Malaysia-based private investment firm RHL Ventures and the Malaysia Digital Economy Corporation (MDEC), in collaboration with the United Arab Emirates’ Ministry of Economy’s Annual Investment Meeting (AIM) Congress, are pleased to announce GoGet as the National Champion for the RHL-MDEC: AIM Startups Virtual Pitch Competition 2020 (Malaysia Roadshow).
The Malaysia roadshow competition, which was held on 1 July 2020, saw stiff competitive rivalry from a pool of 10 contestants that were shortlisted to represent Malaysia’s startup ecosystem. This was done based on the competition’s pre-determined criteria. Each contestant pitched their respective company’s proposition to a jury panel comprising representatives from RHL Ventures, MDEC, SME Corporation Malaysia, the Islamic Development Bank and the IE Business School.
The competition is part of a series of global roadshows under the AIM event, a global stage that takes place across more than 100 countries to discover startups that have a huge potential in expanding and penetrating global markets. As the National Champion, GoGet will be representing Malaysia in an all-expense-paid trip to Dubai to compete against other National Champions at the final AIM 2020 Global Startups Champions League for a chance to win the grand prize of $50,000. In consideration of the ongoing pandemic, the event is tentatively set to take place at the fourth quarter of this year.
In co-organising the Malaysia roadshow competition with MDEC and AIM Congress, Raja Hamzah Abidin, Managing Partner of RHL Ventures, commented: “We believe it is essential to closely collaborate with domestic and global strategic partners to discover competitive local talent and disruptive Malaysian companies as we work towards developing our Malaysian startup ecosystem and launching them to the international arena. As such, we are pleased to partner with the UAE’s Ministry of Economy and the AIM Congress in supporting its mission of enabling economic growth for emerging economies, in particular for the startups pillar.”
Norhizam Kadir, Vice President, Fintech and Islamic Digital Economy, MDEC, expressed more local brands, especially FinTech products, will be ready to go global in the coming years.
In its 10th year, AIM – dubbed the World’s Leading Investment Platform in the Middle East and North Africa – was initially scheduled to take place in March at the Dubai World Trade Centre, but has since been rescheduled to the fourth quarter of the year due to COVID-19.
For more information about the Annual Investment Meeting 2020, please visit: https://www.aimcongress.com/
About RHL Ventures Founded in 2016, RHL Ventures is a multi-family private investment firm headquartered in Malaysia that champions growth for the best businesses in Southeast Asia.
Currently led by Rachel Lau, Raja Hamzah Abidin and Jo Jo Kong, the firm pools its extensive regional experience in investments, corporate advisory, and capital markets to drive transformative growth for ASEAN-linked startups as well as small and medium-sized enterprises.
For more information about RHL Ventures, please visit: https://rhl.ventures/ For media enquiries, please contact: [email protected]
About Malaysia Digital Economy Corporation (MDEC) Malaysia Digital Economy Corporation (MDEC) is a government agency under the purview of the Ministry of Communications and Multimedia Malaysia entrusted to lead Malaysia's digital economy forward.
Incorporated in 1996 to oversee the development of the MSC Malaysia initiative, MDEC's primary mandate today is to accelerate the growth of digitally-skilled Malaysians, digitally-powered businesses and digital investments in Malaysia. MDEC is focused on creating inclusive, high- quality growth through the nationwide digitalisation initiatives that are in line with the Government’s Shared Prosperity Vision 2030 and firmly establishing Malaysia as the Heart of Digital ASEAN.
To find out more about MDEC’s Digital Economy initiatives, please visit us at www.mdec.my or follow us on: Facebook: https://www.facebook.com/MyMDEC/ Twitter: @mymdec
About AIM Congress The Annual Investment Meeting (AIM) is the largest investment platform in the world. It is an initiative of the UAE Ministry of Economy and is under the patronage of HH Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime Minister, and Ruler of Dubai. AIM gathers high-ranking government officials, decision makers, corporate leaders, policy makers, businessmen, regional and international investors, entrepreneurs, leading academics and investment experts to address the global challenges of securing viable investment aimed at contributing to economic growth. AIM has been promoting a healthier global economy by linking investment opportunities to fast growing economies under six key pillars – Foreign Direct Investment, Foreign Portfolio Investment, Small & Medium Enterprise, Startups and Future Cities, with a Special Event One Belt One Road.