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Bioeconomy Corporation

Bioeconomy Corporation is Malaysia's leading development agency for biotechnology and bio-based industries, operating under the Ministry of Science, Technology and Innovation. It supports the growth of the bioeconomy sector through various programs and funding initiatives.

Recorded stages
Friends Family, Angel, Accelerator, Pre Seed, Seed, Seed Plus, Series A, Series A Plus, Series B, Series B Plus, Series C, Series C Plus, Series D, Series E, Series F, Growth Equity
Focus sectors
Biotech, Healthcare, Agtech
Recorded regions
Asia

Online destinations

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Official links

Pages the organization runs itself.

Overview

The Malaysian Bioeconomy Development Corporation, known as Bioeconomy Corporation, is dedicated to advancing biotechnology in Malaysia. Established to drive the growth and transformation of the bioeconomy sector, it operates under the Ministry of Agriculture and Food Industries Malaysia. The organization focuses on executing the National Biotechnology Policy 2.0, providing funding advisory, regulatory support, and various programs to nurture biotechnology companies. Its initiatives include the BioNexus Status program, which recognizes companies engaged in biotechnology, and the Bio-based Accelerator Programme (BBA) that supports startups in the bioeconomy. Bioeconomy Corporation also promotes foreign direct investment in the sector and hosts events to showcase innovations.

Focus

Bioeconomy Corporation invests in biotechnology and bio-based industries, providing essential services to support companies at various stages of development. Its initiatives include funding advisory and programs aimed at enhancing the bioeconomy in Malaysia, particularly for companies pursuing BioNexus status.

Support

Bioeconomy Corporation adds value to its portfolio companies by providing comprehensive support through funding advisory, regulatory and intellectual property guidance, and access to various programs designed to enhance their growth and development in the biotechnology sector.

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