Solarvest launched its solarvest_my Innovation Lab 2023. The programme is enhanced to provide coaching, networking and financial support to accelerate the commercialization of businesses in the green, financial technology, and renewable energy sectors.
Two rounds of funding from concept to execution, funding of up to US$22,590
Solarvest had previously shortlisted six startups to receive an initial grant of US$2,260 from its first Innovation Lab cohort, covering ideas across flood mitigation, food waste, and blockchain technology for the tokenisation of RE assets and contracts. The startup programme is composed of two rounds of funding. The seed grant offers selected candidates RM10,000 to prove a business concept within a six-month time frame. Subsequently, candidates with viable business ideas may participate in the accelerator funding round to potentially receive a capital of US$22,590 to execute their ideas within twelve months.
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