GMP China

GMP China

TusStar

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.

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GMP 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)
GMP China

Programme Stages

Pre-Immersion Trip (5 days)

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 (5 days)

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 (5 days)
  • 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.
GMP China

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

Prioritised Verticals

Gain an edge over others when your innovation or solution centers on TiPM’s prioritised verticals

Agri Tech

BioTech

HealthTech

Manufacturing / EcoTech

Autonomous Tech

IoT / Artificial Intelligent

Robotic / Drone

GMP China

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