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Seeking Innovative Impact Organisations & Startups With Sustainable Solutions For The Circular Economy
At Hong Leong Bank (HLB), we are constantly seeking sustainable and innovative solutions to make a difference to our customers, partners, and the communities around us.
HLB LaunchPad 2024 is the 6th instalment of our long running programme to support Malaysian entrepreneurship and the startup ecosystem. This year, we are seeking potential companies to work together and drive a compounding impact through sustainable initiatives focused on the circular economy.
Why Hong Leong Bank?
In recognition of our commitment to impactful sustainability, Hong Leong Bank has been honored with the "Bank of the Year - ESG Leadership Award" for four consecutive years. We are dedicated to fostering long-term value through programmes and initiatives that benefit both the environment and people, in line with our brand promise of being "Built Around You".
Now, we are inviting you to join us in our journey to becoming a changemaker in the sustainability landscape.
What Is The Circular Economy?
The circular economy is an economic system that reduces waste and maximises resource use by reusing, recycling, and regenerating materials and products. The goal is to retain products, components, and materials at their peak usability and value at all times while minimising environmental effect.
Examples of circular economy initiatives include:
This Year’s Theme Is
“Circular Economy Solutions for a More Sustainable Tomorrow”
Enhance Green Building & Sustainable Infrastructure Solutions
We are looking for eco-friendly construction practices and sustainable infrastructure solutions to reduce environmental impact, improve energy efficiency, and create resilient, future-ready living environments. These solutions may range from solar-based energy generation to rain water harvesting.
Addressing SDG #7: Affordable and Clean Energy, SDG #9: Industry, Innovation and Infrastructure
Reimagine How Goods Are Produced For SMEs
SMEs often face barriers in exploring and adopting sustainable practices due to limited resources and expertise. We are looking for solutions to transform the way products are produced, starting from the materials used in manufacturing to the packaging methods for distribution. These solutions may range from recyclable plastics, biodegradable packaging.
Addressing SDG #12: Responsible Consumption and Production
Explore Innovative Solutions In Waste Management
We are looking for practical, efficient and sustainable ways to handle, reduce, and repurpose waste. These could include waste-to-energy, upcycling, and micro-recycling solutions.
Addressing SDG #6: Clean Water and Sanitation, SDG #7: Affordable and Clean Energy, SDG #12: Responsible Consumption and Production
Programme Timeline
Programme Structure
Click “Apply Now”, fill in your details, and submit your application before 20th May 2024. All successful teams will be notified through email and/or phone by 3rd June 2024 with the necessary next steps.
Co-create and tailor your solutions with industry leaders and experts from the bank, as well as our network of ecosystem business partners, and customers.
Pilot your solutions to address one of the three business challenges of this year's theme. Successful pilots may be considered for commercialisation together with Hong Leong Bank.
Watch The Recap Of Our HLB LaunchPad 2022 Demo Day
Let’s Hear It From Our HLB LaunchPad Participants Themselves!
“The programme has been rewarding for us and has opened doors to have meaningful discourse and insights into how best for banks and fintechs to collaborate. We most appreciate the facilitation and centralised coordination by the Launchpad team to engage with so many different stakeholders and key people within the Bank. This programme will give back tenfold of the effort startups put into it!”
Learn more about them
"Through the programme, we now have a blueprint for how we approach and work with new corporate customers. We had the opportunity to develop an e-waste handbook for corporate clients to properly manage e-waste, which has inspired so many other companies to do the same and has given us serious credibility against our competition.”
Learn more about them
"Prior to HLB Launchpad, we’ve had some experience working with insurance companies but not with a bank. We were exploring on banks being potential partners for Bereev down the road. Through this programme, we were able to pitch to and receive feedback directly from the decision makers, which was exactly what we were looking for, enabling us to learn more about how a large financial institution worked, as well as how our platform would apply in that setting."
Learn more about them
"Pandai's participation in the HLB Launchpad programme is a significant value-add to our company. Through the programme, we get to know other startups in the ecosystem, and explore potential collaborations to expand our impact in education further."
Learn more about them
Check Out Our Past Participants Of HLB LaunchPad
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Our Valued Partners
Why Join?
Stand a chance to win cash prizes of RM50,000 in total for the Top 3 winners. Get access to funding such as the BNM High Tech & Green Facility (HTG).
Collaborate with Hong Leong Bank and our partners in refining and scaling your solutions. Also, explore opportunities with Hong Leong Bank's customer network to expand your market reach and potential customer base.
Be invited to pitch at the Angels & Unicorns Dinner, an exclusive dinner with specially curated guest lists made up of Super Angels, venture capitalist, and corporate investors, hosted by MBAN and supported by Hong Leong Bank.
Join Us Now If You Meet The Following Criteria
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Have an existing solution aligned with the circular economy
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Have commercial customers and/or partners
Aspire to expand with a scalable solution
HLB LaunchPad 2024 is the 6th instalment of our long running programme to support Malaysian entrepreneurship and the startup ecosystem.
This year, we are seeking potential companies to work together and drive a compounding impact through sustainable initiatives focused on circular economy.
The circular economy is an economic system that reduces waste and maximises resource use by reusing, recycling, and regenerating materials and products.
The goal is to retain products, components, and materials at their peak usability and value at all times while minimising environmental effect.
Examples of circular economy initiatives include:
There are several benefits of joining HLB LaunchPad 2024, such as:
Yes, if your solution addresses sustainability issues and also fit the requirements below:
No. The programme is equity-free and there is no payment needed to join the programme.
This year’s theme is “Circular Economy Solutions for a More Sustainable Tomorrow”.
Challenge statements for this year's theme are:
Companies are welcome to address one or more of the challenge statements with your solutions.
Once we have received your application, the initial selection round will commence. Successful candidates will be invited to a Virtual Question & Answer (Q&A) session with us. Subsequently, shortlisted applicants will qualify for mentorship opportunities with HLB and our external partners. Following this, they will showcase their solution on Pitch Day, where the winners will be chosen for a pilot project with HLB. The data gathered during their pilot phase will be analysed and presented to validate their solutions during Demo Day, where the top three winners will be selected.
All successful teams will be notified through email and/or phone by 3rd June 2024 with the necessary next steps.
No. Hong Leong Bank will not hold any equity in the impact organisations / startups that participate in this programme.
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