KUALA LUMPUR, April 15 (Bernama) -- Malaysia is strengthening its position in the global semiconductor value chain through SemiconStart Malaysia, a national semiconductor incubation programme led by the Malaysian Technology Development Corporation (MTDC). The programme was unveiled today at a pre-launch event attended by stakeholders from government, industry, research institutions and universities, and is designed to support the development of globally competitive companies in areas such as integrated circuit (IC) design, photonics, Micro-Electro-Mechanical Systems (MEMS) and quantum technologies.
The initiative is developed and led by MTDC in collaboration with Silicon Catalyst UK, one of the world’s leading semiconductor incubators and accelerators, with a strong track record of supporting hundreds of chip companies in scaling and growth. The programme combines early-stage funding managed by MTDC with access to advanced design tools, global industry mentorship, strategic partners and international investor networks through Silicon Catalyst’s ecosystem.
“Malaysia’s global reputation in semiconductor manufacturing is firmly established. The next step is to build Malaysian companies that do not merely participate in the industry, but lead in innovation, technology development and value creation. SemiconStart Malaysia reflects MTDC’s role in building this pipeline, by translating technology into ventures, and ventures into globally competitive companies, while strengthening Malaysia’s long-term strategic position across semiconductor value chain,” said Ts. Hj. Mohammad Hazani Hj. Hassan, Group Chief Executive Officer of MTDC.
SemiconStart Malaysia is developed in alignment with Malaysia's National Semiconductor Strategy (NSS) and Budget 2026 commitments, which earmarked RM7.9 billion to upskill the nation's electrical and electronics (E&E) workforce and build strategic depth in the sector. MTDC has been mandated to implement the SemiconStart Malaysia programme, including managing the selection process and disbursement of grants of up to RM1 million per company, as well as overseeing the programme in collaboration with Silicon Catalyst through a structured 260-day incubation track.
Apart from funding, companies will undergo rigorous technical and commercial assessments coordinated by Silicon Catalyst’s UK and US teams. Focus areas include IC design, sensor technologies, photonics, MEMS, quantum technologies and advanced semiconductor materials, all of which have been identified as strategic, highvalue segments under the NSS.
Companies will also be assessed based on their commitment to value creation in Malaysia, including the registration of intellectual property in Malaysia and the development of local technical talent. Foreign participation is allowed under the programme, subject to clear local capability-building and ecosystem contribution .
Against a backdrop of geopolitical uncertainty, supply chain realignment and intensifying competition for critical technologies, Malaysia must continue strengthening its own technology ecosystem to build greater resilience and reduce long-term dependence in strategic areas. This requires stronger domestic capabilities in semiconductor innovation, intellectual property, talent development and venture creation, enabling Malaysian companies to compete more effectively in higher-value segments of the industry. SemiconStart Malaysia is intended to support this shift and reinforce Malaysia’s long-term competitiveness in the global semiconductor value chain.
Silicon Catalyst brings to the partnership a global network of industry advisors, investors and technology partners, as well as experience from similar programmes such as ChipStart UK, a UK Government-backed semiconductor incubator programme. The initiative is led by Sean Redmond, a semiconductor veteran who previously held leadership roles at Cadence, ARM-affiliated Verisity Design, and ARC, together with Dr. Ross Addinall, who brings decades of IC design and EDA experience to Malaysia’s startup pipeline.
The full launch of SemiconStart Malaysia is expected to take place later this year, with applications opening in April. The programme represents a strategic step in strengthening Malaysia’s capabilities in semiconductor design and deep technology, and reflects the broader national effort to move Malaysia further up the global semiconductor value chain through innovation, talent development and technology commercialisation.
Prepared by:
MINISTRY OF SCIENCE, TECHNOLOGY AND INNOVATION
15 April 2026
About Malaysian Technology Development Corporation (MTDC)
Established in March 1992, Malaysian Technology Development Corporation Sdn. Bhd. (MTDC) is a wholly owned subsidiary of Khazanah Nasional Berhad and an agency under the Ministry of Science, Technology and Innovation (MOSTI). MTDC plays a strategic role in strengthening Malaysia’s deep technology ecosystem by supporting the progression of technology companies from development to adoption and scale.
As a technology investor and ecosystem enabler, MTDC provides developmental and growth funding through initiatives such as the National Technology and Innovation Sandbox (NTIS), Halal Technology Development Fund (HTDF), Dana Uji Beli MySTI, Dana Mudahcara MySTI, Business Start-up Fund (BSF), Business Growth Fund (BGF) and the MTDC–Tradeview Quantum Fund, a public–private investment initiative to accelerate the growth of high-potential Malaysian technology companies.
MTDC also strengthens companies through capability development and technology adoption platforms including the Centre of 9 Pillars® (Co9P®), Technopreneur Training Academy (TENTRA), and the MySTI ecosystem, facilitating market access and technology adoption across both public and private sectors.
Over more than three decades, MTDC has supported Malaysian technology companies across key sectors including Electrical & Electronics and Semiconductor, Industry 4.0, Healthcare and Life Sciences, Food Security, Green Economy, and Aerospace and Mobility.
Issued by MTDC Corporate Communications Department
SOURCE: Malaysian Technology Development Corporation (MTDC)
FOR MORE INFORMATION, PLEASE CONTACT:
Name: Munirah Abdullah Sani
Vice President, Corporate Communications Department
Tel: +6019-2687887
Email: munirah@mtdc.com.my
--BERNAMA
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