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Malaysia’s Mosti Prioritizes Tech Innovation and Startup Ecosystem in its Annual Budget

AsiaTechDaily

The initiative signaled Mosti’s plans to support innovation and technological advancement within Malaysia, particularly in nurturing startups. Among these priorities is enhancing the startup ecosystem, marked by a desire for increased funding to nurture emerging entrepreneurs.

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Malaysia’s Stock Exchange Joins Hands with Cradle to Support Local Startups’ Listing

AsiaTechDaily

Register Cradle , an early-stage fund under Malaysia’s Ministry of Finance, has formed a partnership with Bursa Malaysia , the nation’s stock exchange, with the primary objective of enhancing local startup listings. billion ringgit (approximately US$727 million) to the nation’s economy.

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The Next Wave of Climate Tech

Revolution

These weren’t a match with the venture model as they were hard to scale, capital intensive, took many years to commercialize, and many of them relied on renewable energy sources that were astronomically expensive. How might recent legislation support the evolution of the sector?

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Karakalpakstan Empowers Startups and Entrepreneurs with $200 Million Soft Loan Initiative and Youth Center

AsiaTechDaily

Register Karakalpakstan , a region in Uzbekistan, outlines plans to allocate $200 million in soft loans to support companies and establish a Youth Socio-Economic Center in the Khojaili district, with an investment of 1 trillion soums. Further, Karakalpakstan is enhancing its support infrastructure for businesses. in national currency.

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Malaysia’s Tech Vision: Startup Convention Announced

AsiaTechDaily

Rafizi emphasized that the development of startup companies holds great importance in speeding up Malaysia’s economic transition toward technology and digital-based industries. The move aims to create a conducive environment for technopreneurs and supports the broader vision of strengthening the venture capital ecosystem.

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Superbank and Genesis Join Forces to Inject $40 Million into Indonesian Startups

AsiaTechDaily

Register Indonesian digital bank Superbank , supported by Grab, Singtel, and Emtek Group, is collaborating with Singapore’s Genesis Alternative Ventures to offer a financing package of $40 million for startups in Indonesia. This initiative is designed to support startups within the country’s startup landscape.

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Biotech Startup Automera Raises $16 Million in Series A Round Led by ALSP and ClavystBio

AsiaTechDaily

They focus on creating and developing these companies by providing comprehensive support, leveraging their network, and utilizing their entrepreneurial expertise. Singapore has emerged as a prominent biotech hub in the Asia-Pacific region, characterized by a thriving startup ecosystem and supportive government policies.

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