The document is an invitation to attend a Commercialisation Lab hosted by AIM, a Malaysian government agency, to facilitate the commercialization of 43 innovations. The 3-day lab will involve presentations about the innovations to interested businesses. Those interested can then commit to further stages to license the innovations with support from AIM to overcome challenges in bringing the products to market. Attendees are encouraged to find new opportunities to grow their businesses and generate revenue through commercializing the innovations.
1. 30 May 2011
Dear Sir/Madam,
Re. INVITATION TO COMMERCIALISATION LAB
The business environment is getting tougher and globalisation means that if your
customers are not satisfied they can easily go to China, Vietnam, Europe or the USA
to find products and services to fulfil their needs. Malaysian businesses now need to
fight and work harder just to survive and keep pace with the rapidly changing world.
To be successful and stay one step ahead of the competition, companies need to be
willing to adapt, push boundaries and explore new ways of fulfilling their customers’
needs; they need to innovate. Innovation can create new wealth for businesses
through revenue generation and cost savings; innovation is the defining factor
between being an industry leader, and being part of the chasing pack.
AIM (Agensi Inovasi Malaysia), a statutory body managed by the PMO (Prime
Minister’s Office), has been mandated with two key tasks, namely to facilitate wealth
creation through innovation, and to boost the innovation eco-system. To facilitate
wealth creation AIM wants to introduce innovations to Malaysian businesses to assist
them to grow. AIM has identified 43 innovations that solve problems and fufill the
needs faced by companies and their customers today.
Each of the 43 innovations clearly address and relieve “pain points” that are felt by
the relevant markets. Offering these innovations to the market would provide
companies with a clear advantage over their competitors and allow them to
differentiate themselves from other industry players.
AIM is seeking interested parties who are keen to grow their business, generate new
revenue and become industry leaders to commercialise the 45 innovations. We
would like to offer you the opportunity to supply new products and services to your
customers; products and services that will offer potential profits for you, and deliver
benefits for your customers.
To facilitate the process and enhance the success rate AIM is conducting a
Commercialisation Lab for the 43 innovations. During the Commercialisation Lab the
owners of the innovations and the interested parties will:
1. Learn more about the innovations
2. Build a business case for the innovations
3. Discuss and agree licensing/purchase terms for the innovations
4. Develop a detailed roadmap that specifies the steps that need to be taken,
and the milestones that need to be achieved to bring the innovation to the
market
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2. The first stage of the Lab, Introduction to the Innovations, will be a 3-day process that
will consist of presentations by the innovation owners and display booths where you
can touch, feel and hold the innovations as well as discuss them with the owners.
Please view the attached agenda for further details on Stage 1 of the Lab.
Following Stage 1 of the Lab, interested parties will be asked to identify which
innovations they are interested in commercialising and to commit to Stages 2-4 of the
Lab which will take place over a duration of four consecutive working weeks. In
return for their commitment interested parties will be given access to regulators;
financers such as banks, VCs, and Angel Investors; potential customers; lawyers;
government; and the innovation owners. The purpose of the Lab is to rapidly and
effectively overcome all of the hinderances and difficulties that the interested parties
will face when commercialising the innovations and allow them to exploit the full
potential of the innovations.
We encourage you to take this opportunity to attend Stage 1 of the
Commercialisation Lab and look for new products or services that will give you an
advantage over your competitors and generate new revenue. Some information on
each of the 45 innovations can be found at www.comlab.inovasimalaysia.com.
We look forward to meeting you at the Commercialisation Lab.
Yours sincerely,
Dato’ Dr. Kamal Jit Singh
CEO
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3. Location
Sunway Resort Hotel & Spa,
Persiaran Lagoon,
Bandar Sunway,
46150 Petaling Jaya,
Selangor
A map to Sunway Resort Hotel & Spa can be found at:
http://kualalumpur.sunwayhotels.com/contactus/default.aspx
Date Time
Monday 6 June 2011 8:30 AM – 6:00 PM
Tuesday 7 June 2011 8:30 AM – 6:00 PM
Wednesday 8 June 2011 8:30 AM – 4:30 PM
Registration opens at 8:30 AM and the presentations begin at 9:00 AM. For a
detailed schedule please refer to the attached agenda.
Lunch along with tea and coffee breaks will be catered for. Please inform us of any
special dietry needs at least 72 hours before the event.
Please confirm your attendance by either:
Faxing this response form to +603 8319 3499;
Or emailing your confirmation to hiong@pmo.gov.my
Name:
Company/Organisation:
Email address:
Telephone Number:
Morning Session Afternoon Session
Monday 6 June 2011 Attending/Not Attending Attending/Not Attending
Tuesday 7 June 2011 Attending/Not Attending Attending/Not Attending
Wednesday 8 June 2011 Attending/Not Attending Attending/Not Attending
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4. COMMERCIALISATION LAB STAGE 1 INTRODUCTION TO THE INNOVATIONS
Agenda for Day 1: 6 June 2011, Monday
Time Projects By
9:00 AM Introduction AIM
Agro-Bio or Food
New Chilli Varieties for Improved Productivity and Greater Consumer Choice
9:10 AM UKM
(ABUK001)
Natural red-purple colourant for food, drink, cosmetics, and other
9:40 AM UPM
applications (ABUP002)
An efficient system to remove mercury to improve safety of fish and fish
10:10 AM UPM
products (ABUP003)
10:40 AM Rapid and sensitive Halal testing kit (ABUP004) UPM
Rapid and cost-effective bioassay for pesticide residue in vegetables
11:10 AM UPM
(ABUP005)
11:40 AM KardioMate - a healthy salt replacing seaweed additive (ABUP006) UPM
12:10 PM Cosmetics with active ingredients from natural sources (ABSI008) SIRIM
- Lunch Break (12:40 to 2:00 PM) -
Agro-Bio or Food
2:00 PM Chemical Engineering Pilot Plant (CEPP): Well being products (ABSI009) UTM
Medical Devices or Bio-Medical
A diagnostic test for Clostridium difficile-associated diarrhea (CDAD)
2:30 PM UKM
(MDUK001)
3:00 PM Pelvic Binder ready to be used in hospitals across Malaysia (MDUK002) UKM
Emergency Resuscitation Room – practical solution to increasing amounts
3:30 PM UKM
of equipment (MDUK003)
New Formulation of Natural Repellent to combat Mosquitoes and other
4:00 PM UKM
insects (MDUK004)
Simulation and training tool for laryngotracheal surgical procedures
4:30 PM UM
(MDUM005)
5:00 PM Simulation and training tool for otology diagnosis and treatment (MDUM006) UM
5:30 PM ATDM for testing, coating and cleaning purposes (MDUM007) UM
- End of Day 1 (6:00 PM) -
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5. Agenda for Day 2: 7 June 2011, Tuesday
Time Projects By
9:00 AM Introduction AIM
Medical Devices or Bio-Medical
All-in-one assay for detecting S. aureus and predicting its drug resistance
9:10 AM UM
(MDUM008)
Rapid MyDENKit(TM) for the diagnosis of the killer dengue disease
9:40 AM UM
(MDUM009)
Real Time PCR kit for the detection of S. pneumonia and prediction of its
10:10 AM UM
drug resistance to fluoroquinolones (MDUM010)
Real Time PCR kit for rapid detection and quantification of CMV
10:40 AM UM
(MDUM011)
11:10 AM A rapid molecular test to diagnose Melioidosis (MDUM012) UM
11:40 AM A rapid and cost-effective Candida test (MDUP013) UPM
12:10 PM Healex(TM) – a natural wound healing plant extract (MDUP014) UPM
- Lunch Break (12:40 to 2:00 PM) -
Medical Devices or Bio-Medical
2:00 PM Low-cost PCR diagnostics for emerging economies (MDUS015) USM
2:30 PM A saliva-based testing method to detect insecticide poisoning (MDIM016) IMR
An enzyme-based testing method to detect insecticide resistance
3:00 PM IMR
(MDIM017)
3:30 PM Halal Certified Artificial Bone Technologies (MDSI019) SIRIM
ICT
Fast and easy to use, child reading test that detects reading and learning
4:00 PM UKM
difficulties (ICUK001)
Measuring efficiency and quality of care in Malaysian hospitals
4:30 PM UKM
(ICUK003)
Highly secure, standalone, software using steganography and
5:00 PM UM
cryptography (ICUM004)
Software for Passive Distributed Network and Security Monitoring
5:30 PM USM
(ICUS005)
6:00 PM Stress Profiling and Treatment for Teachers (ICUT006) UTM
- End of Day 2 (6:30 PM) -
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6. Agenda for Day 3: 8 June 2011, Wednesday
Time Projects By
9:00 AM Introduction AIM
Others (Industrial & Green Tech)
BioSENS technology for on-site detection of formaldehyde in food and
9:10 AM UKM
other applications (OTUK001)
Low cost method for synthesizing wax ester from palm oil derivatives
9:40 AM UKM
(OTUK002)
10:10 AM A portable, intelligent power quality analyzer (OTUK003) UKM
Composite enzyme-based Xenoassay Kits for detecting environmental
10:40 AM UPM
toxicants (OTUP004)
11:10 AM High rate in-vessel composter (OTUP005) UPM
11:40 AM 4-in-1 drilling mud additive (OTUS007) USM
High Sensitivity, Low Cost Product to Measure Crack Movement in
12:10 PM USM
Concrete Structures (OTUS008)
- Lunch Break (12:40 to 2:00 PM) -
Others (Industrial & Green Tech)
2:00 PM Low Cost solution for treating heavy metals in Wastewater (OTUS009) USM
2:30 PM Extra safe, stylish motorcycle lock (OTUS010) USM
3:00 PM 8-Axis Tool Cutting and Grinding Machine (OTSI012) SIRIM
SIRIM
3:30 PM Palm waste processing for bioethanol production (OTSI013)
4:00 PM Fast Track Wall System for affordable home (OTUT014) UTM
- The End (4:30 PM) -
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