MDEC Urge Start-Ups to Leverage the ‘Malaysia Digital Hubs’ to Unlock Their Potential and Ensure Sustainability

The Digital Hubs will take aspiring start-ups to the next level of growth to become regional and global players

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In conjunction with the #Saya Digital Month, the Malaysia Digital Economy Corporation (MDEC) has partnered with the ‘Malaysia Digital Hub’ operators to address their daily business operation challenges by offering  these  affected start-ups  and   entrepreneurs  with  an  affordable daily ‘Digital Hub Pass,’ an ideal  package to grow  their businesses during  post-COVID-19.

‘Malaysia Digital Hubs’ is an extension of the MSC Malaysia Cybercentre that was created for start-ups and digitally-powered businesses. It is specifically designed as hotbeds for innovation, digital co-working spaces and incubators using digital technologies in their respective fields of specialisation.

The pandemic has affected most start-ups, especially in continuing their business operations as they were faced with difficulties such as paying high rental costs and long-term contract durations. These start-ups are looking at flexible and cost-effective options, which MDEC believes that incubators and co-working spaces like Malaysia Digital Hubs can assist them.

Through these facilities, start-ups can access vital assistance such a mentorship, funding opportunities, accelerator programmes, corporate partnership and other business and digital development programmes.

The ‘Digital Hub Pass’ offers two packages, from as low as RM10.00 (per day) or RM40.00 (per week-5-day pass) for entrepreneurs to start their operations at the participating Malaysia Digital Hubs.

According to Gopi Ganesalingam, Vice President of MDEC’s Global Growth Acceleration (GGA)   division, tech start-ups are undeniably the key drivers of digital transformation in the country.

“To recapitulate MDEC’s  #Saya  Digital campaign, going digital is no longer a corporate  mantra but  part  of our daily  lifestyle,  especially  from  contactless payment transactions, to e-learning in schools, digital ID at dwellings, remote- working  solutions  and  all these  have  become instrumental in transforming our societies and  social norms. Looking at these vast opportunities, MDEC is steadfast in its support of the entrepreneurial ecosystem by digitally-empowering Malaysian businesses, while supporting the country’s economic recovery. We are delighted to partner with the Malaysia Digital  Hubs operators to offer  this ‘Digital Hub Pass’ which  will certainly help  them  scale  up,  build  business acumen and  innovation skills,’ Gopi explained.

In total, there are seven certified ‘Malaysian Digital Hubs’ supporting over 400 start- ups. The “Malaysia Digital Hubs’ are also in partnership with other accelerators and tech-based multinational companies (MNCs) like Google, Amazon and  Microsoft to  build  talent pool  and   provide funding opportunities  (through partners  like Cradle,  Gobi   Partners,  etc),  community   engagements,   events,   mentorship, training,  hackathons and  various accelerator programmes.

The Malaysia Digital Hub is part of MDEC’s initiative to accelerate Malaysia’s digital economy growth, while ensuring socio-economic inclusivity by focusing on three key pillars: Digitally-skilled Malaysians, Digitally-powered businesses, and Digital investments.

At the moment, among the ‘Malaysia Digital Hubs’ that are supporting the ‘Digital Hub  Pass’  initiative  include Common Ground,  CO.,  Dojo  KL, UnionSPACE  and WORQ located in the Klang Valley area.

Tech entrepreneurs, who  are not existing tenants of the participating co-working spaces  can obtain  the  ‘Digital  Hub  Pass’  directly from  the  selected ‘Malaysia Digital  Hubs’, starting today until 31 August 2020. More information on the Digital Hub pass may be obtained at www.malaysiadigitalhub.my/digitalhubpass

To encourage more start-ups to participate, there are more than 13 accelerators and co-working spaces in the pipeline, and soon will be participating with the Malaysia Digital Hubs to offer the Digital Hub Pass.

The Malaysia Digital Hubs provide rich ecosystem components, which include high-speed broadband and various soft infra offerings.

Malaysia Digital Economy Corporation (MDEC) is a government agency under the purview of the Ministry of Communications and Multimedia Malaysia entrusted to lead Malaysia’s digital economy forward. For more information and updates, please visit www.mdec.my.