MOSTI inaugurates the Supercharger Series 2024, aiming to boost Malaysia’s innovation ecosystem by advancing pre-commercialisation of R&D projects, fostering collaboration, and driving economic growth through technological innovation.
29 June 2024 – The Ministry of Science, Technology and Innovation (MOSTI) officially launched the Supercharger Series 2024 today, under the theme “Visions to Venture: The Pre-Commercialisation Drive”. This strategic initiative aims to catalyse collaboration, engagement, and knowledge sharing within Malaysia’s Research, Development, Commercialisation and Innovation (R&D&C&I) ecosystem.
With a primary focus on advancing innovations from concept to market entry (#IdeasToImpact), the Series aims to revolutionise the pre-commercialisation phase of Malaysian innovations in 2024. Key objectives include fostering technopreneurship, boosting startup creation, enhancing Malaysia’s commercialisation rate, and driving economic growth through R&D commercialisation. The initiative also seeks to facilitate high-skilled job creation and empower Bumiputera communities through knowledge exchange and engagement with international research institutes.
Tuan Chang Lih Kang, Minister of Science, Technology and Innovation, highlighted the importance of the Whole of Government Approach (WGA) in elevating Malaysia’s global innovation standing. “The Supercharger Series plays a pivotal role in aligning ministries and agencies to tackle societal challenges through science, technology, and innovation,” said Minister Tuan Chang, referencing Malaysia’s 36th ranking in the Global Innovation Index 2023.
Central to the Supercharger Series are Power Sharing Sessions, MRANTI Programme Application & Consultation Booths, Networking Lunches, and Pre-Commercialisation Bootcamps. These components offer crucial insights, personalised consultations, and networking opportunities for participants, including university spin-offs, researchers, and private sector entities, to accelerate their commercialisation efforts.
Datuk Wira Dr. Hj. Rais Hussin Hj. Mohamed Ariff, CEO of MRANTI, underscored the Series’ pivotal role in equipping innovators with essential tools, knowledge, and networks to transform ideas into impactful products and services. He highlighted significant growth, with participation increasing from 500 in 2022 to over 1,500 in 2023 across Kuala Lumpur, Penang, Pahang, and Johor.
Meanwhile, the Malaysian Commercialisation Year (MCY) Summit 2024, scheduled for August 12th at the Kuala Lumpur Convention Centre, aims to celebrate and promote successful commercialisation stories across Malaysia’s universities, institutions, and research agencies. Themed “Leading the Regional Innovation,” the summit will spotlight key sectors such as biotechnology, the hydrogen economy, and space technology.
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