- Aims to address pressing world problems
- Project targets to engage 20 businesses, provides masterclasses with industry experts
Continuing its mission of accelerating the development of demand-driven R&, D efforts, The Malaysian Research Accelerator for Technology &, Innovation ( TIPM/MRANTI), Malaysia’s central research and innovation commercialisation agency, has officially launched the 2024 cycle of its Global Accelerator Programme ( GAP ). With a focus on addressing pressing global problems, TIPM/MRANT I GAP invites enterprising firms to embark on a trip to scale up their innovative solutions, providing contributors a unique combination of support, funding opportunities, and international recognition.
The Asia School of Business ( ASB ) was one of the attendees at the launch of the program, along with representatives from this year’s GAP collaborators. Through its collection of degrees, professional education, study, and micro-credential programmes, ASB spearheads the development of lean, revolutionary, and philosophical leaders toward the advancement of the emerging world, in areas that include sustainability, AI, business governance, finance, operations management, and leadership.
At least 20 businesses are expected to be enrolled in the program this season, giving them access to industry-specific learning opportunities through seminars and workshops. Through team-building and relationship activities, participants also have the opportunity to form relationships with other participating companies, which will help to create inter-industry systems. Additionally, being a part of the National Technology and Innovation Sandbox (NTIS ) gives businesses the opportunity to test and validate their tech solutions in a controlled, live environment under relaxed regulations.  ,
With the focus on Tech for Impact, GAP 2024 aims to identify the potential of local and international businesses in three crucial thematic domains relevant to the UN Sustainable Development Goals ( UN SDGs ). These include Sustainable Development Goals 2 and 3 for food security andamp; sustainability; Healthcare ( UN SDG 3 ); and Renewable Energy ( UN SDG 7 ). These topics have been identified as the most pressing problems, both nationally and internationally, through intensive study. Development in these three regions has stagnated despite changes in general conservation work on a national level. Through the pedal program, participating companies gain access to various support mechanisms. This includes money from global and local shareholders, and backing from R&, D and business management companies.  ,
” The primary goals of GAP are autonomy and problem-solving. It serves as a motivator for businesses, providing them with the tools and system required to navigate the complexities of growth and expansion. GAP assists them in making a significant difference in their business and beyond by addressing persistent issues that affect the people in real-time. V-Farm, for instance
” We introduced a successful vertical gardening solution that addressed food security and environmental concerns,” says Safuan Zairi ( pic ), chief ecosystem officer of MRANTI.” We help our participants use resources at their fullest potential for maximum impact, both for national development and the benefit of the rakyat,” he adds.
This program, which will be hosted at ASBhive, will be overseen by ASB’s Innovation and Entrepreneurship Center, which is a crucial hub for Malaysia’s innovative habitat. Asked by Joseph Cherian, assistant CEO of ASB,” We are eager to establish with MRANTI to simultaneously run this program, and are pleased to work with the company on their endeavors by providing our valued university members, and experts who have won worldwide acclaim in fields like AI, Sustainability, Organizational Behaviour, and Matching Platforms. Our collaboration includes including coordinating mentorship and progress tracking, as well as overseeing the program’s strategic planning and execution and development. As collaborators, we want to cultivate entrepreneur-leaders who consistently tackle demanding issues and challenge the status quo, with agility, creativity, and resourcefulness”.
The nomination for the 2018 cycle of ASB’s collaboration with MRANTI includes being included in the ASB’s annual cycle’s nomination for the prestigious global sustainability award The Earthshot Prize. The Prince of Wales established The Earthshot Prize in 2020 to find, highlight, and scale creative solutions that restore and regenerate our planet. Five winners will receive the award annually. Companies that take part in the 2024 GAP cycle now have the chance to be nominated for the The Earthshot Prize. The partnership also serves as a testament to ASB and MRANTI’s commitment to recognizing and rewarding innovative solutions that address pressing environmental issues.
As of the last cycle, the programme has successfully impacted 20 companies and 50 entrepreneurs, amassing a value creation totalling US$ 4.8 million ( RM22.42 million ), with US$ 4.6 ( RM21.63 ) million in revenue and US$ 168, 000 ( RM790, 610 ) in investments. Some of these successes include Luwjistik, VStream Revolution, Sonicboom Solutions, and Izmir Technologies Industries in 2022, whilst 2023 saw Entomal Biotech, CS Leaflabs, WeAssist, and Mobiva making their mark. These accomplishments motivate MRANTI to strive harder in promoting the development of local and international businesses as well as developing novel solutions. GAP 2024 will run from September to November, and all interested businesses are encouraged to apply and make the most of this unique opportunity to advance their growth and advance their innovations.
For more details on GAP 2024, please visit http ://mranti.my/gap