Investments set to bolster innovation in Malaysia's digital economy Six to receive US$100k each, 7th will receive strategic investment
Responding to the pivotal need to remain competitive through innovation, PETRONAS in 2019 launched PETRONAS FutureTech to uncover visionary entrepreneurs with breakthrough technologies to accelerate the tech-driven startup ecosystem of Malaysia.
Petronas pivots towards developing technology-driven sustainable solutions Impart best practices, offer startups greater market access & regional scalability
In addition to financial, technical & networking aid, follow-on funding of US$1mil Has brought together 1k startups worldwide, including key ecosystem players
Each to get US$25k investment from final pilot round Carsome hopes to find partner able to deliver cutting-edge innovation
Sunway invested US$47.2mil in startups & venture building in past few years Platform for startups in auto ecosystem to scale via mentorship, partnership
Looking for trifecta of good startup business – Desirability, Viability, Feasibility US$11,950 seed funding available per startup plus credits for various digital tools
Emtek Group makes US$375mil investment into Grab Indonesia, both aim to be key driver to accelerate digital adoption
Accelerate digital transformation for MSMEs in Tier 2 and Tier 3 cities 1st initiative an accelerator for MSMEs with solutions by Bukalapak & Grab
Shortlisted based on three main criteria: Entrepreneur, Business & Timing Part of commitment to build a more robust entrepreneurship ecosystem
Total valuation of startups increased by more than US$14.4mil by May 2021 Opportunity to work with corporates via pilot projects, run product testing The Corporate Accelerator Program by Nexea is now open to all Malaysian-based technology startups and scaleups.