MDEC’s FOX programme hits the spot for Rocketbots and Juwai-IQI Holdings as they scale globally

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MDEC’s FOX programme hits the spot for Rocketbots and Juwai-IQI Holdings as they scale globally
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Programme aims to help firms accelerate growth, grow into global companies Supports high-potential startups and boosts Malaysia’s global scaling and innovation Gerardo Salandra and Georg Chimel share a lot in common, notably their participation in the Malaysia Digital Economy Corporation’s (MDEC) Founders Centre of Excellence (FOX) programme, a...

By Digital News Asia September 5, 2024Supports high-potential startups and boosts Malaysia’s global scaling and innovation

Salandra, from El Salvador, started his Business-to-Business Software as a Service company in Hong Kong and then, deciding that being in Hong Kong was not going to help him achieve his dream of building a global company, picked Malaysia as his base. With over 25 years of experience in real estate across Australia, Asia and now Malaysia, Chimel has seen a lot of government programmes aimed at helping companies grow but even he is impressed by FOX. “To put it concisely, this is like joining a premier concierge service. Just ask a question and you get pointed in the right direction,” he says.

If the enthusiastic feedback from Chimel and Salandra is any indication, FOX, in this early stage, seems to be pressing all the right buttons for its companies. This seems to be a reality that MDEC has built into FOX, with some very strategic partnerships with global outfits, designed to capture the attention of founders and their senior leadership teams.

An even bigger value that Salandra got from his FOX exposure was being connected to founders who have successfully built B2B SaaS companies like his. “Let’s face it, there are not too many people in Malaysia or the region who can relate to the challenge of globally scaling a B2B business like mine. Who can I pick up the phone to ask for help?”

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