Information

PETRONAS FutureTech is an accelerator focused on supporting startups that have innovative ideas and technologies. The accelerator is designed to help entrepreneurs scale their businesses by providing them with the necessary resources, mentorship, and networking opportunities. PETRONAS FutureTech offers a unique non-equity assistance program, meaning they do not take any equity stake in the startups they support, which can be highly beneficial for entrepreneurs looking to maintain ownership and control over their companies. The program is aimed at fostering innovation and helping startups bring their groundbreaking solutions to market. Participants can benefit from direct access to PETRONAS's extensive network, resources, and industry expertise.

How to Apply

To apply for the PETRONAS FutureTech accelerator, interested startups should visit the official website and follow the application guidelines provided. The application process typically involves submitting detailed information about the startup, including the business model, technology, team, and market potential. Applications are reviewed by a panel of experts, and selected startups are invited to participate in the accelerator program. For more information or assistance with the application process, you can contact the program directly via email at petronasft@thestartupx.com.

Total number of startups invested: 20

Average Funding: Not specified as the program offers non-equity assistance rather than direct financial investment.

Industry: Innovative technologies across various industries, particularly those that align with PETRONAS's interests and market segments.

Market: Malaysia (Headquartered), with potential reach to other regions through its network and partnerships.