Uncovering innovative solutions via startups and entrepreneurs

KUCHING: The Malaysia Centre for the Fourth Industrial Revolution (MYCentre4IR) and Bursa Malaysia has co-launched Global Innovation Challenge to accelerate environmental, social, and governance (ESG) advancement with digital solutions.

It stated that the initiative of the launching was to invite startups and entrepreneurs from Malaysia and around the globe to submit their cutting-edge digital solutions aimed at enhancing the ESG efforts of five Malaysian Public Listed Companies (PLCs)1, namely CJ Century Logistics Holdings Berhad, Globetronics Technology Berhad, Malayan Banking Berhad, REDtone Digital Berhad and Sunway Innovation Labs (representing Sunway Group).

“This Innovation Challenge seeks to connect bright minds and promising startups with Malaysian PLCs in diverse sectors such as agriculture, construction, financial services, logistics and manufacturing.

“Moreover, the challenge aims to uncover innovative solutions that address industry challenges, thus potentially increasing business competitiveness and benefit businesses and the environment in Malaysia and beyond,” it said in a statement.

Aside from that, with strategic collaboration with Bursa Malaysia and powered by World Economic Forum’s (The Forum) UpLink platform, this challenge leverages the strengths and networks of these prestigious organisations.

“This initiative not only supports startups and entrepreneurs but also aids PLCs in becoming more sustainable,” it said.

As applications are now open via UpLink, those interested are called to not miss this chance to partake in the challenge as the application will be closed on Aug 31.

“A panel of industry experts and representatives from MYCentre4IR, Bursa Malaysia, and the World Economic Forum will evaluate the submissions.

“The Innovation Challenge will culminate with a Demo Day at Bursa Malaysia on Nov 7, where five of the most promising ideas will receive pilot project funding opportunities and access to a network of industry leaders and investors,” it said.