Malaysia is committed to becoming a hub for startups and aims to rank among the top 20 global startup ecosystems by 2030. The government plans to stimulate the startup scene through supportive policies, talent development, and a vibrant entrepreneurial ecosystem. However, challenges such as funding, regulatory barriers, and attracting top talent still need to be addressed.
By Digital News Asia April 12, 2024Allows investors to gain valuable insights into Malaysia ’s digital landscape
With the government playing a critical role in fostering a conducive environment for startups, Mosti believes that initiatives like the KL20 Summit taking place on 22-23 April 2024 can propel Malaysia into the top 20 global startup ecosystems by 2030. Efforts to streamline regulations, promote efficient resource management and modernise public services are creating a more supportive environment for startups to flourish.
This initiative will dismantle bureaucratic hurdles, expedite approvals and empower entrepreneurs to navigate the startup journey with greater ease. This is crucial in boosting our innovation scene towards achieving KL20’s goals,” Chang added.Access to funding remains a hurdle for many startup entrepreneurs, especially during the early stages. Initiatives like KL20 help in bridging this gap.
Malaysia Startup Scene Global Ecosystem Government Policies Talent Development Entrepreneurial Ecosystem Funding Regulatory Barriers Top Talent
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
M'sia aims for 80% rice self-sufficiency by 2030, says Mat SabuSINGAPORE: A man who attempted to get another man to “tailgate” a concertgoer into Taylor Swift’s concert has been jailed for two weeks in what is believed to be the Republic’s first concluded prosecution linked to the American pop star’s Eras Tour.
Read more »
Sarawak deputy minister: State aims to reduce carbon intensity by 45pc by 2030KUCHING, April 9 — The Sarawak government intends to take actions that are aligned with Malaysia’s commitments under the Paris Agreement to reduce carbon intensity by 45 per...
Read more »
Asean researchers: Malaysia on track for high-income status by 2030SINGAPORE: Malaysia is on track to becoming a high-income nation by the end of the decade, according to the Asean+3 Macroeconomic Research Office (Amro).
Read more »
Mosti sees Malaysia venture capital penetration rate rising 0.25-0.35pc by 2030KUALA LUMPUR, April 1 — The Ministry of Science, Technology and Innovation (Mosti) foresees Malaysia’s venture capital penetration rate increasing by 0.25-0.35 per cent and...
Read more »
MAHB: LTSAAS mampu kendali lapan juta penumpang setahun menjelang 2030KUALA LUMPUR: Lapangan Terbang Sultan Abdul Aziz Shah (LTSAAS) akan berupaya mengendalikan lapan juta penumpang setahun (ppa) menjelang 2030 di bawah ...
Read more »
MAHB: LTSAAS to accommodate eight mln passengers per annum by 2030KUALA LUMPUR: The Sultan Abdul Aziz Shah Airport (LTSAAS) will be able to accommodate eight million passengers per annum (ppa) by 2030 under the Suban...
Read more »