Kuala Lumpur, November 2024 – HASAN.VC, an integral part of the Ethis Group, announced today that applications are open for Cohort 002 of its Accelerator program. Starting January 6, the seven-week online program will support early-stage Halal and ethical startup founders. After the successful launch of its inaugural cohort, with 42 startups going through the program, 12 of which receiving funding, this round welcomes online applications from startup founders with ambitions to scale within Southeast Asia’s high-growth region.
The HASAN.VC Accelerator is a 7 week online program that offers a comprehensive support package for early-stage startups, including pre-seed funding of up to US$60,000, founder-focused mentorship from top-tier trainers and successful Muslim founders, as well as access to an investor network of over 500 angels. Participants will also benefit from a community of like-minded founders, access to a partner database of over 60 million muslims and government funding matching opportunities.
Aimed at addressing the unique challenges faced by startup founders in Southeast Asia’s high-growth region, the Accelerator empowers entrepreneurs to scale their ventures with guidance and resources tailored to their needs. The program has already helped launch innovative startups, such as Synbiozymes, Reyhut Automation and GoBarakah.
“Our goal with our Accelerator program is to continue fostering a founder-centric ecosystem where entrepreneurs can thrive. We are committed to supporting diverse founders, especially Muslim and female entrepreneurs, who have historically been overlooked in traditional venture capital spaces,” said Umar Munshi, Managing Partner of HASAN.VC & Group MD of Ethis. “This accelerator is more than just funding—it’s about creating a community where founders help one another succeed, share knowledge, and collaborate to drive innovation for Halal and ethical businesses.”
“This program was built for founders by founders. We want to help entrepreneurs grow their businesses and succeed, surrounded by a supportive community that understands their unique challenges. And we’re particularly focused on helping Southeast Asian startups scale their impact both locally and globally,” said Mohd Akhtaar, Principal at HASAN.VC.
“We’re seeing a shift toward a more ethical and purpose-driven business environment in Southeast Asia, and this is an incredible opportunity for startups in the Halal economy to thrive,” added Mohd Akhtaar. “This is a movement to change the face of entrepreneurship, and we’re looking for the next wave of visionary founders who want to build businesses that are not only profitable but also socially responsible and aligned with Halal values.”
The HASAN.VC Accelerator will select 10 standout startups per cohort to receive funding in exchange for equity. Each startup will also benefit from ongoing support, biannual evaluations, and exposure to potential institutional and angel investors. The program culminates in a Demo Day, where participants showcase their progress to a network of investors and funding partners.
Aspiring founders and visionary entrepreneurs are invited to apply to the HASAN.VC Accelerator Program to seize this opportunity for growth, collaboration, and investment. With limited slots available, this program stands as a rare chance for early-stage, purpose-driven ventures to scale impactfully in Southeast Asia’s vibrant and expanding Halal economy. Visit www.hasan.vc/accelerator to apply and learn more about joining this transformative cohort.
About HASAN.VC
HASAN.VC, part of the Ethis Global Group, is a people-powered venture capital fund dedicated to a better tomorrow by investing in companies driven by ethics and purpose. By identifying, nurturing, and investing in top companies from its Virtual Accelerator Program, HASAN.VC supports and amplifies ethical business practices. Funded by an active Angel Investor group spanning multiple continents, HASAN.VC’s mission is to uplift humanity by democratizing venture capital investment and channeling funds to over 40 halal or ethical tech startups from Southeast Asia and the GCC.
HASAN.VC is represented in Malaysia by Ethis Ventures Sdn Bhd, a Recognised Market Operator for Equity Crowdfunding under the Securities Commission Malaysia.
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