Focus must expand beyond funding provision, should include ecosystem development and talent attraction.
Most startups in Malaysia do not have adequate expertise in legal or financial matters, says Malaysian Technology Development Corporation CEO Hazani Hassan.
“It is not just about funding but it must also focus on the development of the ecosystem, incubation, the drivers and attracting more talent. Hazani also proposed that the government should focus on the “sandbox” programme to assist emerging technology in getting the required validation to penetrate the market.
“Once we have more startups, people in the startup industry can bring in more technology, just like in Silicon Valley,” he said, adding that his wish is to see more startups, and potentially unicorns, in Malaysia. Meraque CEO Razalee Ismail said this is due to the nature of R&D, which involves time and cost that could affect the viability of new emerging technologies.
Italia Ultime Notizie, Italia Notizie
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