Information

The Khazanah Impact Innovation Challenge (KIIC) is an initiative aimed at fostering innovation and driving positive social impact through strategic investments and grants. This accelerator is designed to support entrepreneurs and startups that are working on innovative solutions to address pressing social and environmental issues. By participating in KIIC, entrepreneurs gain access to a range of benefits including funding, mentorship, networking opportunities, and exposure to a diverse pool of investors and stakeholders. The challenge is particularly focused on scalable and sustainable solutions that can create significant impact.

How to Apply

To apply for the Khazanah Impact Innovation Challenge, interested entrepreneurs and startups need to visit the official KIIC website and follow the application guidelines provided. The application process typically involves submitting a detailed proposal that outlines the business idea, the social or environmental issue it addresses, the proposed solution, and the potential impact. Applicants may also be required to provide information on their team, business model, and financial projections. Successful applicants will be selected based on the innovation, feasibility, scalability, and potential impact of their proposals.

Total number of startups invested: 1

Average Funding: The average funding round for startups in the Khazanah Impact Innovation Challenge varies depending on the specific needs and potential impact of the project. Typically, the funding is provided in the form of grants, which can range from small seed funding to larger amounts aimed at scaling impactful solutions.

Industry: The Khazanah Impact Innovation Challenge focuses on industries that have the potential to drive significant social and environmental impact. This includes sectors such as healthcare, education, renewable energy, environmental sustainability, financial inclusion, and other areas that address critical societal challenges.

Market: The Khazanah Impact Innovation Challenge primarily targets startups and entrepreneurs in Malaysia, but it is open to innovative solutions from other countries that can create significant impact within the region.