SHAH ALAM, July 31 — The Selangor Information Technology and Digital Economy Corporation (Sidec) proudly announces the return of the Selangor E-Commerce Xccelerator Programme 2024 (ECX24) for its second cohort, offering an impressive RM300,000 prize pool to transform 50 Malaysian small and medium enterprises (SME) brands.
This four-month intensive programme is set to revolutionise the e-commerce landscape by equipping businesses with cutting-edge skills and insights from seasoned mentors.
ECX24 targets businesses across key sectors including food and beverages; home living and appliances; fashion and lifestyle; health, beauty and wellness; and social impact.These sectors will gain a lot from the programme’s tailored content and networking opportunities, helping them improve their operations.
Participants will engage in comprehensive skill enhancement and expert mentorship designed to elevate their operations. The programme includes dynamic workshops covering advanced growth hacking, artificial intelligence (AI) integration, digital marketing, and brand development. Intensive pitching clinics will prepare businesses for investment and expansion, giving them strategies to succeed in today’s market.
The first cohort of ECX24 was highly successful. Companies like The Pastel Shop, Shapee, Big Bath, Nori and Sono Ultrasound saw their valuations rise to up to RM77 million, proving the programme’s impact. These success stories highlight the potential benefits awaiting new participants in the second cohort.
The top 10 winners of ECX24 will share prizes worth RM300,000, including trophies, certificates, overseas business trips, potential investment opportunities and cash prizes. This programme offers instant benefits and sets the stage for long-term growth, making it a great opportunity for ambitious SMEs.
“We are thrilled to bring back ECX24 for a second year, and we can’t wait to see the incredible innovations and growth stories that will emerge from this cohort,” said Sidec CEO Yong Kai Ping.
“Our goal is to empower Malaysian SMEs to reach new heights and transform their businesses for the digital age. The success of our first cohort showed us what’s possible, and we’re excited to build on that momentum.
Applications are now open, and businesses are encouraged to apply through the SIDEC website by August 9, 2024. Don’t miss this chance to elevate your e-commerce business and join the ranks of Malaysia’s most successful SMEs. For more information and to apply, visit www.sidec.com.my/ecx.
The above is a press statement issued by the Selangor Information Technology and Digital Economy Corporation dated July 30, 2024. It is published in full with minor edits for style.
