Green Technology Annual Report

Entrepreneur Programme Climate Launchpad 1 2 3 Climate Launchpad aims to accelerate the growth of green technology- based start-up companies in Malaysia Objective to shape innovative green business ideas into viable business solutions, attracting greater take-up by financial institutions and investors Unlock The Potential of Malaysia’s Green Economy as it develops successful green entrepreneurs and created more green job opportunities Various programmes have been organised in collaboration with third parties over the last decade to promote entrepreneurship in green technology. In 2018, MGTC partnered with the Malaysian Global Innovation and Creativity Centre (MaGIC) on Climate Launchpad (CLP), which accelerates the growth of green technology- based start-up companies. The objective is to shape innovative green business ideas into viable business solutions, attracting greater take-up by financial institutions and investors. The focus was on facilitation and mentoring of participants as well as creating access to public-private funds with MGTC and MaGIC contributing RM100,000 each. The biggest attraction of the project was the chance for start-ups to qualify for the Grand Championships of the CLP 2018 in Scotland. Following a two-day Bootcamp facilitated by a CLP trainer and a six-week Acceleration Lab, the national final for CLP was held, and three champions were enrolled for Scotland. Overall, the programme served to unlock the potential of Malaysia’s green economy as it developed successful green entrepreneurs and created more green job opportunities. 77 MALAYSIAN GREEN TECHNOLOGY & CLIMATE CHANGE CENTRE ANNUAL REPORT 2019