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.