Stiff competition, slowing sales and cash flow problems were issues he grappled with. Louis noted that the lack of interest could be due to the low demand and awareness on such technologies back in the day.
English will be the official language of the Training Workshop. Most of these competitions are now available for university students with some being organised for the general public as well, through various pitching competitions.
Written by iMoney Editorial Over the past two decades, we have seen a proliferation of technopreneurs in Malaysia who have emerged to take advantage of the various new and exciting platforms offered by the Information Communication Technology ICTinternet and mobile industries.
Many investors are focused on what is current and what can make a profit now, rather than what is new and innovative, he said.
Some of the success stories include Solvie Pro, a platform that seeks to empower the rural industry with the supply of temporary workers. A successful entrepreneur is expected to possess managerial proficiency to effectively utilise the available resources; make appropriate feasibility analysis; and have skills in marketing, human resource, financial and manufacturing management and networking.
MobiMax, which is compatible on iPad and Android device platforms, comes with features such as e-commerce, product catalogue, multimedia tools and customer relationship management CRM functions.
InAflexi was acquired by the UK-based company OnAppwhich provides infrastructure-as-a-service software for hosts, telcos and managed service providers.
The very concept of technopreneurship breaks away from the existing economic order by introducing new products and services, and by creating new forms of organisations and exploiting new markets and materials.
Another key function of the Technopreneurship Office is to provide the infrastructure for product and business development. Advertisement The Malaysian Government and government-related agencies have banded together to create a vibrant start-up environment with facilities that range from supporting mechanisms and policies, funding opportunities, physical infrastructure and business advisory services.
I think the government has come to realise that economic progress is driven by entrepreneurship.