MCC Post-Challenge Obligations
In line with the Challenge’s objective of nurturing a community of young entrepreneurs to develop and provide Malaysian made mobility content, application and services, the 5 Winning Teams shall work closely with the Organising Committee by participating in the commercialization readiness process arranged by the Organising Committee. The process may include and require the following:
- Commitment by the Winning Teams to pursue the state of commercial readiness
- Commitment by the IHLs through the advisors to support, provide guidance and ensure the Winning Teams complete the process
- Quarterly review over a period of 12 months with the Organising Committee to assess the state of commercial readiness of the Winning Teams; and
- Engage in discussions with the Organising Committee and third parties
The Organising Committee will guide the Winning Teams towards:
- Commercializing of the Prototypes; and
- Sourcing of suitable partners who could potentially be interested in the commercialization of the Winning Team’s Prototype.