MOSTI Announces Top 5 Winners Of MYHackathon 2022 Cohort 1

Ministry of Science, Technology and Innovation (MOSTI) has announced its winners for MYHackathon 2022 Cohort 1 at Rekascape, Cyberjaya today. The winning teams include Duckarts Studio, Kapitani Sdn Bhd, The Badangs, A2Tech Sdn Bhd and Fly Bots Technology.

The ceremony that was officiated by Science, Technology and Innovation Minister, YB Dato’ Sri Dr. Adham bin Baba, will reward all MYHackathon 2022 winners with a whopping startup grant up to RM250,000 and a one-to-one mentorship to develop and execute their pilot project for 12 months.

In his welcoming remarks, YB Dato’ Sri Adham bin Baba said that the numbers of applicants received for the first cohort this year is really encouraging as we have received 433 applications that come from different expertise backgrounds like marketing, product design and artificial intelligence.

Besides that, there are also applications from outside of Klang Valley including Sabah and Sarawak.

“MYHackathon that was organized by Cradle is the best example of a programme which combines funding and talent development interventions that are strategically planned under the Malaysian Startup Ecosystem Roadmap (SUPER) 2021-2030. We are hopeful that with these type of programmes, we can further attract investors towards high potential technology startups in Malaysia to expand their businesses not only locally but even globally”, he said.

He added, “I see that the recognition and grant award is a very important starting point to the MYHackathon 2022 winners. It is time for us to prove the ability and expertise of our local startups on par with other developed countries.”

There are five (5) problem statements that has been brought forward from ministries and government agencies, which are:

Problem Statement Ministry/Agency
Solution for monitoring subsidized cooking oil issue. Ministry of Science, Technology and Innovation (MOSTI) and Ministry of Domestic Trade and Consumer Affairs (KPDNHEP)
Digital solution to monitor the output and crops marketability for offers and demands forecasting Ministry of Agriculture and Food Industries (MAFI)
Solution for more effective oil palm sales. Mechanisation and Automation Research Consortium of Oil Palm (MARCOP)
Robot usage solution for early reconnaissance Search & Rescue (SAR) activities for Fire and Rescue Department of Malaysia. Ministry of Housing and Local Government (KPKT)
Solution to control drone trespassing for smuggling purposes and unauthorized surveillance to limited access area for Malaysian Prison Department. Ministry of Home Affairs (KDN)

 

With the theme ‘Hackathon Nasional Untuk Malaysia Yang Inklusif’, the programme that was launched on 27th July 2022 has closed its doors for cohort one after two weeks of intensive camp and mentorship session as preparation for today’s finale.

Cradle’s Acting Group Chief Executive Officer, Norman Mattheiu Vanhaecke said, “Cradle as the organizing agency for MYHackathon 2022 will continue to support and guide all startups in Malaysia from ideation to commercialization stage. Cradle will work hand in hand with MOSTI to continue giving our support and guidance to all of the winners in making sure the selected solutions can be developed and ultimately, giving positive impacts to the people.”

As for Senior Vice President of Ecosystem Development Cradle, Ahmad Kashfi Alwi, he said “MYHackathon 2022 has witnessed the growth of new startups with outstanding ideas and skillsets in solving these problem statements and this is aligned with the main objective of MYStartup programme and all of the initiatives headed by MOSTI to provide a platform for all startups to innovate and becoming more critical and competitive.”

Related articles

Ficus Capital Invests RM2 Million in Malaysian Tech Startup Simplify

In a significant boost to Malaysia's rapidly expanding 5G...

JULO Pulls In US$120M ARR, Grows Portfolio 50%, Reports Profitability

JULO, a digital financial services platform dedicated to financial...

Malaysia Welcomes JA Asia Pacific Company Of The Year Competition For A Second Time

Excitement is building as the Junior Achievement (JA) Asia...

Unravelling The Trends Of Emerging Technologies

By Business Intelligence & Insights Team, Cradle Data are taken...

Meet Percy Hung, CEO & Co-Founder Of Choco Up

Percy Hung is an entrepreneur and investor based in...

LEAVE A REPLY

Please enter your comment!
Please enter your name here