Investment, Legal, Tax Or Accounting Advice By 500 Startups Or Any Of Its Affiliates. This Post Is Intended Solely To Provide Information Regarding 500 Startups And The Stated Programme. All Content Provided In This Post Is Provided For General Informational Or Educational Purposes Only. 500 Startups Makes No Representations As To The Accuracy Or Information Contained In This Post And While 500 Startups Has Taken Reasonable Steps To Ensure That The Information Contained In This Post Is Accurate And Up-to-date, No Liability Can Be Accepted For Any Error Or Omissions. Participation In The Accelerator Does Not Guarantee Investment By A 500 Startups Fund And All Investments In Participants Are Subject To Satisfactory Completion Of Diligence And Investment Requirements Of The Relevant Fund. Under No Circumstances Should Any Information Or Content In This Post, Be Considered As An Offer To Sell Or Solicitation Of Interest To Purchase Any Securities Advised By 500 Startups Or Any Of Its Affiliates Or Representatives. Further, No Content Or Information Contained In This Post Is Or Is Intended As An Offer To Provide Any Investment Advisory Service Or Financial Advice By 500 Startups. Under No Circumstances Should Anything Herein Be Construed As Fund Marketing Materials By Prospective Investors Considering An Investment Into Any 500 Startups Investment Fund.