VentureX

A soft-landing programme for innovative, global innovators. Establish your R&D and commercial hub in Malaysia, today.
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

VENTUREX

Why VentureX Hub?

Access the gateway to Southeast Asia’s market of over 600 million population with unprecedented business, talent, and ecosystem support when you establish your regional hub in Malaysia.
Assist
Assistance with company establishment paperwork, talent acquisition and local market access
Build
Build a team for ASEAN operations, sales and marketing, and R&D with local talents well-versed in local market understanding
Traction
Gain early and solid market traction with Malaysia as the first gateway to ASEAN and the rest of Asia
Partner
Potential strategic partnerships and business opportunities with Malaysian corporates and conglomerates 
Starter
Kick-starter support and incentives offered exclusively for global startups
Assist
Exposure to opportunities in innovative startups while working on jobs of the future
Build
Build professional skills and raise employability with global startups
Traction
Leverage on reliable advice and mentorship for career growth
Partner
Nurture professional connections and relationships with global technologies.
Starter
Gain exponential startup mindset and entrepreneurial experience.
Eligibility

VentureX

APPLY NOW
We are proud to support your ASEAN expansion journey by facilitating market access, regulatory compliance, administrative services, facilities, and local talent acquisition.
Ready to establish an innovation hub in ASEAN 
Have not registered a business entity in Malaysia
Interested in setting a business hub in Malaysia
Product & Services carry a social and developmental benefits to the people of ASEAN
Experiencing growth & entering expansion stage
Proven traction and technology
- >TRL 6 or Series A and above (Expansion Ready)
- >RM1 million Annual Revenue
Strong financial records and experience in funding / backing
Planning to employ a minimum number of 3 Malaysians as team members
- Country Director
- Manager
- Executives
- Junior Executives  

Have a clear business growth and ASEAN expansion plan

VENTUREX

Programme Timeline

A soft-landing programme for innovative companies. Establish your R&D hub in Malaysia, today.
Enabling Technologies + Healthcare & Medical
Completed
Application Opens
September 2023
Greentech + Smartcity
Completed
Application Opens
November 2023
Smart Manufacturing + Agritech
Completed
Application Opens
November 2023

HOW DOES IT WORK

By participating in the Global Market-Fit Programme, you not only gain market validation but also benefit from access to a wide network, exposure to new opportunities and innovation, and invaluable mentorship specifically focused on technology commercialisation. These benefits enhance your readiness for international expansion, improve your technology commercialisation strategies, and position you for long-term success in foreign markets.

Business Matching

Conduct business matching with potential partners among local companies through MRANTI’s verticals

Reverse Pitching

Bring in local companies to pitch their products & solutions

Malaysian Market Knowledge & Understanding

Access to Malaysia
Problem Statement Collection

By participating in the Global Market-Fit Programme, you not only gain market validation but also benefit from access to a wide network, exposure to new opportunities and innovation, and invaluable mentorship specifically focused on technology commercialisation. These benefits enhance your readiness for international expansion, improve your technology commercialisation strategies, and position you for long-term success in foreign markets.

Programme commitment

Commitment from participating companies/innovators to fulfill programme requirements within 12 months of onboarding

Business Support

Assistance in:
1. Business Incorporation
2. Licensing 
3. Visa/Pass
4. Legal Advice
5. Office Setup
6. Banking Facilities

Company Registration

Register a company with a paid-up capital or a project team setup / joint-venture company / project team outsourcing to Malaysian entities

By participating in the Global Market-Fit Programme, you not only gain market validation but also benefit from access to a wide network, exposure to new opportunities and innovation, and invaluable mentorship specifically focused on technology commercialisation. These benefits enhance your readiness for international expansion, improve your technology commercialisation strategies, and position you for long-term success in foreign markets.

Business Matching

Commitment from participating companies/innovators to fulfill programme requirements within 12 months of onboarding 

Reverse Pitching by Local Companies

VentureX to provide participating companies with: 
Suitable, trained talent matching
Cost-effective & reliable talent recruitment mechanism

Understanding Malaysia's Market

Hire more than 3 local talents with a minimum salary of RM4,000

By participating in the Global Market-Fit Programme, you not only gain market validation but also benefit from access to a wide network, exposure to new opportunities and innovation, and invaluable mentorship specifically focused on technology commercialisation. These benefits enhance your readiness for international expansion, improve your technology commercialisation strategies, and position you for long-term success in foreign markets.

Pitching Training Workshop

Deliver pitching training to align and set expectations with global companies before engagement sessions start

Partnership Opportunity

Arrange office hours between global local companies to connect, explore, and validate potential collaboration opportunities

Understanding Malaysia's Market

Facilitate the happening of business meetings between global companies and local partners to achieve defined objectives

CLAIM INCENTIVES

How to Claim for VentureX Incentives?

Stage 1 - Stage 4 as incentive in a form of programme.

How can I claim the Incentive?

Upon acceptance of the offer letter, you commit to fulfil all the requirements of the Programme below within 12 months

  • 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.

You may apply to VentureX for the incentives.

Upon approval, MRANTI shall onboard you to the VentureX. Terms and Conditions applied.

Note: VentureX does not offer any incentives in the form of cash. If you experience suspicious interaction and/or message from anyone claiming to represent TiPM and VentureX promising cash incentives, please report your interaction here. Whistleblower Form

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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