Malaysia’s MRANTI Launches Innovative MATCH Platform

The Malaysian Research Accelerator for Technology and Innovation (MRANTI) introduces the Malaysia Technology Commercialization Platform (MATCH), a dynamic initiative to connect technology providers and seekers for effective technology commercialization. This innovative platform aims to enhance collaboration within the technology innovation ecosystem by facilitating targeted connections and propelling the advancement of local technologies.

11 August 2023 – The Malaysian Research Accelerator for Technology and Innovation (MRANTI) has unveiled a groundbreaking initiative, the Malaysia Technology Commercialization Platform (MATCH), aimed at strengthening connections within the technology innovation ecosystem. MATCH serves as a dynamic hub that facilitates technology commercialization, fostering collaboration between local technology providers and seekers for mutual benefit.

In a strategic maneuver to bolster technology innovation ties, MRANTI has introduced the Malaysia Technology Commercialization Platform (MATCH). This innovative platform acts as a bridge between technology providers and seekers, propelling technology commercialization efforts within Malaysia.

According to MRANTI’s statement, MATCH serves as a technology innovation monetization platform, uniting local technology stakeholders to accelerate the commercialization of technologies. The platform’s initial phase aims to enlist 50 innovation seekers and providers, setting a target of a 10 percent successful matching rate.

Through MATCH, stakeholders at various stages of technology development – including researchers, investors, individuals, and experts – can seek industry partners, funding, sandbox sites, technical support, and collaboration opportunities by browsing the platform’s directory of targeted prospects.

As a “match-making” service, the platform operates as a dynamic marketplace, showcasing projects based on technology readiness levels and specific use cases that align with profitability.

Dzuleira Abu Bakar, Chief Executive Officer of MRANTI, likened the platform to an e-commerce site, emphasizing its inclusive nature within the innovation ecosystem. By fostering connections between individuals and organizations, the platform aims to enhance transparency, cohesion, and consistency, ultimately advancing the commercialization of local technologies.

Government entities, corporate bodies, and businesses seeking innovative technologies or collaboration partners can also leverage the platform to forge connections.

Additionally, MATCH synergizes with other initiatives and databases, such as the Malaysia Open Science Platform by Akademi Sains Malaysia. The platform extends the impact of scientific endeavors and academic research into the market, aligning innovative technology with tangible and profitable applications.

In a bid to elevate the significance of innovation and creativity, MRANTI has inked separate memorandums of understanding (MoUs) with pharmaceutical giant AstraZeneca and the Eastern Academic Health Science Network (EAHSN). These collaborations unite academia, health services, and industry to expedite the adoption of healthtech innovations.

As part of this partnership, AstraZeneca will consider qualifying local innovators for inclusion in its exclusive A.Catalyst network. MRANTI, the exclusive partner for the A.Catalyst program in Malaysia, will connect Malaysian innovators with a global network of healthcare players, providing opportunities for clinical trials, research, and development activities, strategic partnerships, and business growth endeavors.

MRANTI’s role extends to facilitating Sandbox and capability programs, allowing innovators, researchers, startups, and high-tech entrepreneurs to test and refine their products, services, and business models in a controlled, live environment.

MRANTI, formed from the convergence of Technology Park Malaysia (TPM Corp) and the Malaysian Global Innovation and Creativity Centre (MaGIC), stands as Malaysia’s central research commercialization agency. It expedites the transformation of technology innovations from concepts to impactful implementations, linking academia, industry, and the public sector to drive market-oriented research and development outcomes. – source: TechNode

Author: Terry KS

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