Startup Commons

  • Startup Commons
    • About Us
    • Our Team
    • Our Customers
    • Services And Pricing
    • Our Business Model
    • Our Digital Solutions
    • Our History
    • Contact Us
    • Partner With Us
    • Request For Speakers
    • Job Opportunities
    • International Internships
  • Business Creators
    • About Business Creators
    • Creating Businesses
    • What Is A Startup
    • Startup Development Phases
    • Growth Academy Elearning Platform
    • Founders Shareholders' Agreement and Team Building Online Training
  • Support Providers
    • About Support Providers
    • Learn About Startup Ecosystem
    • Startup Development Phases
    • Providing Support Functions
    • Innovation Entrepreneurship Education
    • Innovation Entrepreneurship Curriculum
    • Growth Academy eLearning Platform
    • Certified Trainers
    • Become Growth Academy Provider In Your Ecosystem
    • Growth Academy Training On-Site By Startup Commons
  • Ecosystem Development
    • About Ecosystem Developers
    • What Is Startup Ecosystem
    • Ecosystem Development
    • Ecosystem Development Academy eLearning Platform
    • Subscribe to Support Membership
    • Ecosystem Operators
    • Development Funding
    • For Development Financiers
    • Startup Ecosystem Maturity
    • Case Studies
    • Submit Marketplace App Challenge
    • Become Ecosystem Operator
  • Digital Transformation
    • Digital Transformation
    • Ecosystem Operators
    • Apply To Become Ecosystem Operator
    • Applications Partnership
    • Ecosystem OS
    • General Data Protection Regulation (GDPR)
    • Digital Ecosystem Applications
    • App Developers
  • Contact Us
  • Startup Commons
    • About Us
    • Our Team
    • Our Customers
    • Services And Pricing
    • Our Business Model
    • Our Digital Solutions
    • Our History
    • Contact Us
    • Partner With Us
    • Request For Speakers
    • Job Opportunities
    • International Internships
  • Business Creators
    • About Business Creators
    • Creating Businesses
    • What Is A Startup
    • Startup Development Phases
    • Growth Academy Elearning Platform
    • Founders Shareholders' Agreement and Team Building Online Training
  • Support Providers
    • About Support Providers
    • Learn About Startup Ecosystem
    • Startup Development Phases
    • Providing Support Functions
    • Innovation Entrepreneurship Education
    • Innovation Entrepreneurship Curriculum
    • Growth Academy eLearning Platform
    • Certified Trainers
    • Become Growth Academy Provider In Your Ecosystem
    • Growth Academy Training On-Site By Startup Commons
  • Ecosystem Development
    • About Ecosystem Developers
    • What Is Startup Ecosystem
    • Ecosystem Development
    • Ecosystem Development Academy eLearning Platform
    • Subscribe to Support Membership
    • Ecosystem Operators
    • Development Funding
    • For Development Financiers
    • Startup Ecosystem Maturity
    • Case Studies
    • Submit Marketplace App Challenge
    • Become Ecosystem Operator
  • Digital Transformation
    • Digital Transformation
    • Ecosystem Operators
    • Apply To Become Ecosystem Operator
    • Applications Partnership
    • Ecosystem OS
    • General Data Protection Regulation (GDPR)
    • Digital Ecosystem Applications
    • App Developers
  • Contact Us

Startup Commons Malaysia Startup Ecosystem Tour

26/5/2017

Comments

 
In recent years, the Government of Malaysia has been taking proactive steps to build a strong infrastructure for the Malaysian entrepreneurship scene. The development of a strong and sustainable startup ecosystem is considered to be a key economic driver for the nation to remain competitive in the global landscape.

MaGIC (Malaysian Global Innovation and Creativity Centre) was launched on the 27th of April 2014 by President Barack Obama and Prime Minister YAB Dato’ Sri Mohd Najib Tun Abdul Razak. Since the birth of MaGIC, there has been a significant number of entrepreneurs benefiting from the programs and initiatives offered by the Centre. 

Startup Commons was invited to host a workshop at MaGIC on building digitally connected and data-driven startup ecosystem. The workshop supported the mission to catalyze the entrepreneurial ecosystem in Malaysia by introducing key stakeholders of ecosystem development to the framework targeting various activities and measuring the impact of these activities, and also providing better understanding of the relations between different areas.

"The workshop participants found useful insights on the architecture of startup ecosystem around the world, that will be useful when building similar ecosystem for Malaysia. On the other note, participants learned on designing program and platform that is data and KPI driven, allowing us to achieve result with higher effectiveness." MaGIC

The workshop generated great interest from the participants. We at Startup Commons hope that tools provided and skills learnt at the event will contribute to strengthening the entrepreneurship community.

With a view to build a sustainable long-term partnership, Startup Commons top-level people met with several organisations in Malaysia to get a better understanding of local startup ecosystem, its challenges and opportunities. These are major stakeholders in building robust startup ecosystem:

  • MyIPO – the official portal of Intellectual Property Corporation of Malaysia and act as governing body for intellectual property in Malaysia
  • PlaTCOM Ventures Sdn Bhd – the national technology commercialisation platform of Malaysia
  • Technology Park Malaysia Corporation Sdn Bhd (TPM) – the  Innovation Facilitator and Enabler
  • MyHarapan – supporting youth projects and initiatives that contribute to nation-building efforts
  • ADAX – developing the Data Analytics Ecosystem in Malaysia and ASEAN region
  • Malaysia Venture Capital Management Berhad (MAVCAP) - helping nurture potential technology based companies into big thriving businesses
  • Cradle Fund Sdn Bhd (Cradle) - leading provider of early stage funding to innovative and aspiring entrepreneurs
Conclusions

Malaysia is definitely placing great importance on the development of its digital economy as it will be a key pillar of its current and future economic growth and MDEC, has taken the mandate to look at the Digital Economy of Malaysia in a more holistic manner, involving also other agencies that are playing a relevant role.

Many of these agencies have the mandate to become more self sustainable, having already initiated a transition to reduce public funding dependency towards self sustaining agency operations. This direction requires “business-minded” people leading and operating these agencies and therefore, even more special focus on measurement-driven, efficiency and results as the only way to improve.

In the context of startup ecosystem, different agencies agree on the need to bring more networking, collaboration and connectivity amongst them and while offline activities already "get it", - digital is no different and it should reflect that: interactions, service processes, service development, ecosystem management, etc. Therefore, there’s initial common vision and good starting point to explore a digital approach aimed to bring more digital connectivity to all parties involved so that information can flow horizontally to reach other organisations, as well as measurability and scalability to make life easier to all actors for best navigation within the startup ecosystem.

Startup Commons team has been invited to build a piloting project proposal, with main objective to initiate data and KPI’s -driven approach by data collection and metrics implementation in order to become more efficient in end-to-end perspective (user, operative and decision making level). The piloting project itself will be a big opportunity for Malaysian agencies to understand this digital startup ecosystem infrastructure that will bring more synergies to boost productivity, competitiveness, and resilience.

This is originally posted by Startup Commons Team. You are free to re-edit and repost this in your own blog or other use under Creative Commons Attribution 3.0 License terms, by giving credit with a link to www.startupcommons.org and the original post
Comments
    Our Services
    Supporting startup ecosystem development, from entrepreneurship education, to consulting to digital infrastructure for connecting, measuring and international benchmarking.
    Picture
    ​Subscribe for updates
    Startup ecosystem development updates with news, tips and case studies from cities around the world. 
    Subscribe

    Join Us?

    Are you interested to join our global venture to help develop startup ecosystems around the world? 
    Learn more...
    ​

    Archives

    December 2023
    November 2023
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    January 2021
    November 2020
    June 2020
    May 2020
    April 2020
    March 2020
    October 2019
    June 2019
    February 2019
    November 2018
    October 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    May 2017
    February 2017
    December 2016
    July 2016
    March 2016
    February 2016
    January 2016
    November 2015
    October 2015
    July 2015
    June 2015
    May 2015
    April 2015
    March 2015
    January 2015
    December 2014
    November 2014
    October 2014
    September 2014
    August 2014
    July 2014
    June 2014
    May 2014
    April 2014
    March 2014
    February 2014
    January 2014
    July 2013
    June 2013

    Categories

    All
    Accelerator
    Africa
    Asia
    Australia
    Commitment
    Concepting
    Design
    Digital
    Ecosystem
    Establishing
    Europe
    Event
    Growth
    Incubator
    Infrastructure
    Innovation
    Investment
    Leadership
    Lean Startup
    Mentor
    North America
    Report
    Scaling
    Startups
    Team
    Validation
    Vietnam
    Vision

    RSS Feed

Startup ECOSYSTEM DEVELOPMENT
To Scale INNOVATION Entrepreneurship

Business
​Creators

What is a Startup?
Startup Development Phases
Business Creation
​
Growth Academy eLearning 

​​Support
​Providers

Supporting Startups
​
Startup Curriculum
​
From Technology Transfer to Open IPR
Support Providers
​Knowledge Center
​
Funding Sources
Growth Academy eLearning ​

​​Ecosystem
​Developers

What is Startup Ecosystem?
​From Innovation Ecosystems to Startup Ecosystems
Startup Ecosystem Development
Startup Ecosystem Maturity
Ecosystem Developers 
​
Development Funding 

Ecosystem Operators

About Ecosystem Operators
Funding Sources
​Digital Ecosystem Applications
EcosystemOS​


Picture
Subscribe to our mailing list
Entrepreneurship, innovation and startup ecosystem development updates, with news, tips and results from cities and organizations around the world.  #startupecosystem
Subscribe
Growth Academy eLearning | Resources | Blog
Join Us | Sharing Policy
Picture
Service by Digiole Oy
​© 2025 Digiole Oy some rights reserved