SmartScale powered by Seedstars
May-July 2019, Phnom Penh
A three-month acceleration program focused on early stage startups in Phnom Penh, Cambodia. The program is driven by lean and growth methodologies to help startups scale faster and hit your next investment milestone quicker.
Startups will have access to local and international mentors, guided workshops, one on one sessions, introductions to business and investor networks, and targeted training and assistance.
Participants will have increased investment readiness and the opportunity to receive funding from the program partners.
With over 3000 experts in our network, we can tap into professionals from all sectors, industries, and regions.
Enablers and Partners
Development Innovations (DI)
Development Innovations (DI) is a six-year USAID-funded project that helps civil society organisations, technology companies, social enterprises and young innovators to design and use information and communications technology (ICT) solutions and employ innovative processes to tackle Cambodia’s development challenges. USAID's Development Innovations project is funding Mekong Strategic Partners and Seedstars to customise and localise the Seedstars curriculum, develop and run the three month accelerator program, and provide follow up mentoring support for the selected Cambodian startups.
Mekong Strategic Partners (MSP)
Mekong Strategic Partners (MSP) is an investment management and corporate advisory firm specialising in the Greater Mekong Region with a particular focus on Cambodia, Laos and Myanmar. MSP is the fund manager for the Smart-Axiata Digital Innovation Fund (SADIF), the first corporate venture capital fund established to support early-stage technology companies in Cambodia. MSP has developed experience in selecting, evaluating and conducting due diligence of startups, coaching and mentoring (pre and post investment), structuring investments, and supporting high-growth entrepreneurs.
Smart Axiata Co., Ltd., Cambodia’s leading mobile telecommunications operator, currently serves 8 million subscribers under the 'Smart' brand. Smart continues to be at the forefront of mobile technology advancement and is also rapidly transforming itself into a digital lifestyle brand, having introduced many innovative offerings and lifestyle entertainment value propositions. The company's workforce consists of more than 1000 local and foreign experts. As part of its Digital Champion aspirations, Smart launched the Smart Axiata Digital Innovation Fund in 2017 together with Mekong Strategic Partners and Forte Insurance. Smart is committed to its customers, employees and the people of Cambodia, in delivering its promise of enriching their lives through world-class networks, exceptional digital experiences and through significant corporate social responsibility engagements.
Seedstars is a Swiss-based group with the mission to impact people’s lives in emerging markets through technology and entrepreneurship. Seedstars connects stakeholders, builds companies from scratch with public and private partners and invests in high growth startups within these ecosystems. Through different activities, that range from startup scouting to company building and acceleration programs, the team has built the most powerful network of entrepreneurs, investors, incubators, corporations and government officials from 65+ fast-growing economies around the globe. Seedstars group includes Seedstars World, a worldwide startup competition, sourcing the top talent in technology and entrepreneurship in emerging markets; Seedstars Growth, a three month virtual acceleration program; Seedspace, a network of coworking and co-living spaces now in 15+ countries and Seedstars Academy, a six months intensive training for aspiring local entrepreneurs on how to build sustainable businesses.
Trust is broken in online shopping in Cambodia. That is why Buyloy.com was established. We sell products from A to Z to 8.4 million Cambodian social media users to make their lives easier and more reliable.
As Peth Yoeung (Our Doctor), we solve 3 problems of hospital operating management, including patient's medical data, productivity and revenue of hospitals/clinics through digitalizing patient's medical data as a replacement of paper based hospital operating management.
We solve the problem of young mothers having no time for new responsibilities by delivering their daily necessities to their doorsteps.
1. Where will the program be physically held?
The program will take place on the premises of the office of Mekong Strategic Partners, located at Level 2, #33 Sothearos Boulevard (Corner St 178, Phnom Penh, Cambodia).
2. How many team members expected to participate in the program?
We expect at least 1 of the co-founders of the startup to be physically present in Phnom Penh during the whole period of the program.
3. What are the most important criteria for being selected to the program?
Tech startup, functional MVP or better, and having customers or recurring revenue, along with a founding team of 2 or more people.