{"id":3986,"date":"2023-03-21T00:00:00","date_gmt":"2023-03-20T16:00:00","guid":{"rendered":"https:\/\/dailymarkup.com\/?p=3986"},"modified":"2023-03-20T23:03:27","modified_gmt":"2023-03-20T15:03:27","slug":"daily-markup-706-500-global-khazanah-nasional-team-up-to-grow-malaysias-startup-ecosystem-under-us1-33b-dana-impak-commitment","status":"publish","type":"post","link":"https:\/\/dailymarkup.com\/?p=3986","title":{"rendered":"Daily Markup #706: 500 Global &amp; Khazanah Nasional team up to grow Malaysia\u2019s startup ecosystem under US$1.33B Dana Impak commitment"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh3.googleusercontent.com\/GVVFyjaimnO1FpbLEyDLmjd_1NgM6IY6nxksELOxeH1BTTL_bdXpmjzMiBsKAWqtGPre1APb7B4FHh2uAWmwxWlrwdWyU307Jf4DQhkMozJyingvnq8kzRMpAN71s0jVgOYCm3iN_MvZferhOuCfzF4\" alt=\"\" \/><figcaption class=\"wp-element-caption\">Credit: Khazanah<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Nation building, one startup at a time<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>It takes a village to raise a child, and an ecosystem to raise a unicorn; 500 Global is proud and privileged to partner with Khazanah Nasional to strengthen Malaysia\u2019s growing startup ecosystem!&nbsp;<\/li>\n\n\n\n<li><a href=\"http:\/\/bit.ly\/3TsmGcu\">The country\u2019s sovereign wealth fund just launched the Future Malaysia Program<\/a> to support local entrepreneurs, start-ups, venture capital, and corporate venture programs.&nbsp;<\/li>\n\n\n\n<li>Together, we will discover and nurture early-stage entrepreneurs and startups, as well as provide them with the strategic support required to build great companies. Our global footprint and network will also help Malaysian startups expand internationally.<\/li>\n\n\n\n<li>Khazanah will play an integral role in funding high-growth startups in Malaysia to spur innovation and economic growth in the country. The initiative is under the Dana Impak mandate, which has committed a total of US$1.33B over 5 years, and seeks to invest across six themes: digital society and technology, quality health and education for all, decent work and social mobility, food and energy security, building climate resilience, and competing in global markets.<\/li>\n\n\n\n<li>\u201cMany of the megatrends that <a href=\"http:\/\/500.co\/\">500 Global<\/a> is investing in today &#8211; financial inclusion, digitalization, access to healthcare and education, and sustainable cities &#8211; are aligned with Dana Impak\u2019s key themes,\u201d said Khailee Ng, Managing Partner of 500 Global.<\/li>\n\n\n\n<li>\u201cOur current global economic climate makes it very clear that our future needs rebuilding, and it is a privilege to partner with Khazanah to push innovation, serve the underserved, and uplift Malaysia\u2019s economy and communities,\u201d he added.<\/li>\n\n\n\n<li>Ultimately, the program aims to increase Malaysia\u2019s economic competitiveness and resilience, while delivering socio-economic benefits to Malaysians.<\/li>\n\n\n\n<li>Read the full article on <a href=\"http:\/\/bit.ly\/3TsmGcu\">TechNode Global<\/a>.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Nation building, one startup at a time<\/p>\n","protected":false},"author":5,"featured_media":3987,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","footnotes":""},"categories":[322],"tags":[473],"class_list":["post-3986","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily","tag-500-global"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Daily Markup #706: 500 Global &amp; Khazanah Nasional team up to grow Malaysia\u2019s startup ecosystem under US$1.33B Dana Impak commitment - Markup<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dailymarkup.com\/?p=3986\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Daily Markup #706: 500 Global &amp; Khazanah Nasional team up to grow Malaysia\u2019s startup ecosystem under US$1.33B Dana Impak commitment - Markup\" \/>\n<meta property=\"og:description\" content=\"Nation building, one startup at a time\" \/>\n<meta property=\"og:url\" content=\"https:\/\/dailymarkup.com\/?p=3986\" \/>\n<meta property=\"og:site_name\" content=\"Markup\" \/>\n<meta property=\"article:publisher\" content=\"http:\/\/facebook.com\/500southeastasia\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-20T16:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-03-20T15:03:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2023\/03\/71653591074_TBLOGOKHAZANAH.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"590\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ching Yee Ho\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/dailymarkup.com\/#website\",\"url\":\"https:\/\/dailymarkup.com\/\",\"name\":\"Markup\",\"description\":\"Serving bite-sized news on 500 Southeast Asia&#039;s portfolio companies and insights to fuel your momentum in life and business.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/dailymarkup.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/dailymarkup.com\/?p=3986#primaryimage\",\"url\":\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2023\/03\/71653591074_TBLOGOKHAZANAH.jpg\",\"contentUrl\":\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2023\/03\/71653591074_TBLOGOKHAZANAH.jpg\",\"width\":590,\"height\":400},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/dailymarkup.com\/?p=3986#webpage\",\"url\":\"https:\/\/dailymarkup.com\/?p=3986\",\"name\":\"Daily Markup #706: 500 Global &amp; 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