The Malaysia Commercialisation Year Summit 2023: A Hub of Ideas

The Malaysia Commercialisation Year (MCY) Summit 2023, held on August 3rd and 4th, was a resounding success. Organised by the Ministry of Science, Technology and Innovation (MOSTI), the event was a testament to the value of government investment in Research & Development (R&D). The Summit aimed to foster a culture of business matching between emerging startups and potential customers, providing a fertile platform for ideas to take root and collaborations to bloom.

Favoriot Takes the Stage

Our startup, Favoriot, was privileged to be invited to participate in the exhibition segment of the event. Presented with a standard-size booth, we were all set to step into the limelight and connect with potential leads.

Forging Connections and Building Brand Exposure

The MCY Summit 2023 was not just about showcasing our work, but also about expanding our horizons. The event provided us an excellent opportunity for brand exposure, enabling us to showcase our recent completion – the Smart City project implemented using the National Technology & Innovation Sandbox (NTIS).

We had the pleasure of connecting with both old and new acquaintances, engaging in enlightening discussions, and exploring the potential for future collaborations. These interactions left us with a trove of valuable contacts, promising to yield productive follow-up discussions in the days to come.

Transforming Success into Opportunities

The NTIS project was a significant milestone for us – a beacon of successful implementation of smart city technologies. Our participation in the MCY Summit 2023, we hope, will help to convert this success into tangible commercial projects.

The Summit was indeed a rewarding experience. As we navigate the dynamic world of startups, these interactions and exposures only serve to strengthen our resolve to innovate and provide valuable solutions. The MCY Summit 2023 truly embodied the spirit of commercialisation and innovation, and we look forward to carrying this momentum forward.

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