Mentari Alam EKO Sdn Bhd (MAEKO) & Nanopac Sdn Bhd were selected as Malaysia’s winners in tech pitching for IPIEC Global Contest 2018, an innovation contest that helps IP owners, SMEs, startups, researchers, and innovators to realise their dream to bring intellectual property (IP) innovations to enter China market.
MAEKO is the brainchild of three individuals focused on solving the Food Waste issue and is committed towards helping the globe achieve zero food waste by providing composting solutions for all kinds of businesses and homes.
On the other hand, Nanopac Sdn Bhd is responsible for changing the Surface Chemistry of any materials with Nanotechnology, innovate technologies in Particle Therapy medical, agricultural, environment engineering and market development and these two selected pitchers will advance to the national level in China in December.
The top two projects of each preliminary contest will be selected to proceed to the semi-final where a written assessment will then be conducted by professional judges to select semi-finalists for the remaining projects that are outside of the 10 preliminary contests.
IPIEC Global a platform to promote global technology transfer and commercialisation of innovations is on a tech scouting drive for the right technologies in the global context for Chinese enterprises.
Winners of the contest will take home grand cash prizes worth US$170,000, have access to renowned investors and they also get to enjoy benefits such as gaining direct experience and understanding about China, being mentored by prestigious entrepreneurs and experts, traveling across multiple destinations in China, receiving diverse online and offline promotion, and enhanced project awareness and exposure.
IPIEC Global 2018 (ASEAN Chapter) the contest aimed to promote revolutionary technologies in a much broader and faster way and heighten awareness of the general public, academics, investors and entrepreneurs on technology trends and IP concepts.
IPIEC Global 2018 is organised and hosted by WTOIP, a global leading IP and entrepreneurial resource sharing platform based in Guangdong, China that believes IPIEC Global 2018 will be an effective means to connect innovations with capital, talents with enterprises, overseas projects with local clusters, and marketing operations with government policies, in order to promote cross-border technology transfer and accelerate local industrial upgrade.
WTOIP, which conducts scouting out technologies globally, is facilitating Malaysian small and medium enterprises (SMEs) and start-ups with the right technologies to enter the China market.
“Malaysia is in a strategic location in ASEAN, which is well connected with Yunnan Province of China and through this event, Malaysian SMEs will gain the opportunity to pitch their innovations and ideas to enterprises, investors and the authorities from Yunnan Province, particularly Kunming City, to explore cross-border cooperation opportunities,” said WTOIP senior vice president, Edmont Rao.
“The Kunming Government welcomes Malaysian high-technologies to launch in their industrial zones which provide concrete support in terms of working space, industrial chain resources and tax benefits.
“By introducing great technologies, we hope to achieve technological transformation and collaborative development among industries within the region,” he added.
Based on IPIEC Global 2017’s success, IPIEC Global 2018 is now guided by China’s Ministry of Industry and Information Technology, domestically, IPIEC Global 2018 and local large enterprises, industrial clusters, governments and Sino-Foreign Cooperation Parks across China have worked together to stimulate innovation and entrepreneurship at home and abroad with their expanded influence.
In other words, IPIEC Global 2018 bridges the gap between start-ups, enterprises, innovators, researchers and business owners, bringing together resources and expertise to provide a vital contribution to the ecosystem and community.
“The 4th Industrial revolution is a market leveller providing equal opportunities to technology start-ups and SMEs with the best Intellectual Property strategy to make a giant leap into leadership positions.
“Being at the forefront, nanotechnology sets the current benchmark of technological and innovation excellence influencing IoT, AI and automation, changing product designs and affecting business services.
“The industry is directly and indirectly adopting nanotechnology as the new standard to remain competitive” said Dr. Rezal Khairi, CEO of NanoMalaysia.
Supporting the IPIEC Global 2018 (ASEAN Chapter) are Malaysia Digital Economy Corporation (MDEC), Malaysian Global Innovation & Creativity Centre (MaGIC), New Entrepreneurs Foundation (myNEF), NanoMalaysia, MyInnoHub, Technology Park Malaysia (TPM), Malaysian Industry-Government Group for High Technology (MIGHT), SME Corporation Malaysia, Intellectual Property Corporation Malaysia (MyIPO), and the Research Centers from local universities.
Originated from Guangzhou, China, IPIEC Global 2018 covers more destinations than before, including Malaysia, the United States, the United Kingdom, Germany, Switzerland, Russia, Israel, South Korea, Australia and Hong Kong.
