Kuala Lumpur, 1 July 2020: Malaysia-based private investment firm RHL Ventures and the Malaysia Digital Economy Corporation (MDEC), in collaboration with the United Arab Emirates’ Ministry of Economy’s Annual Investment Meeting (AIM) Congress, are pleased to announce GoGet as the National Champion for the RHL-MDEC: AIM Startups Virtual Pitch Competition 2020 (Malaysia Roadshow).
The Malaysia roadshow competition, which was held on 1 July 2020, saw stiff competitive rivalry from a pool of 10 contestants that were shortlisted to represent Malaysia’s startup ecosystem. This was done based on the competition’s pre-determined criteria. Each contestant pitched their respective company’s proposition to a jury panel comprising representatives from RHL Ventures, MDEC, SME Corporation Malaysia, the Islamic Development Bank and the IE Business School.
The competition is part of a series of global roadshows under the AIM event, a global stage that takes place across more than 100 countries to discover startups that have a huge potential in expanding and penetrating global markets. As the National Champion, GoGet will be representing Malaysia in an all-expense-paid trip to Dubai to compete against other National Champions at the final AIM 2020 Global Startups Champions League for a chance to win the grand prize of $50,000. In consideration of the ongoing pandemic, the event is tentatively set to take place at the fourth quarter of this year.
In co-organising the Malaysia roadshow competition with MDEC and AIM Congress, Raja Hamzah Abidin, Managing Partner of RHL Ventures, commented: “We believe it is essential to closely collaborate with domestic and global strategic partners to discover competitive local talent and disruptive Malaysian companies as we work towards developing our Malaysian startup ecosystem and launching them to the international arena. As such, we are pleased to partner with the UAE’s Ministry of Economy and the AIM Congress in supporting its mission of enabling economic growth for emerging economies, in particular for the startups pillar.”
Norhizam Kadir, Vice President, Fintech and Islamic Digital Economy, MDEC, expressed more local brands, especially FinTech products, will be ready to go global in the coming years.
In its 10th year, AIM – dubbed the World’s Leading Investment Platform in the Middle East and North Africa – was initially scheduled to take place in March at the Dubai World Trade Centre, but has since been rescheduled to the fourth quarter of the year due to COVID-19. For more information about the Annual Investment Meeting 2020, please visit: https://www.aimcongress.com/
Copyright Press Releases 2020