The Malaysian startup ecosystem is rapidly expanding, and it is an exciting time for the industry. We welcome the support and participation of banks in providing funding, resources, and expertise in financial services, advisory, and mentorship to startups. Banks like HSBC have been playing a critical role in supporting the growth of the startup ecosystem by organizing events like “Navigating the Startup Ecosystem in Malaysia by HSBC Malaysia” two weeks ago where industry leaders discuss ways to collaborate and drive growth in the sector.
Collaboration between banks and venture capital firms like MAVCAP is essential for startups looking to raise capital and accelerate their growth. Such initiatives can lead to a dynamic and vibrant startup ecosystem that fosters innovation and creates job opportunities. We appreciate the partnership and commitment of banks like HSBC in supporting the Malaysian startup ecosystem and believe that through collaboration and innovation, we can continue to create more unicorns and accelerate the growth of the new economy in Malaysia.