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  OPENING CEREMONY - MED-MTDC I4.0 SME ACCELERATOR PROGRAM 2019

Tuesday 03/12/2019

Malaysian Technology Development Corporation would like to invite members of the media to the Opening Ceremony - MED-MTDC I4.0 SME Accelerator Program 2019 which will be held as follows:

Day/Date: Monday 9 December 2019

Time: 3.00 pm – 5.00 pm

Venue: Bangi Resort Hotel, Off Persiaran Bandar, Bangi Golf Club, 43650 Bandar Baru Bangi, Selangor


About

The MED – MTDC I4.0 SME ACCELERATOR PROGRAMME 2019 is an initiative of the Government of Malaysia under the Ministry of Entrepreneur Development (MED) to scale-up local manufacturers to a higher level in order to embrace the Fourth Industrial Revolution (4IR) in Malaysia. The prominent point about this program is the engagement of local Industry 4.0 (I4.0) solution providers that will not only assess the potential of the SMEs to adopt any of the 9 Pillars of I4.0, but also recommend viable and affordable I4.0 solutions for adoption.

In November 2019, MED appointed MTDC as the organizer and secretariat for the program. There were 500 nominations received from the agency and vendor companies under the MED eco-system and MTDC fund recipient companies as potential participants of the program. A total of 100 companies were invited and will be registered as 'early adopters' to attend a 5-day preparatory workshop where upon completion, the first 50 companies will be accelerated as 'Adopters' to undergo the assessment and be provided with a pre-designed I4.0 solution to be adopted.

The program will witness the roll-out of 20 pre-designed solutions for the SMEs to choose from based on the assessment made. The main highlight of the program will put both MED and MTDC on the technology map for the development of “A Totally Malaysian Made I4.0 Solution”.

Programme

3.00 pm: Arrival of Guests

3.15 pm: Welcome Speech by YBhg. Dato' Norhalim bin Yunus, Chief Executive Officer, Malaysian Technology Development Corporation (MTDC)

3.30 pm: Opening Speech by YBhg. Datuk Wan Suraya Binti Wan Mohd Radzi, Secretary General, Ministry of Entrepreneur Development (MED)

3.45 pm: The Launch of MED-MTDC I4.0 SME Accelerator Program 2019

4.00 pm: Press Conference

: Refreshment

5.00 pm: End of Program

About MTDC

MTDC is a wholly-owned subsidiary of Khazanah Nasional Berhad and has been the key player in commercialisation and management of government funding since the 7th Malaysia Plan.

The company was set-up in 1992 to promote the adoption of technologies by local companies via commercialisation of local R&D or acquisition of foreign technologies. Since then, MTDC has been a key player in commercialisation and management of Government funds. Currently, MTDC manages five funds, specifically the Commercialisation of R&D Fund (CRDF), Technology Acquisition Fund (TAF), Halal Fund, Business Start-Up Fund (BSF) and Business Growth Fund (BGF).
Besides fund management, MTDC also provides an integrated support services for technopreneurs which includes advisory services such as mentoring, soft-landing, branding, fund raising, international collaboration and networking. MTDC’s commercialisation ecosystem has provided funding and assistance to over 500 technology-based companies that are involved in a wide range of activities ranging from the agricultural sector to ICT.

In the 9th Malaysia Plan (9MP) and 10th Malaysia Plan (10MP) alone, companies that were recipients of MTDC’s Commercialisation of Research and Development Fund (CRDF) and Technology Acquisition Fund (TAF) generated a total of RM1.974 billion in sales and contributed towards the creation of 5,261 new jobs and a total of 465 Intellectual Property Rights were filed.

You are cordially invited to send a reporter and photographer/cameraman to cover the event.

SOURCE: Malaysian Technology Development Corporation (MTDC)

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Alvirah Mohd Natt
Vice President
Corporate Communications Department
Tel: 017 212 2802
Email: alvirah@mtdc.com.my

Name: Sharus Shavek Sharudin
Senior Associate
Corporate Communications Department
Tel: 012 358 4181
Email: sharusshavek@mtdc.com.my

-BERNAMA


 
 
 

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