{"id":47257,"date":"2021-03-23T11:15:39","date_gmt":"2021-03-23T03:15:39","guid":{"rendered":"https:\/\/www.imoney.my\/articles\/?p=47257"},"modified":"2021-03-23T11:15:39","modified_gmt":"2021-03-23T03:15:39","slug":"fwd-launches-studio","status":"publish","type":"post","link":"https:\/\/www.imoney.my\/articles\/fwd-launches-studio","title":{"rendered":"FWD Launches The FWD Start-Up Studio To Support Malaysian Startups"},"content":{"rendered":"<p class=\"text-left\">FWD Insurance (FWD) has announced the launch of the <a href=\"https:\/\/www.fwdstartupstudio.com\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">FWD Start-Up Studio<\/a> to support insurtech and takafultech start-ups in Malaysia, with seed funding of RM1.2 million over two years.<\/p>\n<p class=\"text-left\">The insurer is now inviting applications for the first cohort of intakes which starts in April. A second round will open later in the year, while two more will open in 2022.<\/p>\n<p class=\"text-left\">The Studio has also teamed up with 1337 Ventures, a Malaysia-based business accelerator, to launch a four-week pre-accelerator programme. This will be open to 25 start-ups in the first round, coming with the opportunity to accelerate towards a minimum viable product (MVP) and commercially partner with FWD.<\/p>\n<p class=\"text-left\">The Studio aims to be a leading innovation hub. Benefits include:<\/p>\n<ul class=\"list-disc pl-8\">\n<li>FWD to invest RM150k each to two winners on the pre-accelerator programme.<\/li>\n<li>Further funding for high potential start-ups from seed to pre-series A.<\/li>\n<li>The opportunity to create a proof of concept, working alongside FWD.<\/li>\n<li>Up to US$100k of cloud credits from Amazon Web Services (AWS).<\/li>\n<li>A springboard into the Malaysian Global Innovation and Creativity Centre (MaGIC) which gives start-ups a \u201cgreenlane\u201d when applying for the National Technology and Innovation Sandbox (NTIS).<\/li>\n<li>The possibility to co-create further high-potential ventures alongside FWD.<\/li>\n<li>Access to the studio\u2019s mentorship programme.<\/li>\n<li>FWD workshops with coaching on areas such as design thinking and an insurtech 101.<\/li>\n<li>Immersion into the vibrant Malaysian insurtech network, currently the Islamic finance hub.<\/li>\n<\/ul>\n<p>[<a href=\"https:\/\/www.fwd.com.my\/en\/press\/2021\/FWD-Start-Up-Studio\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Source<\/a>]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Studio aims to be a leading innovation hub to support insurtech and takafultech start-ups in Malaysia.<\/p>\n","protected":false},"author":1,"featured_media":47262,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[216],"tags":[700,363,701],"class_list":["post-47257","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-updates","tag-fwd","tag-insurance","tag-start-up-studio"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FWD Launches The FWD Start-Up Studio To Support Malaysian Startups<\/title>\n<meta name=\"description\" content=\"The Studio aims to be a leading innovation hub to support insurtech and takafultech start-ups in Malaysia.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.imoney.my\/articles\/fwd-launches-studio\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FWD Launches The FWD Start-Up Studio To Support Malaysian Startups\" \/>\n<meta property=\"og:description\" content=\"The Studio aims to be a leading innovation hub to support insurtech and takafultech start-ups in Malaysia.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.imoney.my\/articles\/fwd-launches-studio\" \/>\n<meta property=\"og:site_name\" content=\"iMoney Malaysia\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-23T03:15:39+00:00\" \/>\n<meta property=\"og:image\" 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