Page 95 - SP2025

Strategic Plan 2025 - 2030 | MEITD

Expansion of the Start-Up Ecosystem Accelerated Research
Commercialization
Increased establishment of start-ups and
innovation-driven enterprises, particularly in Increased conversion of research outputs into
high-growth sectors such as biotechnology, viable start-ups and spin-off ventures, driving
renewable energy, artificial intelligence, and technological advancement and industry
the digital economy. transformation.
Enhanced Entrepreneurial Economic and Industrial Growth
Competencies
Greater contribution of start-ups to Sarawak’s
Strengthened entrepreneurial skills and economic diversification, job creation, and
capabilities among students, researchers, and industrial development, reinforcing the state’s
professionals, fostering a culture of innovation knowledge-based economy.
and business acumen

• Number of start-ups established in • Number of mentorship programs,
high-growth and priority sectors. accelerator initiatives, and capacity-
• Total funding secured for start-ups building workshops conducted.
through grants, venture capital, and • Revenue growth and employment
private investments. generation by start-ups supported
through MEITD initiatives.

Establish Start-Up Incubators and Promote Entrepreneurial Education
Innovation Hubs and Capacity Building

• Develop physical and digital • Introduce entrepreneurship
incubation spaces to provide start-ups education, boot camps, and start-up
with mentorship, financial support, accelerator programs in universities,
technical resources, and networking technical institutions, and research
opportunities. centres.
• Strengthen university-based • Provide industry exposure, leadership
innovation hubs to facilitate the training, and business development
commercialization of research and support to equip aspiring
student-led entrepreneurship. entrepreneurs with essential skills for

©2025 Ministry Of Education, Innovation And Talent Development Sarawak 79