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Social Impact
Challenge
Accelerator

A platform that assembles high potential innovators
to scale and accelerate impact-driven solutions in
tackling social and environmental challenges

Startups
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Global Market-Fit
Programme

Virtual Global Market-Fit Programme (GMP) provides a platform for high growth innovative startups to explore cultures, understand ways of business and gain international market access in countries beyond ASEAN.

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Malaysia's First Social Value Network

An engaging platform for everyone to champion solutions for social and environmental challenges

Social Innovators
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Program Perolehan Impak
Sosial Kerajaan

An impact-driven social procurement programme which aims to leverage on the purchasing power of the Government in driving positive social and environmental outcomes in Malaysia.

Empowering the spirit of entrepreneurship, creativity and innovation

MaGIC supports the creativity and innovation development in Malaysia through dynamic programmes and capacity-building initiatives. About Us

Individuals Impacted
Social Enterprises
Startups
Investment Raised (MYR)
80m
Value Created (MYR)
View Our Impact Dashboard

National Technology & Innovation Sandbox

Advancing Malaysia through
Advanced Technology

Laern More
Solution Seeker
A
Initiatives

Social Impact Matching Grant

Double the impact. For every ringgit crowdfunded, receive another through the Social Impact Matching Grant.

Solution Seeker
Learn More

What We Offer

For Entrepreneurs

Elevating the entrepreneurial mindset by leveraging technology and innovation.

For Corporates

Connecting corporates and private sector organisations to accelerate business growth.

Initiatives

Building The Economy Together

#bersamamenjanaekonomi
#penjana #kerajaanprihatin

Social Impact Matching Grant

Double the impact. For every ringgit crowdfunded, receive another through the Social Impact Matching Grant.

Application is open

National Technology & Innovation Sandbox

Advancing Malaysia through Advanced Technology

Upcoming Events

ALT.Labs Juniors 1 – Introduction to Coding via Scratch (Drag and Drop Programming)

18 JANUARY 2020

Factoring: Empower Your Business Growth by Turning Invoice Into Cash

26 February 2020

MaGIC Alumni

Startup Definition

Solution Seeker

Incorporated no more than 5 years

Solution Seeker

Up to revenue and / or investment size of MYR20 million

Solution Seeker

Innovation-driven and disruptive, technology enabled business

Solution Seeker

Scalable business model (National, regional & global market potential)

Solution Seeker

High potential for impact and growth

Solution Seeker

Startup Definition

Incorporated no more than 5 years
Up to revenue and / or investment size of MYR20 million
Innovation-driven and disruptive, technology enabled business
Scalable business model (National, regional & global market potential)
High potential for impact and growth

Startup Definition

Incorporated no more than 5 years
Up to revenue and / or investment size of MYR20 million
Innovation-driven and disruptive, technology enabled business
Scalable business model (National, regional & global market potential)
High potential for impact and growth
SME Characteristics

Small Medium
Enterprise (SME)

A business involved in manufacturing, services and / or other sectors with certain sales turnover and a certain number of workers
Innovation is not necessary nor a competitive advantage
Linear growth and requires modest amount of capital (often bank financing)
Focus on addressing local and regional markets only
Jobs generally performed locally
(F&B, Services, etc.)
Often a family business
STARTUP Characteristics

Innovation Driven Enterprise (IDE)

A technology or innovation enabled business at early stage with a scalable business model and a high growth strategy
Innovation (tech, business model etc) is part of the company's DNA and potential competitive advantage
Initial loss followed by exponential growth or failure; often requiring external equity capital
Focus on global/regional markets
Tradable jobs. Can be performed locally or globally
Diverse ownership from the founding team

Inspiring Stories

Be inspired by the changemakers from the MaGIC Programmes which has impacted the startups to be successful entrepreneurs

MaGIC In The News

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Our Partners

In keeping with our mission, these partnership are designed to cultivate a creative and innovative entrepreneurial ecosystem