KUALA LUMPUR (April 23): Malaysia’s Single Window for the Startup Ecosystem (MYStartup), a game-changing one-stop online platform for start-ups, was launched at the KL20 Summit 2024 here on Tuesday.

Science, Technology and Innovation Minister Chang Lih Kang in his keynote address at the launch of MYStartup said the platform was developed as the foundation for a seamless business environment for all things related to start-ups in Malaysia. 

He said it boasts a wide range of features and services for start-ups to access resources, mentorship, funding and regulatory support, thereby empowering the next generation of entrepreneurs to thrive and succeed. 

“MYStartup aims to unite founders, investors, tech talents, government agencies and ecosystem players, while offering comprehensive data, insights and resources on starting and scaling a business, navigating funding options, and accessing essential support services within Malaysia's start-up ecosystem.

“If you are a start-up, and you do not where to find funders or funding, You can go to our website, register yourself and inform the platform what kind of start-up you are. The website will direct you to relevant funding agencies. If you are a tech talent looking for employment [with a start-up], you can also look for relevant jobs,” he said. 

Chang added that even more impressive, MYStartup powered by Cradle Funds comes equipped with artificial intelligence, which is able to answer queries and provide insights about starting a business in Malaysia directly to its users. 

“Cradle Funds also spearheads the Malaysia Startup Ecosystem Roadmap (Super) 2021-2030, which emphasises the importance of a sustainable and inclusive start-up environment to stimulate a robust economy by providing everyone with the opportunity to get access to entrepreneurial knowledge, connections to corporate, investor and government bodies,” he said. 

MYStartup was established in 2021 to nurture the national start-up ecosystem through capacity-building programmes, including hackathons, accelerators, pre-accelerators, and bootcamps, all while connecting start-ups, investors and tech talents through its portal. 

It is part of the government’s initiatives to make Malaysia a top 20 global start-up ecosystem by 2030, through efforts of creating a seamless business environment and nurturing 5,000 new start-ups by 2025 as outlined in the Super road map.