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Sidec Launches Selangor Triple Accelerator Programme 2026, With New Digital Asset Track

KUALA LUMPUR, June 15 (Bernama) -- The Selangor Information Technology and Digital Economy Corporation (Sidec) has launched the Selangor Triple Accelerator Programme 2026 with a new Token-X track for digital assets, blockchain and Web3 startups.

The Token-X track was introduced alongside the existing Deep-X (deep technology/tech) and Retail-X (retail tech) tracks, said Sidec.

In a statement today, the agency said the programme brought together three complementary tracks, with Deep-X supporting deep-tech startups in artificial intelligence (AI), semiconductors, biotech, robotics and sustainability, taking founders from proof-of-concept to investment-ready solutions.

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“Retail-X helps consumer-facing small and medium enterprises (SMEs) across five sectors -- food and beverage; fashion and lifestyle; health, beauty and wellness; home living; and social-impact brands -- transition to digital, data-driven and omnichannel operations.

“Meanwhile, Token-X, introduced this year, supports startups in digital assets, blockchain and the emerging Web3 economy, spanning real-world asset tokenisation, commodities and carbon credits, digital securities, blockchain infrastructure and regulatory tech, as well as digital intellectual property,” it said.

Sidec said selected startups and SMEs across all three tracks would take part in a structured accelerator designed to move them from ideas to investment-ready and scalable businesses.

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“Participants would gain structured mentorship from experienced industry operators, founders and experts, as well as access to investors, venture capital and funding opportunities.

“Participants would also receive hands-on support in adopting relevant technologies, ranging from artificial intelligence and deep tech to retail tech and digital assets,” it said.

Sidec said the initiative would also provide market access, brand visibility, and connections to customers and ecosystem partners.

It said other benefits include international expansion pathways through Sidec’s World Stage Venture missions to South Korea, Singapore and Shanghai, as well as a clear route from proof-of-concept to commercial growth, supported by a network of more than 30 ecosystem players.

The launching ceremony was officiated by Science, Technology and Innovation Minister Datuk Chang Lih Kang, with his welcoming address delivered by Sidec chief executive officer Yong Kai Ping.

“The event also marked the launch of the Selangor AI and Semiconductor Summit (AiSEM) and the introduction of Wira AI, a new AI adoption programme for SMEs, underscoring Selangor’s focus on industries central to Malaysia’s economic future,” Sidec added.

-- BERNAMA