MaGIC joins Malaysian government program to encourage native technopreneurs

Malaysian Prime Minister Najib Abdul Razak with the MaGIC Startup School Programme participants (aged 10-12 years old) at BAHTERA event, KL Convention Centre on August 20.

In a bid to bolster local entrepreneurship, the Malaysian Global Innovation & Creativity Centre (MaGIC) has participated in BAHTERA, a programme under the Ministry of Finance’s National Strategic Unit (NSU) that focuses on enhancing innovation among bumiputera (native) entrepreneurs.

MaGIC’s participation in the two-day BAHTERA programme is in line with the government’s effort to address the information gap among bumiputera entrepreneurs, by taking their businesses to the next level by adopting innovative technologies and agile business models, the agency said in a statement.

Its participation is primarily based on raising awareness, bridging gaps among bumiputera technopreneurs, conducting dialogues to learn on the specific challenges and issues faced by the bumiputera entrepreneurs and encouraging entrepreneurship at a young age via the School Startup Program.

The inception of BAHTERA 2015 is in line with the government’s aspiration to support creative and innovative approaches in empowering Bumiputera economy based on the Eleventh Malaysia Plan.

Bumiputera entrepreneurs will have the opportunity to build network with over 12 participating government agencies and up to 50 entrepreneurs in the community.

“In line with the Government’s aspiration to enhance bumiputera wealth creation, innovation via entrepreneurship is an essential key component to achieve this. In light of this, MaGIC’s participation in BAHTERA is one of such initiatives to help enhance the capacity of Bumiputera entrepreneurs to be more competitive at domestic and global level,” MaGIC chief operating officer Norita Ja’afar said.

She added: “MaGIC serves all entrepreneurs from all walks of sectors but encourages technology adoption in order to maximise business opportunities and to ensure sustainability. This is one of the main reasons for MaGIC’s participation in events such as BAHTERA 2015 – to encourage entrepreneurship amongst the Malaysian youth, identify challenges and solutions for entrepreneurs and providing them exposure to talents, funders partners and boost their entrepreneurship knowledge.”

BAHTERA was held at the Kuala Lumpur Convention Centre on August 19 and 20.

Also read:

iCube partners MaGIC to promote entrepreneurship in Sarawak

MaGIC hosts YSEALI’s 3-day bootcamp, to nurture ASEAN innovations

MaGIC launches accelerator program, backed by corporates, mentors and investors

500 Startups, MaGIC to launch growth-stage accelerator for SEA

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.