Logo of Phnom Penh Post newspaper Phnom Penh Post - Incubation programme for start-ups to launch

Incubation programme for start-ups to launch

Content image - Phnom Penh Post
SmartScale will launch next month in search of Cambodia’s most promising start-ups. PUBLIC DOMAIN

Incubation programme for start-ups to launch

Smartscale, a three-month entrepreneurship incubation programme, will launch next month in search for Cambodia’s most promising start-ups.

Set to start in May, the programme will be launched by Mekong Strategic Partners (MSP) in cooperation with Seedstars World, Smart Axiata and USAID’s Development Innovation.

It will choose up to 15 Cambodian-based start-ups to receive on-site intensive training based on the Seedstars programme structure.

The programme aims to develop products to fit market needs and to enhance customer interactions by providing knowledge and expert guidance.

MSP partner Bora Kem said: “Mentorship and technical support are crucial for a start-up’s long-term success. With SmartScale, we will provide start-ups with experienced local mentors while partnering with Seedstars to deliver a world-class incubation programme.

“We hope to facilitate regional interest in Cambodian start-ups and to bring them to the international stage.”

The selected start-ups will have an opportunity to enjoy a free working space in an inspiring environment, equity-free participation, local company support and weekly meetings with entrepreneurial experts.

Two full-time entrepreneurship trainers and more than 20 local and international investment professional trainers will be part of the programme structure.

Participating start-ups will also potentially receive follow-up investments of up to $100,000 from the Smart Axiata Digital Innovation Fund and the Seedstars investor network, as well as exclusive access to thousands of dollars’ worth of tech benefits contributed by firms such as Xero, HubSpot and Amazon Web Services.

“We want to support entrepreneurs on their path to self-reliance, especially those who need greater mentorship from experts in the investment industry to acquire more customers, increase revenues and ultimately secure financing or investments,” said Development Innovations Cambodia chief of party Kate Heuisler.

Smart Axiata CEO Thomas Hundt said Cambodia’s start-up community has been yearning for such a programme, which will act as a funnel for more local start-ups to move on to the growth stage of the business cycle.


  • Historic Battambang town bans billboards

    The Battambang town administration informed all house and business owners in Svay Por commune to remove all billboards by August 1 as it is preparing to submit the town to UNESCO for inclusion on its historical cultural heritage list. Its July 25 notice said all signage was

  • All foreigners' accommodations to be inspected: Sar Kheng

    The Ministry of Interior is undertaking a serious effort to inspect all the accommodations of foreigners in Cambodia – except diplomats – in order to find and identify human traffickers. Minister Sar Kheng said this would include inspections on the homes of foreigners employed by businesses, private

  • Ice cream, noodles flagged over carcinogen

    The General Department of Customs and Excise of Cambodia (GDCE) has identified three types of instant noodles and ice cream trademarks originating from Thailand, Vietnam and France that are suspected to contain ethylene oxide, which poses a cancer risk to consumers. The general department has

  • Exclusive interview with Josep Borrell Fontelles, High Representative of the EU

    CAMBODIA is hosting the 55th ASEAN Foreign Ministers’ Meeting (AMM) and Related Meetings this week with top officials from the US, China, and Russia and other countries in the region slated to attend and to meet with face-to-face with their counterparts on the sidelines. In

  • Khmer influence growing in Hollywood

    The rare success of The Cleaning Lady – an American TV series which stars Cambodian-French Hollywood actress Elodie Yung – sheds some light on Asian immigrants to the US, yet a significant representation gap of Asian Americans and Pacific Islanders (AAPI) exists both on screen and behind

  • Rise in Thai air routes to Siem Reap fuels travel hopes

    Local tourism industry players are eager for regional airline Bangkok Airways Pcl’s resumption of direct flight services between the Thai capital and Siem Reap town on August 1 – home of Cambodia’s awe-inspiring Angkor Archaeological Park – which is expected to boost the growth rate of