The Executive reports to the Senior Vice President, Technology & Innovation and is responsible to support the operations of the National Technology Innovation Sandbox (NTIS). The NTIS is an initiative by The Ministry of Science, Technology and Innovation (MOSTI) aimed to accelerate the commercialisation and adoption of innovative products and solutions. MaGIC has been appointed by MOSTI as the Lead Secretariat for NTIS and the NTIS Secretariat comprises of TPM, MIMOS and Futurise.
MaGIC discovers and empowers technology startups and social innovators through creativity, innovation and technology adoption, and develops a vibrant and sustainable entrepreneurship ecosystem in Malaysia. Since its inception in 2014, MaGIC has provided its community of start-ups, investors and ecosystem players with capacity building programmes, market & funding opportunities and regulatory assistance that impacted more than 100,000 aspiring and seasoned entrepreneurs with overall value creation of RM1.9 billion. As an agency under the Ministry of Science, Technology and Innovation (MOSTI), MaGIC facilitates, navigates and enables the ecosystem with the mission of strengthening Malaysia’s position as an emerging innovation nation.