MYStartup NXT Penang Boosts Startup Scene In Silicon Valley Of The East

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This year’s MYStartup NXT Penang garnered more than 160 attendees, including startup founders, investors, corporate and ecosystem partners, and university students.

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An initiative by the Science, Technology and Innovation Ministry and spearheaded by Cradle Fund Sdn Bhd through MYStartup, the one-day micro-conference highlighted untapped opportunities in Southeast Asia’s emerging markets for startups in Penang to explore. Cradle Group CEO Norman Matthieu Vanhaecke. Ts. Ng Kwang Ming, CEO of Digital Penang, said that Penang’s startups are at a pivotal juncture, benefitting significantly from state-driven initiatives that have cultivated a dynamic environment for innovation and growth.

The lineup of speakers and panellists includes experts from Cradle, Digital Penang, NEXEA, ADA Biotech, Niagawan Plus, Cyberview, Petronas Ventures, and Allianz. Since first launched in 2022, the micro-conference has travelled to five states nationwide, including Selangor, Johor, Sabah, Sarawak, and Penang.

 

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