#Malaysia #Joget #Cyberjaya #Startup Program #Cradle

Collaboration for Transformational Growth

In an exciting development for the tech startup community, Joget Inc., a pioneer in open-source, AI-powered application design, has teamed up with Cradle Fund Sdn Bhd, under Malaysia's Ministry of Finance and the Ministry of Science, Technology and Innovation (MOSTI). This partnership was announced during the MYStartup NXT event in Cyberjaya and marks a significant stride towards fostering growth in the startup ecosystem within Malaysia and beyond.

The Vision Behind the Partnership

The collaboration merges Joget’s Education, Innovation, and Entrepreneurship (EIE) Program with Cradle's MYStartup Single Window Platform, aimed at empowering entrepreneurs and driving inclusive, technology-led growth. As stated by Norman Matthieu Vanhaecke, Group CEO of Cradle Fund, this partnership aligns seamlessly with Cradle's mission of nurturing and expanding the Malaysian startup ecosystem. The Joget EIE Startup Program offers startups access to advanced development tools that enhance automation and scalability, which are crucial for keeping pace with global competition.

Empowering Entrepreneurs

Through the Joget EIE Startup Program, eligible startups will gain numerous benefits including:

• - Access to advanced development tools
• - Comprehensive learning resources
• - Community support to encourage collaboration and innovation

With this program, early-stage startups can focus on accelerating product development while keeping costs low. Engaging with customers early in the development cycle allows these innovators to iterate their products effectively, enhancing their chance of achieving product-market fit and driving revenue growth.

Thus far, the EIE Program has established a vibrant network featuring over 500 talent communities, comprising universities, students, and startups across regions including Malaysia, Singapore, India, the Philippines, Australia, New Zealand, and the UK. This interconnectedness fosters a rich environment for collaborative innovation, which is essential for shaping the tech landscape in these territories.

Transforming Ideas into Reality

According to Raveesh Dewan, President and CEO of Joget, this partnership opens doors to incredible new opportunities for startups within Malaysia and globally. They seek not just to create applications but to empower founders to innovate across various industries. The goal is not merely the development of software solutions, but rather to transform how enterprises approach innovation and growth.

Strengthening Startup Ecosystems

By leveraging Cradle's expertise in startup support alongside Joget's sophisticated AI capabilities, the partnership stands as a catalyst for entrepreneurs, driving innovation and expanding market accessibility. It enables startups to build sustainable business models in a supportive, resource-rich environment. Together, they are committed to cultivating a dynamic startup ecosystem characterized by technology innovation and adaptive growth.

Conclusion

The collaboration between Joget and Cradle represents a significant leap forward for the startup sector in Malaysia. By offering a comprehensive suite of resources and support mechanisms, they are uniquely positioned to empower the next generation of entrepreneurs. As these startups flourish, they not only contribute to their local economies but also play a pivotal role in the global marketplace. For further details on the Joget EIE Startup Program, interested individuals can reach out via email for inquiries and collaboration opportunities.

This partnership illustrates the potential that lies within strategic alliances, highlighting the importance of infrastructure in nurturing creativity and innovation in entrepreneurship. Visit Joget's website to explore more about their initiatives and updates.