Minister of Science, Technology and Innovation (MOSTI),
YB Khairy Jamaluddin’s visit toVentureTECH
(18 June 2020)
- VentureTECH’s Office, Cyberjaya
VentureTECH is principally an investment company established by the Government of Malaysia in 2009 with the national mandate to encourage the participation of local Malaysian companies in high value-added and high technology industries, a key mainstay that will drive Malaysia into a sustainable high-growth economy.
VentureTECH assumes a catalytic role to assist with the transformation of the nation’s economic development trajectory by advancing the capability of local technology based companies in targeted growth areas of bio-based, green and emerging industries with an aim to provide new opportunities for growth to generate socio economic benefits to the country and Rakyat. This is achieved by collaborating with key ministries, lead development agencies, and financial institutions.
VentureTECH’s mission is to increase the number of viable, competitive regional and global companies in strategic and high value-added industries, which will be driven by our investment strategies customised to address the existing critical funding gaps within the ecosystem.
In line with the Government’s aspirations outlined in the Shared Prosperity Vision 2030, VentureTECH is well-positioned to play the strategic role in driving the structural reform in economic policies, needed to accelerate the economy’s upward shift towards advanced and knowledge-based economy. Through our impact investment approach, we will continue to emphasise on the socio-economic multipliers that can be created through our investments which aim to expand the benefits to include the wider community while accelerating productivity growth.
To further enhance the company’s impact investment role and framework, VentureTECH joins the Global Impact Investing Network (GIIN), the leading organisation with breadth of global alliances, and 340 members across 47 countriesworldwide within the impact investment domain dedicated to increasing the scale and effectiveness of impact investing.
VentureTECH was incorporated as a wholly-owned subsidiary of the Malaysian Industry-Government Group for High Technology (MIGHT).
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More than just providing capital, we provide strategic support to our investee companies through our vast government and corporate networks, and proven value creation plan