GEORGE TOWN, September 5 – Colla.team, a prominent partner of MDEC’s sharing economy platform, is thrilled to announce the successful launch of the Web Business Accelerator (WBA) in collaboration with the Penang Youth Development Corporation (PYDC) on August 4, 2023. The WBA program aims to address Malaysia’s digital talent gap by upskilling recent graduates and young talents, including undergraduates, in cutting-edge technology skills.
Beyond empowering youth with sought-after digital expertise, the initiative intends to create high-paying gig opportunities, thereby elevating income prospects through technology. The Web Business Accelerator offers a comprehensive training curriculum that encompasses essential areas like digital marketing, high-paying gig prospects, web design, AI tool application, social media enhancement, cyber security, and more. Catering to the needs of fresh graduates and undergraduates, the WBA creates a supportive ecosystem for young talents to thrive in the digital landscape.
Supported by the Ministry of Higher Education (MOHE)-endorsed Penjana KPT CAP, Colla.team collaborates with esteemed institutions such as the University of Malaya (UM) and enjoys strong backing from notable partners including the Malaysia Digital Economy Corporation (MDEC), Universiti Sains Malaysia (USM), Penang Youth Development Corporation (PYDC), Samenta, DotAsia Registry, MYNIC, Perkeso, Bigdomain, BigAcademy, and others. Having partnered with PYDC since September 2020 through the Penang Young Digital Talent (PYDT) program, Colla.team’s collaboration has successfully trained over 2000 digital talents to date, expanding its influence nationwide.
This collaboration underscores Colla.team’s dedication to nurturing young digital talents, reinforcing Malaysia’s reputation as a key hub for tech-savvy individuals. The Web Business Accelerator has garnered an overwhelming response, with over 100 applications flooding in from diverse universities across the country. Applications have been received from prestigious institutions including Universiti Sains Malaysia (USM), Universiti Malaya (UM), Universiti Pendidikan Sultan Idris (UPSI), Universiti Teknologi MARA (UiTM), Universiti Teknikal Malaysia Melaka (UTeM), and more.
Candidates undergo a blend of online and offline tutor-led training, followed by up to 12 months of mentorship and apprenticeship job matching with prominent companies. Aligned with the Penang Young Digital Talent initiative, the WBA collaborates closely with PYDC in Penang, aiming to transform Malaysia into an Asian hub for young digital talents, with Penang leading the way. The Web Business Accelerator addresses the challenge of talent shortages faced by businesses. According to the World Economic Forum, there will be an estimated 149 million new digital jobs by 2025.
Spanning areas like privacy and trust, cybersecurity, data analysis, machine learning, AI, cloud and data roles, and software development. Through the WBA, young talents are provided with a platform to enhance their skills, earn micro-credentials, develop portfolios, and gain valuable work experience, ultimately opening doors to higher-paying jobs and gigs.
