Khazanah launches US$40mil Future Malaysia Programme to boost startup ecosystem

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Khazanah launches US$40mil Future Malaysia Programme to boost startup ecosystem - Digital News Asia

Quick Summary:

Spur startup ecosystem of founders, venture capital & corporate venture

CelcomDigi anchor partner driving initiative via its Innovation Centre Khazanah Nasional Bhd announced last Thursday the launch of the Future Malaysia Programme, an initiative under its Dana Impak mandate, which aims to support the startup ecosystem of entrepreneurs, startups, venture capital, and corporate venture programmes through collaborations with domestic and international partners.

Dana Impak is a US$1.34 billion (RM6 billion) commitment over 5 years and is a key pillar under Khazanah’s Advancing Malaysia strategy, seeking to invest across six themes based on issues and challenges facing the nation, that include Digital Society and Technology, Quality Health and Education for all, Decent Work and Social Mobility, Food and Energy Security, Building Climate Resilience and Competing in Global Markets.