MRANTI is an active industry player in R&D, commercial and innovation through the Supercharger Series Program
KUALA LUMPUR: As part of the kingdom’s efforts to make Malaysia a high-tech nation by 2030, the Malaysian Research Accelerator For Technology And Innovation (MRANTI) launched the Supercharger Series Program, Supercharging Your Commercialization Potential.
The Chief Executive Officer of MRANTI, Dzuleira Abu Bakar said, the program aims to gather industry players under one roof to deepen research and development (R&D) technology in addition to MRANTI’s Commercialization and Innovation (C&I).
She explained that, among other things, the agenda of the program is to find solutions and identify effective methods in order to bridge the gap related to the commercialization technology in Malaysia.
“For the same purpose, MRANTI also showcases selected university spin-off businesses that have been successfully commercialized and R&D projects with intellectual property that are ready for commercialization. This is hoped to provide exposure and inspiration to the community involved,” he said after launching the Supercharger Series Program, Supercharging Your Commercialization Potential at the Auditorium, HIVE 5, MRANTI Park, Kuala Lumpur recently.
Meanwhile, Dzuleira said, various benefits were received by the participants through the program implemented.
“The initiatives under MRANTI are expected to impact 5,000 potential entrepreneurs, create 50 proof-of-concepts , prototypes or products, benefit 1,250 business owners and create economic value of RM500 million.
“The Ministry of Science and Technology (MOSTI) through MRANTI will also bring 50 of the best intellectual property of spin-off companies from five local higher education institutions to the commercialization route,” she said.
At the same time, Dzuleira commented on the importance of intellectual property rights (IP) as an ‘intellectual currency’ that has many advantages including promoting the country’s economic growth.
“Companies that own intellectual property rights will have a higher competitive advantage and legal protection against counterfeiting. Such legal protection is important, especially for companies that want to export to new markets,” she added.
source – Eton Khir