MRANTI’s Innovation Hub for the Fourth Industrial Revolution Will Benefit 1,250 Business Owners

According to Science, Technology, and Innovation Minister Dr Adham Baba, 1,250 business owners are expected to benefit from MRANTI MakersLab, the Fourth Industrial Revolution (4IR) Innovation Hub developed at the Malaysian Research Accelerator for Technology and Innovation (MRANTI) Park.

The initiative was also intended to assist 5,000 aspiring entrepreneurs by exposing them to 4IR technology, as well as 50 companies in developing product prototypes, according to the minister.

He stated that the project's objective to transform MRANTI Park into a 4IR Innovation Hub is to establish a platform for entrepreneurial development and a commercialisation hub to promote innovation among micro, small and medium-sized businesses (MSMEs).

In addition, it focuses on providing experimental laboratories to help MSMEs or startups conduct prototype activities, as well as ongoing capacity and capability development aids.