PETALING JAYA: The KL20 Summit 2024 and action paper launched on Monday were given the thumbs-up by local startups who say the initiative provided access to high-quality venture capitalists.
Wan Wardatul Amani Wan Salim, the co-founder of a deep-tech startup nanoSkunkWorkX , said such access was vital as it allowed the startups to showcase their technological expertise.It would also provide these companies the opportunity to explain their challenges to the venture capitalists involved, she said, adding that investors would obtain a better understanding of the products offered.
SPONSORED CONTENT Sabah revenue hits RM6.97 billion: Hajiji says GRS State Government may see full term Kota Kinabalu: The Sabah Government continued its momentum in managing the economy in line with the commitment and spirit of the Sabah Maju Jaya when it posted record high state revenue of RM6.973 billion last year.
Suraya, who is also the company’s lead scientist, said that for agriculture technology or agritech companies like Qarbotech, the blueprint not only eases up the business process but also facilitates technological advancements and sustainable practices through the government’s commitment to innovation.“With greater investment, agritech firms can scale solutions more effectively, reaching a wider range of geographical areas and farming scales, from smallholders to large agribusinesses,” she said.
Meanwhile, the CEO of local venture capital firm RHL Ventures Sdn Bhd, Raja Hamzah Abidin, said the blueprint is comprehensive and well-structured through a “Single Window” initiative that provides a centralised platform for startups to simplify procedures and consolidate resources.
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