Anticipation reached a fever pitch as MRANTI’s Global Accelerator Programme (GAP) Demo Day 2023 unfolded, unveiling a stellar lineup of upcoming tech giants. Taking centre stage were 10 game-changing companies covering technologies focused on four (4) industries, namely Agriculture, Medicine and Healthcare, Drone and Business Services and Finance.
A total of 20 start-up companies participated in the 7th cohort, five of which are from the Agriculture industry, 12 from the Medicine and Healthcare scene, two companies hail from the Drone sector and one from the Business Services and Finance field.
GAP was established to bring companies from ideation to globalisation providing a robust platform that goes beyond mere incubation. With a holistic approach to entrepreneurship, MRANTI GAP is dedicated to nurturing the entire lifecycle of a company, offering not only financial support but also mentorship, networking opportunities, and strategic guidance.
Throughout the accelerator, participating companies underwent an intensive eight-week programme consisting of masterclasses, mentorship and industry engagements, culminating in the Demo Day. During which, these companies will pitch their solutions to leading industry players, global investors, and the business community to receive further support and expedite the development of their innovative solutions.
“Tailoring its approach to cater to the unique needs of various industries, MRANTI GAP presents a multifaceted support system through three meticulously designed modules: commercialisation, expansion, and investment & funding. Each module serves as a strategic guide, imparting invaluable insights and expertise to companies and entrepreneurs at different stages of their growth journey, said Datuk Wira Dr. Haji Rais Hussin, CEO of MRANTI.
MRANTI modules are not only geared towards enhancing business management but also towards fostering a holistic understanding of the intricacies involved in successful expansion and securing vital investment and funding. The thoughtful planning behind each module reflects MRANTI GAP's commitment to delivering a comprehensive educational experience that goes beyond conventional business support, empowering participants to navigate the complexities of the business landscape with confidence and proficiency.
“As we gather here today, it is evident that Malaysia is on a transformative journey towards becoming a high-tech nation by 2030. The innovative technologies showcased reflect the potential and determination embedded within our ecosystem. MRANTI GAP, in its dedication to fostering these cutting-edge ventures, plays a pivotal role in realising our collective vision for Malaysia as a global hub for technological innovation,” he added.
Peter Wee, the President of the Malaysian Business Angel Network (MBAN) was in attendance as the guest of honour among an array of key industry players, investors and leaders.
“Today's event is a testament to the potential within our borders, and as we continue to support and invest in these ventures, we are laying the foundation for a future where Malaysia stands tall as a beacon of high-tech prowess on the world stage."
To date, MRANTI’s GAP programme has positively impacted 58 market-ready companies, garnering a total of RM57 million in revenue and investment. This impressive milestone underscores the programme's efficacy in not only nurturing entrepreneurial talent but also in fostering tangible economic growth within the startup ecosystem.
The selected 10 companies from the overall programme that pitched during Demo Day are:
Circafeed
CS Leaflabs
Datanam
Entomal Biotech
ePink Health
MIXIGO
Mobiva
MYPG
TeleMedHub
WeAssist
For more information, kindly visit http://mranti.my/
This article is provided by Elliot & Co.
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