KUALA LUMPUR: Ten companies from 17 finalists won RM500,000 each in grants in the “Superb Series 3” programme organised by Teraju, the government’s Bumiputera Agenda Steering Unit.
The winners were determined on the basis of the best disruptive technology idea with commercial potential.
Teraju chief executive officer Datuk Husni Salleh said disruptive technology was chosen as the focus in tandem with the Fourth Industrial Revolution.
It was also in line with the government’s aspirations for Transformasi Nasional 2050 (TN50), he added.
“Superb Series 3 is the third competition for this year. It has been an increasingly successful programme to not only encourage and promote Bumiputera entrepreneurship, but also uncover and develop viable, timely and profitable new business ideas.”
Teraju said the companies were selected after a thorough screening process, which involved business plan pitches to a panel of successful entrepreneurs in their respective fields.
Those short-listed were put through a “boot camp” to refine their business plans with input from mentoring entrepreneurs, it added.
The 17 finalists had ideas that ranged from a car-sharing application, a semi-automatic rubber tapping device for rubber agricultural technology in estates, the first composite liquefied petroleum gas cylinder and a pneumatic actuator portable analyser to guide maintenance teams in troubleshooting common problems of a pneumatic control valve.
Other viable ideas included a super-efficient LED lighting system, a Malaysian Sign Language interactive book with additional augmented reality technology for communication between deaf and normal people, the next generation technology of gas measurement analyser, a hands-free RetAno Anoscope to be used as a tool to facilitate surgery and a social media platform focusing on virtual-reality content.
There were also innovations in the form of a Malaysian-designed and manufactured sports rim for vehicles, and a “rotor retractor” for the maintenance of big and heavy electrical motors.
Others include a revolutionary fishing product, a new generation turbo charger, a rail lubricant system to minimise noise pollution generated by the Light Rail Transit, a smart control system for fire detector, security systems, smart controller (home appliances) and closed-circuit television camera, a new bio-secured shrimp farming technique that emphasises the prevention of diseases and an artificial intelligence drone that could detect pest and diseases in an oil palm estate.
“The overwhelming success of Superb has also enabled Teraju to form strategic partnerships with the private sector to introduce the scheme for selected business fields, such as the Superb Halal Chefpreneur Challenge 2017 for the culinary industry and the Superb Motonation for the automotive industry,” Husni said.