The Malaysia Digital Economy Corporation (MDEC) has partnered with the ‘Malaysia Digital Hub’ operators to address their daily business operation challenges by offering these affected startups and entrepreneurs with an affordable daily ‘Digital Hub Pass,’ an ideal package to grow their businesses during post-Covid-19.
‘Malaysia Digital Hubs’ is an extension of the MSC Malaysia Cybercentre that was created for start-ups and digitally-powered businesses. It is specifically designed as hotbeds for innovation, digital co-working spaces and incubators using digital technologies in their respective fields of specialisation.
The Covid-19 pandemic has affected most start-ups, especially in continuing their business operations as they were faced with difficulties such as paying high rental costs and long-term contract durations.
These start-ups are looking at flexible and cost-effective options, which MDEC believes that incubators and co-working spaces like Malaysia Digital Hubs can assist them.Through these facilities, start-ups can access vital assistance such a mentorship, funding opportunities, accelerator programmes, corporate partnership and other business and digital development programmes.
The ‘Digital Hub Pass’ offers two packages, from as low as RM10.00 (per day) or RM40.00 (per week-5-day pass) for entrepreneurs to start their operations at the participating Malaysia Digital Hubs.
According to Gopi Ganesalingam, Vice President of MDEC’s Global Growth Acceleration (GGA) division, tech start-ups are undeniably the key drivers of digital transformation in the country.
“Looking at these vast opportunities, MDEC is steadfasting its support of the entrepreneurial ecosystem by digitally-empowering Malaysian businesses, while supporting the country’s economic recovery. We are delighted to partner with the Malaysia Digital Hubs operators to offer this ‘Digital Hub Pass’ which will certainly help them scale up, build business acumen and innovation skills,’ Gopi explained.
In total, there are seven certified ‘Malaysian Digital Hubs’ supporting over 400 start-
ups. The “Malaysia Digital Hubs’ are also in partnership with other accelerators and tech-based multinational companies (MNCs) like Google, Amazon and Microsoft to build talent pool and provide funding opportunities (through partners like Cradle, Gobi Partners, etc), community engagements, events, mentorship, training, hackathons and various accelerator programmes.
The Malaysia Digital Hub is part of MDEC’s initiative to accelerate Malaysia’s digital economy growth, while ensuring socio-economic inclusivity by focusing on three key pillars: Digitally-skilled Malaysians, Digitally-powered businesses, and Digital investments.
At the moment, among the ‘Malaysia Digital Hubs’ that are supporting the ‘Digital Hub Pass’ initiative include Common Ground, CO., Dojo KL, UnionSPACE and WORQ located in the Klang Valley area.
Tech entrepreneurs, who are not existing tenants of the participating co-working spaces can obtain the ‘Digital Hub Pass’ directly from the selected ‘Malaysia Digital Hubs’, starting today until Aug 31.
To encourage more start-ups to participate, there are more than 13 accelerators and co-working spaces in the pipeline, and soon will be participating with the Malaysia Digital Hubs to offer the Digital Hub Pass.