KUALA LUMPUR, June 11 — The Selangor Information Technology and Digital Economy Corporation (SIDEC) has launched the Selangor Triple Accelerator Programme 2026, aimed at strengthening the state’s digital ecosystem by helping startups and small and medium-sized enterprises (SME) build capabilities, expand market access and scale their businesses.
Its chief executive officer Yong Kai Ping said the programme focuses on developing long-term growth by providing founders with the necessary skills, technology, networks, and industry connections.
“Our mission is to lead Selangor’s digital transformation, and we have learned the most powerful way to do so is not through incentives alone, but by building capacity.
“So, our task is to equip SME founders with the skills, technology, network and market access they need to grow and compete over the long term. This is the (principle) on which every programme is built,” he said in his speech during the event’s launching at MRANTI Park today.
The Triple Accelerator Programme consists of three tracks: DeepX for deep technologies such as artificial intelligence (AI), semiconductors, and biotechnology; RetailX to help SMEs adopt digital and omnichannel operations; and TokenX focusing on digital assets, blockchain, and Web3 technologies.
Yong added that SIDEC has supported over 380 startups and SMEs through its accelerator programmes, resulting in capital raising, market expansion, and job creation.
At the event, the corporation also introduced Vera AI, a new initiative to help SMEs adopt AI through workflow automation and practical solutions.
“Our goals are clear: to accelerate AI adoption among our SMEs to improve their productivity and strengthen the digital ecosystem as a whole,” he said.
SIDEC is also working with ecosystem partners to accelerate innovation in AI, semiconductors, and advanced technologies, and to explore autonomous mobility initiatives to position Malaysia as a hub for next-generation mobility solutions.
He noted that companies must look beyond the domestic market and focus on Southeast Asia as part of their growth journey.
