Budding entrepreneurs and start-ups are invited to join the latest mentoring initiative by Carsome and Sunway Innovation Labs (iLabs), the innovation arm of Sunway Group.
The partnership has launched the Carsome Mobility Lab programme to accelerate the growth of start-ups in the auto ecosystem through one-to-one mentoring, workshops, access to funding, and partnership opportunities with industry leaders.
The 4-month programme is for seed to series A stage start-ups that are disrupting these key verticals – Financial Services, Sustainable Mobility, Blockchain & NFT, Artificial Intelligence (AI) & Machine Learning (ML), Connected Automotive Ecosystem, Aftermarket Automotive Design and Hardware, and Vehicle Support Marketplaces and Providers.
“In this programme, start-ups will be shortlisted before the pre-accelerator programme and will be assessed throughout the pre-accelerator. Only a selected number of start-ups will advance to the accelerator where they will be able to run pilots with Carsome and Sunway business units and to tap onto the extensive funding funnel and ecosystem comprising Orbit Malaysia, SunSEA Capital, Gobi Partners and The HIVE SEA for funding and investment opportunities.
“The auto ecosystem is ripe for further innovation and disruption. We look forward to teaming up with Sunway to work with startups across Southeast Asia to bring cutting edge innovation that will benefit the entire auto ecosystem and ultimately add value to the vehicle ownership journey of all consumers,” added Carsome group head of Merger & Acquisition and Ecosystem Strategy Digbijoy Shukla.
“Innovation is one of the key drivers for growth in any industry. We are excited to work with Carsome and the startups in the auto ecosystem to develop new ideas, solve problems and create opportunities for these startups to grow,” says Dr. Melissa Foo, head of Sunway iLabs Ventures.
“Start-ups that demonstrate use cases on the highlighted verticals are highly encouraged to apply,” the partners said in a statement.
Applications are open until 4 July. To apply or for more information, visit here.
