<div id="dashboard-description"><img src="https://images.unsplash.com/photo-1591802266103-2816a8828a7e?ixlib=rb-4.0.3&amp;ixid=M3wxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHx8fA%3D%3D&amp;auto=format&amp;fit=crop&amp;w=1000&amp;q=80" alt="people walking on sidewalk during daytime">
 The George Town startup ecosystem, in the capital of Penang, Malaysia, has a strong educational foundation. Penang is home to four universities, over 20 colleges, and five industrial training institutes, fostering a skilled and diverse talent pool. With a multilingual population fluent in English, Chinese, Japanese, and Korean, George Town presents a captivating advantage for innovative startups. 
 The presence of more than 300 multinational companies in Penang, including renowned names like Intel, Bosch, HP, AMD, Clarion, and Renesas, contributes to a diverse and skilled talent pool. InvestPenang has set ambitious goals to attract 150,000 talented workers over five years, demonstrating a commitment to fostering a vibrant startup ecosystem. 
 The city is home to the third-largest airport in Malaysia, with an ongoing extension project that will accommodate 12 million passengers annually. Additionally, George Town is the first city in Asia to deploy Facebook’s Terragraph, enabling faster and more efficient gigabit connectivity deployment. 
 The public sector in Penang offers attractive incentives to startups. The <a href="https://investpenang.gov.my/penang-i4-0-seed-fund/">Penang i4.0 Seed Fund</a>, backed by the government, provides funding opportunities for early-stage technology companies. Programs like <a href="https://mdec.my/mtep">MTEP</a> aim to attract entrepreneurs and technology professionals to invest or work in Malaysia, stimulating the growth of the startup ecosystem. Initiatives such as <a href="https://smegodigital.mybizapp.my/">SME Go Digital</a> and the Startup Connect Gathering foster connections, knowledge sharing, and digital transformation among SMEs and MNCs. 
 <a href="https://digitalpenang.my/">Digital Penang</a>, in collaboration with Microsoft, is actively driving digital transformation through the Digital Transformation Master Plan. This plan aims to create a connected, creative, and competitive society by improving the digital skills of local startups and SMEs. 
 With its robust education system, a diverse talent pool, favorable infrastructure, and supportive public sector initiatives, the George Town startup ecosystem in Penang provides an attractive environment for startups and investors looking to thrive in the vibrant and dynamic business landscape of Malaysia. 
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![people walking on sidewalk during daytime](https://images.unsplash.com/photo-1591802266103-2816a8828a7e?ixlib=rb-4.0.3&ixid=M3wxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHx8fA%3D%3D&auto=format&fit=crop&w=1000&q=80)

 The George Town startup ecosystem, in the capital of Penang, Malaysia, has a strong educational foundation. Penang is home to four universities, over 20 colleges, and five industrial training institutes, fostering a skilled and diverse talent pool. With a multilingual population fluent in English, Chinese, Japanese, and Korean, George Town presents a captivating advantage for innovative startups. 

 The presence of more than 300 multinational companies in Penang, including renowned names like Intel, Bosch, HP, AMD, Clarion, and Renesas, contributes to a diverse and skilled talent pool. InvestPenang has set ambitious goals to attract 150,000 talented workers over five years, demonstrating a commitment to fostering a vibrant startup ecosystem. 

 The city is home to the third-largest airport in Malaysia, with an ongoing extension project that will accommodate 12 million passengers annually. Additionally, George Town is the first city in Asia to deploy Facebook's Terragraph, enabling faster and more efficient gigabit connectivity deployment. 

 The public sector in Penang offers attractive incentives to startups. The [Penang i4.0 Seed Fund](https://investpenang.gov.my/penang-i4-0-seed-fund/), backed by the government, provides funding opportunities for early-stage technology companies. Programs like [MTEP](https://mdec.my/mtep) aim to attract entrepreneurs and technology professionals to invest or work in Malaysia, stimulating the growth of the startup ecosystem. Initiatives such as [SME Go Digital](https://smegodigital.mybizapp.my/) and the Startup Connect Gathering foster connections, knowledge sharing, and digital transformation among SMEs and MNCs. 

 [Digital Penang](https://digitalpenang.my/), in collaboration with Microsoft, is actively driving digital transformation through the Digital Transformation Master Plan. This plan aims to create a connected, creative, and competitive society by improving the digital skills of local startups and SMEs. 

 With its robust education system, a diverse talent pool, favorable infrastructure, and supportive public sector initiatives, the George Town startup ecosystem in Penang provides an attractive environment for startups and investors looking to thrive in the vibrant and dynamic business landscape of Malaysia.

Regus - Penang, Menara Boustead

Regus - Penang, Gurney Paragon

Spaces- Penang, Spaces Beach Street

EasyParcel

TableApp

SiteGiant

Twilight Foundry Games

Mr. Bur

M Summit 

Home to 12% of Malaysia’s startups,
      George Town has a vibrant startup ecosystem that is ranked 336 in the world.

In 2025, the startup scene of George Town developed considerably and
       increased in the Global Ecosystem Index by 47 spots.

Explore George Town’s startup ecosystem which ranks 2nd in Malaysia and 336th globally. Discover startups, unicorns, and exits in George Town. Dive into Ecommerce & Retail, which is the best startup industry in George Town.

Startup Ecosystem of George Town | StartupBlink

Startups in George Town excel in Ecommerce & Retail, Edtech, and Energy & and Environment.
    There are some notable success stories contributing to the city’s growing Ecommerce & Retail
    industry. One of the most promising startups in George Town in 2025 is
    Twilight Foundry Games, EasyParcel, and Mr. Bur.

With a large variety of initiatives, George Town's startup ecosystem stands out from other cities in South East Asia. George Town offers a number of funding opportunities for entrepreneurs and startups.
  Below is a list of George Town's most prominent support initiatives:

Within George Town there is an increased attraction for entrepreneurs
  to set up their startups in industries such as Ecommerce & Retail, Edtech, Energy & Environment. These three industries represent about 37% of the startups
represented on the Startup Ecosystem Map of George Town. 

George Town is Malaysia's 2nd best startup
  ecosystem and is ranked 9th in South East Asia. With a population of 0.1M - 0.5M people,
   George Town is ranked 336th in the world. The city has some notable startup success stories
   including Twilight Foundry Games.

An inspiring ecosystem that is steadily due to its growing use of digital technologies, rapid urbanization and planned investments

WADAAG TECHNOLOGIES

Sostec

FGS Bill Tracker

Zaad

Wadaag Investment

A growing regional and global startup leader 

bitget.com

AscendEX

DeBank

Trip.com

Viki

A vibrant and strong startup hub attracting international recognition and investment

Cámara de Comercio de Bogotá

Founder Institute (FI) Bogota

RockStart Latam 

Calle 26 # 92-32

Carrera 7 #116-50

Carrera 19 # 100 - 45

Toastmasters Bogota

Picap

Autolab

Cubbo

Rappi

Addi

Bold

Carrera 12a #78-40

A leading regional startup hub owing its succes to the creative and innovative spirit of its people 

MiraKle Lab

VentureSquare

TIPS

Staion Neo

Sinsa

Gangnam Station

Seoul Business Agency

Contents First

Watcha

Lezhin Entertainment

OP.GG

SK Hynix

Bithumb

Fastfive Seocho 2

LocalStitch Yeongdeungpo

An innovative city with a global startup ecosystem

Nikkei

LIP. Yokohama (Life Innovation Platform Yokohama)

Project Ninja

THE BAYS

Nippon Life Nihonbashi Building

Metropolitan Plaza Building

Keio University, Hiyoshi Campus

RIKEN Yokohama Campus

YNU Yokohama National University

Locoguide

C Channel

note

PayPay

DM2C Studio

Timee

Regus - Tokyo, Kanda

OpenOffice - Tokyo, Nihonbashi Hakozaki (Open Office)

Regus - Tokyo, Ginza 3-Chome

One of the fastest growing ecosystems in Australia 

River City Labs

Buderim Meeting Rooms

The Boarding Office

INVEST Sunshine Coast

Delorean Project

Inform Ag

Coyo

NutWorks

Zitcha

Servatus

WOTSO

Inbox Workspace

A growing startup ecosystem owing to its workforce and industries.

Wings Accelerator

Centre for Energy and Power Electronics Research

The Hive (Pre-Accelerator) program for Women Entrepreneurs

Rose Innovation Hub

Queen’s University Rose Innovation Hub

Queen's University Smith School Of Business

Queen's Office of Partnerships and Innovation

Dunin-Deshpande Queen's Innovation Centre

Sparq Systems

FireRein

Green Graphite

IPG Photonics Canada

CMC Microsystems

Mosaic Manufacturing

Alon MedTech Ventures

Open Valley

Colab Square

Yokneam Municipality 

Startup Village Yokneam

Augmedics

ForSight Robotics

Rapid Medical

Chain Reaction

K2View

Pitch