The Malaysian Research Accelerator for Technology and Innovation (MRANTI) hosted its
Global Accelerator Program (GAP) Demo Day: Thematic Edition Demo Day. MRANTI is a division under the Ministry of Science, Technology and Innovation (MOSTI).
15 companies took part in this event, showcasing their innovative solutions for four different industries, namely Medicine and Healthcare, Business Services and Finance, Water and Food, and Drone Technology.
The selected 15 companies from the overall programme that pitched during Demo Day
are:
- Cytonex (cell research)
- Sonicboom (cashless payment machines)
- Medika Natura (biopharmaceutical)
- Seashore Networks (private wireless network)
- NexMind (SEO)
- Izmir Tech (renewable energy, drone, and space)
- Vstream (commercial and industrial drones)
- RABT (content on-demand for Muslims)
- Orilin (manufacturing and distributing stingless bee honey chewable tablets)
- SkillSeed (STEAM & TVET projects & activities for kids, parents, students and teachers)
- ThreeOpp (broadband infrastructure systems)
- MySmartOH (cloud-based Occupational Health solution)
- Physiomobile (healthcare)
- Rootally AI (AI-powered rehabilitation)
- Luwjistik (logistics)
A total of 38 start-up companies participated in the 6th cohort and the first under the rebranded MRANTI GAP. These companies went through three months of training to accelerate their growth in terms of commercialisation and readiness to generate investment through the development of innovative solutions that would impact society, the economy, and the world beyond.
Malaysia has incredible potential to leverage and capitalise upon, but this would need a much tighter collaboration within the innovation ecosystem to support the growth and success of various industries.
Through MRANTI, we aim to streamline and drive higher returns from the Research, Development, Commercialisation and Innovation (R&D&C&I) value chain.
MOSTI, Minister, YB Dato’ Sri Dr. Adham Bin Baba.
He explained that, for Malaysia to increase its commercialisation rate and achieve the country’s vision to be amongst the 20 most innovative countries by 2030, a cohesive and synergistic ecosystem is needed, to serve as a “bridge” between research and commercialisation.
Our goal at MRANTI is to assist these companies, by providing them with the support they need to develop their business, generate more job opportunities, and to improve the general national economy and innovation capabilities.
A total of 38 companies from Malaysia, Singapore, Russia and the United Kingdom took part in this year’s cohort that spans four thematic accelerator tracks. We’ve decided to hyper focus on these 4 markets to offer a more specialised curriculum that addresses the unique challenges and requirements of the industries.
MRANTI, CEO, Dzuleira Abu Bakar.
This round, the MRANTI GAP programme comprises of two main phases, namely
the commercialisation phase, followed by the pilot project and funding phase. The commercialisation phase helps companies to upscale towards investment readiness, and irons out preliminary hurdles of the business.
While in the second phase, companies will put their pitching skills to use to secure funding for market expansion and diversify their portfolio. Upon completing this phase, MRANTI will also provide the companies with additional support and monitoring to jumpstart their growth.
