Malaysian Research Accelerator for Technology and Innovation (MRANTI) officially launches its Global Accelerator Programme (GAP) 2023, opening its doors to 20 companies hailing from Malaysia, Türkiye, and Russia.
GAP 2023 is focused on three high-potential industries: Medical & Healthcare, Agriculture, and Drone technology. These were selected to align with Malaysia’s economic plan, which aims to foster the growth of high-tech industries, positioning the nation on track to becoming a high-income economy by 2025 and emerging as a trillion-dollar economy by 2036.
“Through GAP, participants get more than just a foot in the door - they gain access to our extensive network of industry experts and partners. Our ultimate goal is to play a pivotal role in cultivating a thriving and sustainable innovation ecosystem where ideas flourish, and innovation takes flight,” said Dzuleira Abu Bakar, CEO of MRANTI.
This year’s cohort includes 12 companies from Medical & Healthcare, five from Agriculture, two from Drone Tech, and one from the Business & Financial industry.
Beyond the curriculum and mentorship, these companies will be funnelled to Malaysia’s National Technology and Innovation Sandbox (NTIS), where they can test their products live. This strategy aims to foster collaboration and prospects in the market.
“For us at MRANTI, GAP is an avenue for us to discover brilliant new diamonds in the rough and polish their ability to innovate — to push the boundaries of their creativity for a national-level, sustainable tech ecosystem that can put Malaysia ahead of the global curve,” said MRANTI’s Chief Ecosystem Development Officer, Safuan Zairi.
MRANTI GAP has already impacted 212 companies, facilitating US$130.45 million (RM594.2 million) in funding through its first six cohorts.
GAP 2023 began its sign-up period in May and will culminate in a presentation to investors in November.