She Loves Tech, Digital Penang leads Malaysia’s entry into technology race for female founders
  • Aims to develop Malaysia as a startup hub
  • Competition promotes the importance of gender inclusivity

Penang GLC’s Digital Penang has announced a partnership with She Loves Tech, known as the world’s largest accelerator platform for women in the technology industry. It also claims to be the largest global platform dedicated to filling the funding gap for women entrepreneurs.

Digital Penang has been officially appointed as the main selected partner at the Malaysian level for the 2024 She Loves Tech Startup global competition, which celebrates its 10th anniversary, and invites female technology founders from all technology industries to participate in the competition .

This partnership and competition is in line with Malaysia’s goal of developing Malaysia as a startup hub, as recently praised by the Ministry of Economy and the Ministry of Science, Technology and Innovation. The event will also promote the importance of gender inclusivity, especially featuring Malaysian female tech founders.

Therefore, Digital Penang and She Loves Tech invite all state and national governments involved in promoting women in technology to showcase women-led Malaysian startups and encourage them to join this global competition. Institutions and private organizations are invited to join these joint efforts.

The competition not only highlights Malaysia’s vibrant technology environment, but also stimulates economic activity and fosters the development of innovative solutions that have the potential to impact both local and global markets. Masu.

“Sea Labs Tech’s collaboration with Digital Penang as Malaysia’s official key selected partner for the global competition is a testament to the Penang State Government’s commitment to promoting women’s awareness and participation in the technology sector. This initiative is not limited to Penang, but should be extended across the country to provide opportunities for all women in the country to create innovations and solutions that impact the national economy,” said Zairil, Penang EXCO.・Kir Johari said. For infrastructure, transportation and digital.

To participate in She Loves Tech, participants must receive seed funding of less than US$5 million (RM24 million), have a minimum viable product beyond the ideation stage, and have a gender perspective. Must be a female-led technology startup with.

Additionally, you must meet at least one of the following gender lens criteria:

  • founded by women
  • Many female users
  • majority of female consumers
  • Technology that positively impacts women

Selected regional-level participants will have the opportunity to reach a broader global audience and connect with an international network of mentors, partners, and investors. All qualified women technology and gender-lensed startups that offer substantive solutions that impact women in Malaysia are invited to take advantage of this opportunity.

For more information on the application process and to register for the contest, please visit: https://www.shelovestech.org/competition. The application period is from April 22, 2024 to May 30, 2024.

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