Khazanah launches plan to support startups


PETALING JAYA: Khazanah Nasional Bhd has launched an initiative called Future Malaysia Programme to support the local start-up ecosystem of entrepreneurs, start-ups, venture capital and corporate venture programmes through collaborations with domestic and international partners.

In a statement yesterday, the sovereign wealth fund said the Future Malaysia Programme is under Khazanah’s Dana Impak mandate, which is a RM6bil commitment over five years.

Dana Impak is a key pillar under Khazanah’s Advancing Malaysia strategy, seeking to invest across six themes based on issues and challenges facing the nation, including digital society and technology, quality health and education for all, decent work and social mobility, food and energy security, and competing in global markets. — Bernama

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

QL resources to benefit from steady demand
Vietnam wood product exporters to leverage trade deal with UK
CBI: Business tax raid crashing UK private sector
Bangladesh wants to renegotiate power deal with Adani
Mah Sing’s to gain from demand for housing
Japanese firms boost capital expenditure as confidence holds up
Jakarta eyes nuclear power tech with US, Russia
Hanoi to build high-speed railway to Ho Chi Minh City
Uniqlo Vietnam hits 60% local production in five-year milestone
Job ads tumble 1.3% Down Under

Others Also Read