GoBuddy chosen to be part of MaGIC GAP in Malaysia

8.13.20

MaGIC extends application deadline for Global Accelerator Programme (GAP)


It is with great honor and excitement that we share the news that not only has GoBuddy been accepted into the MaGIC Global Accelerator Programme (Cohort 4), but that it has been announced as one of the Top 40 startups entering the program! The MaGIC Accelerator programme has received a total of 3079 applicants but accepted and aided only 112, so earning a place in the programme is a proud accomplishment.

The Accelerator Program is aimed at accelerating startups across the globe (that are interested in expanding business in the ASEAN region) to be investment ready in just three months, and at building a strong ASEAN startup community by cultivating relationships among companies. Benefits of participation include a stipend, potential funding,a pre-recorded curriculum, expert mentoring, and connection with route-to-market partners for collaboration and increased market access.

In order to be accepted into the programme, GoBuddy had to demonstrate high scalability with a growth potential business model and showcase an already-launched product with traction. As GoBuddy makes its way through the programme, we will eagerly watch to see how it makes the most of this opportunity and chance to grow even more!

“Getting into the ASEAN market has always been our primary target. We have an ambitious mission in helping this region, particularly the individuals and SMBs for digital transformation not by offering them with a marketing platform, but with digital infrastructure that can equip themselves with self-sustainable business success. 

Getting into MaGIC GAP is definitely an important milestone for us to tap into this market. We are looking forward to partnering with local startups and organizations to foster digital transformation of SMBs in the region ” 

KOW, CEO & Co-Founder of GoBuddy

About GoBuddy 

Founded in 2019, GoBuddy is a software company offering cloud solutions that enable anyone to start an online business and community with their own webstore and booking site at a minimal cost, starting from a free forever basic plan. We streamline operations and optimize the data in retail, events, ticketing, webinars and community building by putting them in one software. 

Our solution largely reduces setup, subscription and maintenance costs. Our innovation enables all these data no longer fragmented and segregated, but reunified to foster more business collaborations and build a positive business social harmony. 

GoBuddy is Selected into Cyberport Incubation Programme (Intake Oct 2019)


GoBuddy is excited and proud to announce that having graduated early from the Cyberport Creative Micro Fund (a program that provides $100,000 HKD for high-potential startup projects and business ideas), it has been accepted into the 2019 Cyberport Incubation Programme! The Cyberport Incubation Programme is designed to support entrepreneurs and digital-tech startups like GoBuddy with resources aimed at helping accelerate their growth.

Out of a large pool of applicants, GoBuddy was selected to join the program based on its merits in market viability, management team quality and competence, business scalability, prototype/product functionality and usefulness, and innovation.

Companies participating in the program can receive up to $500,000 HKD (equivalent to about $64,512.50 USD) to aid their development. We will initially be supplied with a working grant of $100,000 HKD, then up to a total of $200,000 HKD over a series of three progress reviews conducted every six months. We may earn the last $200,000 HKD after a two-tiered performance driven assessment assessing business performance, accumulated investment, industry recognition, expansion, talent development, and Cyberport engagement. In addition, the program also offers us the opportunity to meet with investors and fellow startup entrepreneurs, as well as other networking opportunities.

We look forward to seeing how we will grow with this wonderful opportunity and learning what the future holds in store for us!