We have successfully built an award-winning ecosystem through our unique collaborations with academia, industries, government agencies, and startups to foster entrepreneurship and accelerate innovation. Our ambition is to continue to strengthen this ecosystem in which a strong community of entrepreneurs and innovators can thrive and thus drive the nation’s progress towards becoming a high-income economy through sustainable development.
Our innovation ecosystem is built around the three M’s: Money, Mentors, and Market access. It is supported by a non-profit accelerator and incubator Sunway iLabs; a corporate venture capital arm Sunway Ventures and a venture capital fund Sun SEA Capital.
We are able to provide an ideal testbed and launchpad for startups, offering them access to vast resources within our 13 business divisions, as well as a strong talent pool of 60,000 university students in and around Sunway City Kuala Lumpur. Entrepreneurs can test their solutions within the City, to validate technologies at Sunway University’s research and development labs and to conduct prototyping at Sunway iLabs’s Makerspace.
In addition to providing in-house seed and early-stage VC funding, we also partner with external VCs, such as Gobi Partners, and various network organisations the likes of the Malaysian Business Angel Network (MBAN) to develop the local and ASEAN startup ecosystem.