Mosti sees Malaysia venture capital penetration rate rising 0.25-0.35pc by 2030

Cozo Cafe is a welcome addition to Cheras' Taman Alam Jaya with its chicken rice, chicken chop and more

Malaysia Venture Capital Management Bhd chief operating officer Noor Amy Ismail said the government has been focusing on building the local venture capital ecosystem, especially from the funding perspective.“We hope that the MVCR will be able to address it as we need to build a funnel,” she told reporters after the launch of the roadmap here, today.

Crafted through meticulous collaboration and strategic foresight, Chang said the roadmap is set to spark innovation, foster entrepreneurship, and drive economic growth across the nation. With insights and contributions from industry leaders and experts, Mavcap said the MVCR is a visionary blueprint to propel Malaysia to the forefront of the global innovation landscape.

These interventions are grouped under three key strategies, namely the Ease of Doing Business; Improving Funding Accessibility; and Elevating Malaysia’s Venture Capital Talent Pool.

Technology Technology Latest News, Technology Technology Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Hydrogen economy: MOSTI to ensure RM12 bln revenue target achieved by 2030PUTRAJAYA: The government will continue intensifying its efforts to introduce green hydrogen technology in Malaysia to achieve the RM12 billion revenu...
Source: theSundaily - 🏆 25. / 51 Read more »

Malaysia aims for 100 local tech companies with RM1bn revenue by 2030The Ministry of Investment, Trade and Industry (MITI) is aiming for Malaysia to have 100 local technology companies with annual revenue of RM1 billion by 2030. The government will continue to support local companies in research and development (R&D) and innovation by providing assistance to small and medium enterprises (SMEs) nationwide.
Source: theSundaily - 🏆 25. / 51 Read more »