A
Initiative

Social Impact
Matching Grant

Double the impact. For every ringgit crowdfunded, receive another through the Social Impact Matching Grant.

Entrepreneurs
+ Get Started

COVID-19 Incentives & Relief

A comprehensive reference on COVID-19 Incentives & Relief for Entrepreneurs

Startups

MaGIC Bootcamps

MaGIC Bootcamps are intense outcome-driven 5-day workshops for teams to build, test and refine their ideas to be launched and find product-market fit. Participants will be working with facilitators, coaches and subject-matter experts using our tried-and-tested systematic framework in building a product development plan for a Minimum Viable Product (MVP).

+ Apply Now
Startups

University Startup Challenge (USC)

MaGIC’s University Startup Challenge 2020, a 2-day startup immersion and pitching competition for students in higher learning across Malaysia.

+ Apply Now
Entrepreneurs
+ Learn More

MaGIC Online
Academy

The Online Academy is a pilot programme to support the ongoing physical programmes by MaGIC and provide continuous learning support system for the participants following a programme completion.

Social Enterprises
+ Learn More

Social Enterprise Accreditation (SE.A)

The Social Enterprise Accreditation (SE.A) is a national certification by Ministry of Entrepreneur Development (MED) recognising legitimate social enterprises. SE.A intends to certify the status of social enterprises in Malaysia to help them access greater support and opportunities to grow.

Services
+ Get Started

Mentorship

Get a step closer towards attaining your entrepreneurial dream by connecting with skilful and seasoned entrepreneurs from various backgrounds

Empowering the spirit of entrepreneurship, creativity and innovation

MaGIC supports the creativity and innovation development in Malaysia through dynamic programmes and capacity-building initiatives. About Us

Individuals Impacted
113,300
+
Social Enterprises
180
+
Startups
1,680
+
Investment Raised (MYR)
80m
Value Created (MYR)
1.9b
View Our Impact Dashboard

National Technology & Innovation Sandbox

Advancing Malaysia through
Advanced Technology

Laern More
Solution Seeker
A
Initiatives

Social Impact Matching Grant

Double the impact. For every ringgit crowdfunded, receive another through the Social Impact Matching Grant.

Solution Seeker
Learn More

What We Offer

For Entrepreneurs

Elevating the entrepreneurial mindset by leveraging technology and innovation.

For Corporates

Connecting corporates and private sector organisations to accelerate business growth.

Initiatives

Building The Economy Together

#bersamamenjanaekonomi
#penjana #kerajaanprihatin

Social Impact Matching Grant

Double the impact. For every ringgit crowdfunded, receive another through the Social Impact Matching Grant.

Application is open

National Technology & Innovation Sandbox

Advancing Malaysia through Advanced Technology

Upcoming Events

ALT.Labs Juniors 1 – Introduction to Coding via Scratch (Drag and Drop Programming)

18 JANUARY 2020

Factoring: Empower Your Business Growth by Turning Invoice Into Cash

26 February 2020

Startup Definition

Incorporated no more than 5 years
Up to revenue and / or investment size of MYR20 million
Innovation-driven and disruptive, technology enabled business
Scalable business model (National, regional & global market potential)
High potential for impact and growth

Startup Definition

Incorporated no more than 5 years
Up to revenue and / or investment size of MYR20 million
Innovation-driven and disruptive, technology enabled business
Scalable business model (National, regional & global market potential)
High potential for impact and growth
SME Characteristics

Small Medium Enterprise (SME)

A business involved in manufacturing, services and / or other sectors with certain sales turnover and a certain number of workers
Innovation is not necessary nor a competitive advantage
Linear growth and requires modest amount of capital (often bank financing)
Focus on addressing local and regional markets only
Jobs generally performed locally
(F&B, Services, etc.)
Often a family business
STARTUP Characteristics

Innovation Driven Enterprise (IDE)

A technology or innovation enabled business at early stage with a scalable business model and a high growth strategy
Innovation (tech, business model etc) is part of the company's DNA and potential competitive advantage
Initial loss followed by exponential growth or failure; often requiring external equity capital
Focus on global/regional markets
Tradable jobs. Can be performed locally or globally
Diverse ownership from the founding team

Inspiring Stories

Be inspired by the changemakers from the MaGIC Programmes which has impacted the startups to be successful entrepreneurs

MaGIC In The News

12 Startup Pitch Their Mobile Apps Idea for Grill Or Chill at MaGIC Sarawak

UNIMAS — 9 JANUARY 2020

Everyone’s Onboard the BoardBack Enterprise

MaGIC — 13 DECEMBER 2019

10 Investment-Ready M’sian Startups From MaGIC’s Recent GAP Demo Day

VULCAN POST — 9 DEC 2019

View All News

Our Partners

In keeping with our mission, these partnership are designed to cultivate a creative and innovative entrepreneurial ecosystem