KOTA KINABALU: Malaysia aims to be one of the world’s top 20 global start-up companies ecosystems through the Malaysian Startup Ecosystem Roadmap (Super) 2021–2030, says Datuk Seri Dr Adham Baba (pic).

The Science, Technology and Innovation Minister said that the goal was in line with national high-tech innovation policies and programmes.

Dr Adham said, based on the Global Startup 2021 company ecosystem report, Malaysia is currently ranked 21 out of 100 best developing ecosystems.

“Malaysia is second behind the most innovative Singapore (Digital Platform Economy Index 2020) and the third highest country in South-East Asia in terms of the number of start-up companies.

“With Super or the development of this start-up roadmap ecosystem, we have an intervention that we will implement by outlining five challenges: talent, financing, regulations, policies and international penetration,” he told reporters after launching the MYStartup East Malaysia Tour.

He was witnessing the exchange of memorandum of understanding documents between Cradle Fund Sdn Bhd and Sabah Creative Economy and Innovation Centre (Scenic) at the Kota Kinabalu International Convention Centre here yesterday, Bernama reported.

Dr Adham also said through the MYStartup portal, which was launched by the ministry in November last year, a total of 2,227 start-up companies have registered on the portal.

However, he said only 24 of them were from Sabah.

As such, the minister said, through the MYStartup tour, in collaboration with Scenic, more start-up companies in Sabah would be able to join and register on the Super platform, which is on the website www.mystartup.gov.my.

He added that the Sabah Science, Technology and Innovation Ministry was targeting at least 50 start-up companies in the state to join Super this year.