Page 94 - SP2025
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Strategic Plan 2025 - 2030 | MEITD



















                  The development of innovation-driven enterprises is a key catalyst for economic diversification, job
                  creation, and technological advancement in Sarawak. This strategic objective aims to cultivate a
                  dynamic and resilient entrepreneurship ecosystem by providing comprehensive support for start-ups,
                  entrepreneurs, and innovation-based enterprises, ensuring their growth, sustainability, and global
                  competitiveness.
                  MEITD plays a facilitating role in strengthening the entrepreneurial landscape by enhancing access
                  to funding, mentorship, training, and business development support. Through strategic partnerships
                  with  financial  institutions,  industry  players,  research  institutions,  and  government  agencies,  this
                  initiative enables innovators and entrepreneurs to transform ideas into commercially viable solutions
                  that address local and global challenges.
                  A key focus is placed on empowering start-ups and small and medium-sized enterprises (SMEs) in
                  high-growth  sectors,  such  as  biotechnology,  renewable  energy,  artificial  intelligence,  smart
                  agriculture,  and  digital  economy,  ensuring  that  Sarawak’s  entrepreneurial  ecosystem  remains
                  aligned with future industry demands and technological advancements

                  Additionally, this initiative fosters a culture of innovation, problem-solving, and self-sufficiency by
                  promoting  entrepreneurial  education,  incubation  programs,  and  research  commercialization
                  initiatives.  By  nurturing  talent,  strengthening  business  capabilities,  and  integrating  digital
                  transformation into entrepreneurial development, MEITD aims to position Sarawak as a leading hub
                  for innovation-driven enterprises in the region.
                  Through  policy  advocacy,  capacity-building,  and  innovation-friendly  regulatory  frameworks,  this
                  initiative  ensures  that  entrepreneurs  have  the  necessary  resources,  networks,  and  institutional
                  support to scale their businesses, compete in global markets, and contribute to Sarawak’s aspirations
                  of becoming a high-income and knowledge-based economy under PCDS 2030.






                  To catalyse the development of a vibrant entrepreneurial ecosystem that contributes to job creation,
                  economic diversification, and innovation in Sarawak. This objective aligns with MEITD’s mission to
                  advance sustainable development and position Sarawak as a regional hub for entrepreneurship and
                  innovation.













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