VentureX

VentureX is a technology matching programme for innovators worldwide seeking to establish a business presence in Malaysia. The international innovators are offered business matching, technology commercialisation opportunities, company establishment assistance, intellectual property registration & transfer, and talent recruitment.
WHY MALAYSIA?

Why Malaysia is the Ultimate Destination for your ASEAN Hub

A soft-landing programme for innovative companies. Establish your R&D hub in Malaysia, today. 

1st on of its kind Science & Tech Park in Malaysia

Access end-to-end support with the latest technology and facilities for your commercialisation journey.

2nd Most Developed Country in ASEAN

Malaysia is ranked 27th globally by the IMD World Competitiveness Ranking 2023.

3rd Lowest Cost of Living in ASEAN 48th Globally

According to the Mercer Cost of Living Ranking in 2022, Malaysia offers one of the most cost-effective living environment

Highly-Educated & Skilled Workforce

Over 40% of Malaysian students pursue tertiary education in various streams

Diverse Cultures and Languages

Malaysia is home to a vibrant multilingual and multicultural society

1st in Foreign Investment

Significantly outperforming other emerging markets and developing economies (EMDE) benchmark based on the Miken Institute in the Global Opportunities Index 2022 Report

20th in the World’s Strong Starters Ranking

According to the Global Startup Ecosystem Report 2023 by Startup Genome

Potential Market of 666 million people

The best getaway to the ASEAN market

High English Proficiency

Most Malaysians are multi-lingual and able to communicate in English
Eligibility

VentureX

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We are proud to support your ASEAN expansion journey by facilitating market access, regulatory compliance, administrative services, facilities, and local talent acquisition.
TARGET AREAS
  • Agritech
  • Health & Life Sciences
  • Sustainable Technology
  • Deep Tech

Sector focus, including but not limited to both verticals and horizontals

Revenue

Annual revenue between USD1 million to USD 20 million indicating market traction and scalability

Market Position

Demonstrated competitive advantage in technology or intellectual property

Regional Presence

Have not registered a business entity and interested in establishing an innovation hub in Malaysia

Expansion Intent

Have a clear business growth, ASEAN expansion plan and planning to employ local talents to help grow business in Malaysia and Southeast Asia

HOW IT WORKS?

Define Objectives

Define goal and scope of technology, gather requirements, and document technology profiles.

Identify Stakeholders

List out all stakeholders involved based on requirements.

Match Technologies

Compare and score technologies based on criteria, match international and local technology and/or company.

Facilitate Introductions

Organise meetings between technology seekers and technology providers

Negotiate and Structure Deals

Define roles, responsibilities, and ownership between local and international parties.

Formalise the Partnership

Seal the deal with a formal agreement based on the agreed collaboration structure.
Venturex

Application Process

Register

Register your interest to access Malaysia via technology matching and market access

Connect

VentureX team will reach out to potential international company for initial evaluation on eligibility for facilitation and support

Selection

Selected international companies receive the benefits and support provided

VALUE PROPOSITION

Technology Matching with Local Innovators

Market Access with Local Partners

Access to MATCH Platform

Consultation and Facilitation on IP Management

Venture Building with Local Experts

Curated High-Value Engagements

Access to 10 strategic meetings with key stakeholders, investors, and potential partners, ensuring the right connections for seamless technology matching and market entry

Technology Matching for Accelerated Expansion

Match with the right local innovators and industry leaders, maximising your success rate and fast-tracking your business growth in Malaysia

Uncover potential avenues for investment and assistance

Explore opportunities for funding and support upon successful company registration in Malaysia

More Information

What is VentureX 2025?

VentureX is a technology matching programme for innovators worldwide seeking to establish a business presence in Malaysia. The international innovators are offered business matching, technology commercialisation opportunities, company establishment assistance, intellectual property registration & transfer, and talent recruitment.

What type of companies are you looking for?

We are looking for global innovative companies that are in the high-growth stage, ready to expand in Malaysia and ASEAN. If you fit most of the criteria below, apply!

  • Sector Focus: Industries include Agritech, Health & Life Science, Sustainable Technology, Deeptech – both the verticals and horizontals
  • Revenue: Annual revenue between USD 1 million to USD 20 million, indicating market traction and scalability
  • Market Position: Demonstrated competitive advantage in technology or intellectual property
  • Clear growth plan and commitment to expanding into ASEAN
What are the benefits of this programme?

VentureX is offering international companies to gain market access by connecting with potential partners curated just for you! Participating companies are also eligible to uncover potential avenues for investment and funding support, subject to:

  • incorporation of a private limited company in Malaysia; or a project team setup; or a joint venture company; or a project team outsourcing to Malaysian entities/individuals; and
  • the Malaysian private limited company or the project team is hiring and maintaining a workforce of more than 3 local talents with an average monthly salary of RM4,000.
Does VentureX guarantee I get partnerships and specific connections in this programme?

As a disclaimer to our programme, 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.

Will VentureX provide travelling and accommodation reimbursement/claims during this programme?

No. Any travelling, accommodation and/or other expenses, it has to be borne by yourself. The programme is solely for organising the programme’s content. ALL COSTS INCURRED FOR BUSINESS REGISTRATION, VISA, EMPLOYMENT PASSES, PROCESS APPLICATIONS, TALENT HIRING PROCESS APPLICATIONS, COMMISSION AND FEES & etc ARE TO BE BORNE BY THE INNOVATORS unless otherwise mentioned.

What are the objectives of the programme?
  • Provide international companies with assistance in technology matching,  company incorporation, local talent acquisition, and local market access;
  • Provide business matching opportunities for innovative international companies with local innovators for technology knowledge transfer and creating high-skilled jobs;
  • Elevating success stories and impact of VentureX interventions on partnerships between local and international companies; and
  • Provide a platform to help commercialise local innovation by co-developing businesses and/or licensing intellectual property.
Why should I join the programme?

We will assist you in your innovation’s business set-up, talent recruitment and vertical-specific market access via our network of partners including government agencies, corporates and universities. At best effort, we will connect you to our available connections, however, our programme DO NOT guarantee any specific connections or successful partnerships.

What is the commitment required from the global innovators?

Innovators are required to commit to the programme on a meeting schedule basis for the entire duration during the technology matching and market access programme. Business meetings will be conducted digitally or physically and innovators will have the rest of the time free to work on their business as needed.

What are my responsibilities throughout the VentureX programme?

It is important to note that this programme provides guidance and assistance to register a company, business setup and hire talents in Malaysia, BUSINESS REGISTRATION, VISA, EMPLOYMENT PASSES, PROCESS APPLICATIONS, TALENT HIRING PROCESS APPLICATIONS, COMMISSION AND FEES & etc ARE TO BE BORNED BY THE INNOVATOR unless otherwise mentioned.

We DO NOT hands-on, represent, deliver or execute the work on your behalf, you’ll be responsible to communicate, deal directly, liaise, compile and provide sufficient information and documentation as requested by any connections we provided to ensure your success in registration, business setup and hiring. The core focus of the programme is for you to build your network, grow your innovations and business to  achieve your milestones. It’s also the responsibility of innovators to maximise the opportunities during this programme to acquire contracts, revenues and funding in Malaysia, and obliged to report the outcomes to the MRANTI GIX team 6-12 months after the end of the programme.

What is the commitment required from the global innovators?

Innovators are required to commit to the programme on a meeting schedule basis for the entire duration during the technology matching and market access programme. Business meetings will be conducted digitally or physically and innovators will have the rest of the time free to work on their business as needed.

How long does the programme last?

The programme’s duration varies according to the respective programme phase and kindly refer to the programme details page for the programme duration.

Does VentureX invest in innovators/startups?

VentureX will reserve the right to take equity if any investment/funding is provided by MRANTI. Any connections and relationships acquired during the programme solely belong to the innovators. VentureX does not interfere in any decision making in any future business dealings.

Do we have to incorporate a company in Malaysia?

For your company/innovation to gain good traction and confidence from local market , you are advised to incorporate the company and register local intellectual properties (IPs) in Malaysia, nevertheless, we welcome a project team setup; or a joint venture company; or a project team outsourcing to Malaysian entities/individuals; that facilitate hire of 3-5 local talents within 12 months.

Will VentureX help with PR/media?

There is no direct PR support. However, innovators may potentially get highlighted in local/regional press.

How does the VentureX Programme measure success?

Our focus is to help the innovator expand its market to Malaysia, working with our local innovators. Our key measure of success is to increase the number of foreign innovators expanding to the Malaysian market by increasing the opportunities for knowledge transfer, and job creation opportunities for local talents.

May I have the agenda for the programme?

The agenda is not available publicly but you will receive it once selected.

Can I make changes (add/replace) to my team members, even after being accepted into the programme?

We understand that operation is of utmost importance for expanding stage innovators/companies, therefore, we allow some flexibility in sending a representative to the programme’s meetings that you as the primary applicant are not able to attend. However, the communication between your team needs to be consistent and the representative should be someone who is a decision-maker.

Instead of uploading my documents on the VentureX website, can I just submit it through email?

No, participants are required to submit all documents on our online application. Note: Unless there are issues uploading the documents.

How can I apply?

Kindly submit your applications HERE

When will we find out if we got accepted into the programme?

VentureX team will contact you directly upon your register of interest.

What do I need to apply for VentureX? Recommendation letter? Pitch video?

Please refer to the online application form on our website. The application will require information about your innovation, company and your team.

Will MRANTI provide any insurance cover during the programme?

Insurance will not be provided.

Where do I go if I have more questions?

Thank you for your interest. Kindly email gix@mranti.my and our team will get back to you.

More Information

What is VentureX

VentureX is a soft-landing programme for innovative global companies to establish a hub in Malaysia. VentureX provides assistance in company incorporation, local talent acquisition, and Malaysia’s market access.

What are the programme’s objectives?
  • To provide potential entry and collaborations with local companies into Malaysia as the testbed and gateway to the ASEAN market
  • To assist with the Malaysia innovation hub setup, talent hiring and provide market access in assisting them to establish in ASEAN Market
  • To leverage Malaysia’s strong positioning in the regional ecosystem for local and international innovators/ startups
  • To instil the exchange of knowledge between local and international startups
What is required from the start-up/innovator in this programme?

Innovators/Startups are required to commit to the programme on a meeting schedule basis for the entire duration during the market access programme. Business meetings will be conducted digitally or physically and innovators/startups will have the rest of the time free to work on their business as needed.

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