GMP China

TusStar is China’s largest technology incubator and a key part of TusHoldings, a diversified science and technology holding group managing approximately USD $30 billion in assets. TusHoldings is recognised as the largest university science park in the world. TusStar has established a vast global network, operating 300 incubators across 80 cities, including China, Malaysia, Thailand, Australia, Vietnam, the United Kingdom, and Canada. With over 180 incubators in China alone, we partner and collaborate with governments, universities, and leading industry players to empower entrepreneurs, helping them scale their businesses internationally, connecting resources and strategic partners.

TusStar Malaysia offers comprehensive support to Malaysian companies aiming to expand into the Chinese market. Our services include market entry strategies, local partnership facilitation, regulatory guidance, and access to investment opportunities. By leveraging our extensive network and deep understanding of the Chinese business environment, we help Malaysian companies navigate challenges and capitalise on growth opportunities in China.

Programme Information

Application Date
1 July -
8 November 2024
Programme Date
25 November -
16 January 2025
Programme Fees
RM 5000 per startup (2-3 pax)
Participants
2-3 person per Startup
Programme Stages
Pre-Immersion Trip
General information on the Chinese eco-system – focused on technology and innovation
  • Market potential and opportunities for Malaysian innovators in the market
  • Business culture & regional strength - invest in municipalities of China
  • Legal affairs, financing & marketing strength — invest in new first-tier cities
  • Specific opportunities and incentives by the Chinese governments and private sector
  • Building processes, relationships and networks to leverage opportunities in China
Immersion Trip
Precise business matching session
  • Individual one-to-one virtual meetings between companies and Chinese ecosystem players
  • To match 1 local startup with 5 Chinese ecosystem players
VentureX Business Matching
Business matching meetings (inbound)
  • Business matching meetings with inbound international corporates, companies, and industry to explore landing partnerships in Malaysia
Validation Trip
  • To work with the innovators to curate and shortlist the innovators based on their priorities and with whom they would like to engage. TusStar Malaysia will then arrange the physical trip to China, set up in-depth B2B discussions between the Malaysian innovators and organisations
  • Malaysian innovators and the shortlisted organisations to facilitate letters of intent (LoI), memorandum of understanding (MoU) and/or cooperation agreements to develop suitable business models, deployment of proof of concepts (POC)/demonstration projects, signing of commercial contracts, etc
  • Physical visits to China should be made by sufficient companies that are interested. All transportation, flights and accommodation costs are to be borne by companies respectively
Closing Ceremony
  • Company Showcase - The company showcase is to highlight companies and partners' collaborations during the time of the programme. The showcase will be pre-recorded and broadcast publicly to announce the products to the public.

Eligibility

High Growth - Expansion Stage / Researchers’ Spin-Offs  
(expansion ready with validated business model)
Strong Financial Records
(minimum RM 1 Mil per annum)
Commercialised
(TRL 6 or Series A and above)
Solid Traction
(secured sufficient local market with steady transactions)
Majority Malaysian-owned or IP based in Malaysia

Prioritised Verticals

Agri Tech
BioTech
HealthTech
Manufacturing / EcoTech
Autonomous
Tech
IoT / Artificial Intelligent
Robotic / Drone
Programme Timeline
Global Market-Fit Programme China 2024
Application Opens
1 July 2024
Application Closes
8 November 2024
Pre-Immersion
25 November 2024
Immersion
8 December 2024
B2B Meeting
December 2024
Validation Trip
16 January 2024
Incentives Offer
MRANTI, MyStartup Hub Programme Is Offering Incentives Worth USD 5,750 To Selected Global Startups Under The MyStartup Hub Programme!
Stage 0: Access To Malaysia Programme Cost Is USD 1500.
How can I claim the Incentive?

After Stage 0, if your company chooses to proceed with the programme in Malaysia, upon fulfilling the following commitments,

  • SSM registration with paid up capital and,
  • Hire more than 3 local talents

You may apply to claim the incentives. Upon approval, MRANTI shall grant the  Stage 2 Talent Hiring Incentive (USD 750) + Stage 3 Market Access Programme (worth USD 3,500) to you.

Note: MRANTI will provide guidance and assistance to fulfill the requirement 1 & 2. Once you have completed Stage 1 & Stage 2 you will be subjected to approval to go through Stage 3 which will be fully sponsored by MRANTI. Stage 3 incentive cannot be claimed in the form of cash.

Disclaimer: We DO NOT guarantee in providing specific connections that you want and DO NOT guarantee successful partnerships, we will be assisting you at best effort basis. All costs incurred during Stage 1 - business registration, visa, employment passes, process applications & etc; Stage 2 - talent hiring process applications, commission and fees & etc are to be borned by the startup unless mentioned otherwise. *Terms & Conditions apply

More Information
What is the MyStartup Hub 2022?
What are the objectives of the programme?
How will MyStartup Hub help?
More FAQs