BizSmart Challenge 2024: Empowering SMEs for a Brighter Future
We are proud to have been part of the BizSmart Challenge Accelerator Edition 2024, an initiative by Alliance Bank Malaysia Berhad aimed at transforming the SME landscape. As an ecosystem partner, Cradle supported the programme by equipping the Top 30 contestants with mentorship, business coaching, and access to invaluable resources through the MYStartup Single Window.
Last night’s awards ceremony at Aurum, TRX Exchange was a celebration of resilience and innovation, highlighting the incredible journeys of the Top 13 finalists who were selected from a record-breaking 593 applications. Guests were treated to an engaging evening with speeches by Alliance Bank’s Group CEO Kellee Kam, Bikesh Lakhmichand , and Natalie Tan, followed by a showcase of the finalists' achievements and the much-anticipated award presentations.
The evening concluded with BioLoop taking home the RM250,000 grand prize, followed by Gula Cakery Sdn Bhd in second place and Volt Motorsports Sdn Bhd in third. BioLoop, a proud recipient of Cradle’s grant, exemplifies the innovation and determination we champion within the startup ecosystem. Special awards from Cradle, CGC, and investor partners further celebrated the accomplishments of these inspiring entrepreneurs.
We extend our gratitude to all our partners—CGC, 1337 Ventures, 5X Capital, and the venue sponsor, The Stride by EcoWorld—for their invaluable contributions. Together, we are shaping a brighter future for Malaysian SMEs and startups.