Malaysia’s Magic toys with idea of providing funding to startups it backs

MaGIC CEO Ashran Dato' Ghazi

Malaysian Global Innovation & Creativity Center (Magic), the country’s startup and innovation lab, is toying with the idea of providing capital to startups, a top executive with the organisation said. Currently, the startup and innovation lab is known for its capacity building role, facilitating collaborations and helping companies scale to the next level.

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