Phnom Penh- 16th July 2025, 7 businesses showcase their investment pitch in front of audiences, including investors, international organizations, corporations, and key stakeholders in startups and the startup ecosystem leader at Shangri-La Phnom Penh. The event is presided over by H.E. Dr. Chhieng Vanmunin, Chief Executive Officer of Khmer Enterprise, alongside Cellcard Chief Commercial Officer, Enterprise Business, Mr. Chea Tola.
“This acceleration program is more than just mentorship and pitching competition—it is about equipping entrepreneurs with the founder tools, relevant skills, and connections to enrich their experiences. Khmer Enterprise is proud to support these founders who are eager to grow their businesses through our supporting networks, ” said H.E. Dr. Chhieng Vanmunin, CEO of Khmer Enterprise.
“SprintX graduates have shown incredible strength. Last season’s batch achieved one equity investment, a USD 5 million service deal to provide service at scale, and cash awards totaling USD 30,000 from other programs. This season, with a high satisfaction level and increased investment readiness understanding amongst participants as measured by our program team, I expect to see even better success stories after our post-program advisory support, ” said Mrs. Jolyda Sou, Managing Director of Prestige Consulting.
As a diamond sponsorship for SprintX Season 2, Mr. Chea Tola, Chief Commercial Officer, Enterprise Business of Cellcard, said, “At Cellcard, we passionately believe that technology is the gateway to a more inclusive, more prosperous, and secure Cambodia. By supporting SprintX, Cellcard is proudly investing in the emerging innovative businesses that will reshape industries, create jobs, and build digital solutions that elevate every aspect of our nation's growth.”
The 7 startup teams selected during the Semi Final stage have gathered to pitch in front of the 4 independent judges one last time to find out which are the three teams to receive the grants supported by Khmer Enterprise. Toward the end the the demo day, the program has identified the 3 top scorers of this round are:
- KrubKrong, 1st place winner of SprintX Season 2, receiving the award of 20,000,000 Riels
- Green Living Packaging & Handicraft, 2nd place winner of SprintX Season 2, receiving the award amount of 16,000,000 Riels
- Chenda Khmer Recycle, 3rd place winner of SprintX Season 2, receiving the award amount of 12,000,000 Riels
Here's what previous fellows say about the program:
Eileen McCormick, Co-Founder of Bonlai and 1st place winner of SprintX Season 1, said, "SprintX has not just been a program for us; it has been a game-changer that has significantly elevated our investor readiness. This transformative experience has equipped us with powerful tools and strategic insights that make our business an attractive opportunity for investors. Joining the SprintX program has unlocked a network of invaluable connections, opening doors to potential partnerships and investment opportunities previously unimaginable. We are now poised not just to seek funding, but to forge lasting relationships that will fuel our growth and amplify our impact in the market."
SprintX Accelerator commenced in April 2025, where 12 startups and SMEs underwent eight weeks of masterclasses from experienced trainers, mentoring sessions, and one-on-one consulting sessions with Prestige Consulting. The topics covered are business strategy, product commercialization, digital marketing, sales techniques, building making business online presence, operational strategy, and a strong emphasis on investment readiness and fundraising.
After the 12 teams graduated from the master classes, along with the mentoring sessions from experts in different fields. All 12 teams presented their business pitches in front of the 4 judges with diverse backgrounds, including accelerator, finance, and organizations focused on startup ecosystems. The top 7 teams were selected to advance to Final Demo Day as a result. These finalists receive complimentary investment deal support from Prestige Consulting until mid-October 2025.
About KE
Khmer Enterprise (KE) is established by the Royal Government of Cambodia to implement the support programs and directly work with partners and beneficiaries. It aims to mobilize, invest, and manage resources, from all legitimate sources, to support the development of a vibrant entrepreneurial ecosystem and to provide financial and non-financial support to related entrepreneurial ecosystem builders. They are entrepreneurs, innovative startups, potential SMEs, and partner institutions who participate in promoting entrepreneurial activities, driving innovation, and value-added creation in Cambodia’s economy. For more information, visit
https://khmerenterprise.info/sector
Social networks: Facebook | Website
About Cellcard
Launched in 1997, Cellcard is Cambodia’s longest-serving and only 100% Cambodian-owned operator, reputed for its long history of first-to-market innovations, outstanding customer service, and the fastest, most reliable mobile network. Considered as one of the biggest telco companies in Cambodia, Cellcard services over four million customers with nationwide coverage and an expansive dealer and distribution network.
About Prestige
Prestige Consulting is a professional service firm specializing in business consulting (business development, financial and investment advisory, digital marketing), program management, training & capacity development, and tech development.
