# Selangor Information Technology & Digital Economy Corporation (Sidec)

> Sidec is Selangor’s government-linked digital economy company. It supports Malaysian SMEs and technology startups through digital adoption training, accelerator programmes, industry partnerships and international market access, and spearheads Malaysia’s Semiconductor IC Design Park ecosystem and related talent development.

- **Founded:** 2015
- **Headquarters:** Puchong, Malaysia
- **Products:** Retail-X, Deep-X, Token-X, Wira AI, Malaysia Semiconductor IC Design Park
- **Notable:** By August 2019, SITEC reported 91 free e-commerce classes and more than 450 merchants in Online 100., Launched the Puchong Malaysia Semiconductor IC Design Park on 6 August 2024., IC Design Park 2 in Cyberjaya launched in November 2025.

## Products & services

- **Retail-X** — Retail technology acceleration for Malaysian B2C SMEs, combining mentorship, digital adoption, pitching and market access. The 2026 eligibility list specifies RM1 million-RM10 million annual GMV.
- **Deep-X** — A 12-week deep-tech accelerator focused on AI and science or engineering ventures with validated technology or prototypes, offering commercialisation and investor access.
- **Token-X** — A 12-week digital-assets, blockchain and tokenomics accelerator with technical, business and regulatory-readiness criteria.
- **Wira AI** — Practical AI adoption training for SMEs, startups, corporate teams and women entrepreneurs, focused on assistants and workflow integration.
- **Malaysia Semiconductor IC Design Park** — Chip-design ecosystem infrastructure in Puchong, followed by IC Design Park 2 in Cyberjaya in November 2025.
- **ASEM** — Advanced Semiconductor Academy of Malaysia: employer-linked semiconductor education and domestic and international training pathways.
- **World Stage Venture** — International missions, pitching and business matching for selected Malaysian companies.
- **Malaysia Top E-Commerce Merchant Awards** — Merchant competition combining visibility, sales performance and prizes; the fourth edition took place in 2019.

## Achievements

- By August 2019, SITEC reported 91 free e-commerce classes and more than 450 merchants in Online 100.
- Launched the Puchong Malaysia Semiconductor IC Design Park on 6 August 2024.
- IC Design Park 2 in Cyberjaya launched in November 2025.
- April 2026 update reported 302 engineers hired across park companies, around 80% fresh graduates.
- June 2026 release reported 270 startups nurtured across eight accelerator cohorts and RM204 million raised by the supported startups; this is not Sidec corporate funding.
- Homepage reports more than 80 programmes and initiatives and 70,000+ entrepreneurs, SMEs and startups supported.

## Latest updates

- **2026-10** — Procurement notices dated 5 October seek Cadence and Synopsys EDA tool supply, installation and maintenance; closing date listed as 22 October.
- **2026-06** — Triple Accelerator Programme launched on 11 June, adding Token-X alongside Deep-X and Retail-X, and introducing Wira AI.
- **2026-04** — Sidec reported 302 engineers hired across the IC Design Park ecosystem and a year-end target of 400.

## Links

- Website: https://www.sidec.com.my/
- LinkedIn: https://www.linkedin.com/company/selangor-information-technology-digital-economy-corporation-sidec/
- Twitter/X: https://x.com/sidecmy
- YouTube: https://www.youtube.com/@Sidecmy
- Instagram: https://www.instagram.com/sidecmy/
- Facebook: https://www.facebook.com/sidecmy/

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Profile page: https://yespress.io/selangor-information-technology-and-digital-economy-corporation-sidec
Published by YesPress — https://yespress.io
Last updated: 2026-10-08