Support System for Entrepreneurial and Small and Medium Ventures in ICT Sector: Case of the Technopreneurship Development Program (TDP) Flagship of Malaysia’s Multimedia Super Corridor (MSC) Project - Technopolis: Best Practices for Science and Technology Cities - page 252

• Technology Focus
The Incubator must house tenants that are involved in ICT/Multimedia (e.g.
software, e-commerce, telecom), biotechnology and/or bioinformatics.
• Tenancy
The Incubator must house early stage growth companies (i.e. seed-level or start-
up companies, see definition below) involved in the above defined technology
focus areas.

Definition of early stage growth companies
Seed-level
companies

Entities that have been incorporated within the past two years, and have ideas
or concepts that require funds for proof of concept

Start-up
companies

Entities that may be in the process of setting up or have been in business for
no more than two years and require first round funding capital for
commercialization. These companies may not be generating profits yet

• Facilities
The Incubator must offer at least the following basic facilities:

1. Internet access at a prescribed minimum bandwidth
2. Shared facilities (e.g. meeting rooms, reception, audio-visual systems)
3. Business advisory support (in-house or outsourced)
4. Some prescribed Minimum floor space

• Funding and Fundraising
Applicants must demonstrate the ability to provide direct investment capital or
establish channels for financing seed or growth capital.
• Mentoring, Coaching and Training
Applicants must demonstrate availability of resources in providing mentoring,
coaching and training through staffing of incubatee with expert in various rel-
evant business acumen and linkage to experienced and well endowed industry
players
Note: Incubators that are awarded MSC-Status automatically become members
of the National Incubator Network. All newly formed incubators must register
with the Registrar Of Companies within a month of obtaining MSC-Status.

References

Jacobs, D., & De Man, A. P. (1996). Clusters, Industrial Policy and Firm Strategy: A Menu
Approach. Technology Anaylsis and StrategicManagement, 8(4), 425-437.
Mohan, Avvari V., Aziz K., & Omar, A. (2004) ICT clusters as a way to materialize a national
system of innovation: Malaysia's multimedia super corridor flagships. Electronic Journal of
Information Systems for Developing Countries (EJISDC), Vol. 16, January, HK.
OECD. (1997). The knowledge-based economy, in national innovation systems. Paris: OECD.
Omar A. A., & Mohan, A. V., (2008). Policy-Driven Collaborative Arrangements and

Competency Development—A Preliminary Survey of Organisations Participating in