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

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