SC invites applications for Fikra ACE Accelerator programme

KUALA LUMPUR: The Securities Commission is inviting applications for the second cohort of the Fikra ACE Accelerator programme, which provides a platform for startups to develop innoative solutions.

The programme is part of the capital market regulator’s Fikra ACE Initiative, a three-year initiative launched in 2023 to advance the Islamic capital market (ICM) through innovative Islamic fintech solutions.

The programme comprises an accelerator, circle and excel components.

In a statement, the SC said the programme comprises eight weeks of workshops, mentorship, networking activities and funding facilitation.

The Acclerator programme, which is expected to start in August, is opened to individuals or companies – both local and international – with less than three years market presence.

The Malaysia Digital Economy Corporation (MDEC) is the strategic local ecosystem partner for the programme.

MDEC will continue to support startups participating in the programme with the infrastructure, resources, and market knowledge to scale their businesses more effectively.

The SC will also collaborate with the Islamic Development Bank as the global ecosystem partner, to help enrich contents of the programme with international insights and perspectives.

Those interested are encouraged to register from today until July 31, 2024, at https://www.sc.com.my/fikra-ace/accelerator.