The Futurise Centre will act as a pioneer in future innovation in Malaysia which will involve corporate players, higher learning institute, entrepreneurs working together and generating revenue amounting RM100 million in developing innovation initiatives effectively.
Dato Seri Najib Tun Razak, Prime Minister of Malaysia during the Launch of Cyberjaya as a Smart City on 31 May 2017
Futurise Centre was announced during the Launch of Cyberjaya as a Smart City on 31 May 2017. Positioned as a hub for corporations, universities and entrepreneurs to converge and develop future innovations, the centre will house research universities the likes of Multimedia University and Tsinghua University. Also to be housed in the Centre are innovation outfits such as Microsoft HoloLens and AI Lab, and United Nations Technology Innovation Lab (UNTIL). UNTIL will bring together UN personnel, academia, governments, start-up companies and established tech giants to develop innovative solutions for global challenges such as smart cities, sustainable tourism or ethical fashion.
To be the leader in the development of futuristic innovation ecosystem.
To develop an innovation ecosystem platform that stimulates and accelerates capacity building, innovation and commercialisation of future innovations.
An RM 100 Million geocentric, co-investment type of fund for MNCs, entrepreneurs, startups or SMEs aimed to support the creation and acceleration of innovation for development of smart city solutions; and open to both local and foreign companies. The fund will be channeled into two main initiatives: