MAGIC Idea Accelerator

MaGIC Impact Driven Enterprise Accreditation (IDEA) Accelerator is a six-week programme providing early-stage Impact Driven Enterprises (IDEs) and Social Enterprises (SEs) with an opportunity to pilot their idea, test business plans, solidify their impact delivery models and secure capital through fundraising using innovative entrepreneurship strategies.

Location:

Cyberjaya

Date(s):

Previous Programme

Time:

9am - 5pm

Duration:

6 Weeks

The MaGIC IDEA Accelerator is structured on a build, validate and learn cycle that requires participants to refine and develop their ideas into practical and implementable businesses that are impact driven.

The structure will be based on 5 themes and the top 5 solutions would be selected per theme. The five main themes are:

  1. Employment for the Marginalised
  2. Equality and Empowerment
  3. Pollution and Waste Management
  4. Income / Productivity Growth
  5. Community Development

During this programme you will:

  • Create a validation and execution plan
  • Gain traction on your ideas and build your community
  • Grow your following and enhancing marketing
  • Budget your financial requirements and best practices in fundraising
  • Craft your social business model canvas
  • Craft your proposal and pitch deck to be investment ready

Who is this programme for?

Malaysian Impact Driven Enterprises who have a clear vission and mission, a business plan and aim to be financially sustainable over the long term.

What is offered?

Accreditation
Enterprises will get a chance to be accredited under MaGIC’S Impact Driven Enterprise Accreditation (IDEA)

Accommodation
Allowance for accomodation will be provided for participants from outside of Klang Valley

Mentorship
Industry mentors would be assigned to each team to shorten learning curves

Allowance
Each team will get an allowance of RM2,000 to externally validate their idea

1. Ensure the set up and delivery of our learning programmes are fully inclusive and accessible, stress testing them through an anti-racism and discrimination lens

2. Ensure the content, theories and models used in our programmes reflect a wider range of culturally diverse global thinkers. 

3. Actively support the feature equity diversity and inclusion as a topic on our leadership programmes, supporting our facilitators to deliver this.

4. Ensure our recruitment and facilitator selection processes operate in a way that attracts and provides opportunities for more people from culturally diverse backgrounds.

5. Robustly monitor the demographics of our learners to ensure we are attracting learners that are more culturally representative of the communities we serve.

6. Provide ongoing support for staff and facilitators during our EDI journey, in particular to those who might come from diverse backgrounds. 

7. Support all facilitators, staff and board members with their ongoing learning and development around equity, diversity and inclusion. 

8. Engage with and learn from individuals and organisations locally and globally tackling systemic racism and injustice.

9. Share learning from the Equity, Diversity and Inclusion working group internally and with other organisations.

Do you want to empower the next generation of social entrepreneurs in England?

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