13th June, Wednesday – A MOU between Impact Hub Phnom Penh and Grab was signed in collaboration to support the ever-growing startup ecosystem in Cambodia.

Leveraging upon the strong regional and international presence of both companies, the partnership will support, promote and grow social innovations and startups. Supported by Grab Ventures, the company’s innovation arm, the agreement hopes to discover the next generation of technology leaders.

Olivia Hough, Managing Director of Impact Hub Phnom Penh said, “Grab has made a name for themselves as a rapidly growing tech startup in Asia and we are very pleased to be collaborating with them. It highlights to aspiring Cambodian entrepreneurs and innovators that Cambodia is an increasingly important marketplace, and that this growing sector will be supported by innovative companies. We hope that our combined strengths, network and presence will inspire and support Cambodian startups to grow.”

Chandara Veung, the Acting Country Head of Grab Cambodia also expressed his delight in the recent partnership. “As the leading Southeast Asia’s homegrown technology company, Grab is committed to utilize our resources and expertise to help pave the way for other local tech companies to rise and achieve success. We believe this partnership will stimulate greater innovation and lead to more dynamic growth in the digital economy of Cambodia in the long run.”

With the vision of both Impact Hub Phnom Penh and Grab aligned, programmes organised will include raising awareness, mentorship, and working together to enhance and support the growing entrepreneurship scene in Cambodia.