Boost for tech start-ups

Chow (centre) posing for a photo with some of the grant recipients during the Penang i4.0 seed fund recognition day at CAT in Wisma Yeap Chor Ee, Penang.

SIXTEEN local start-ups received US$1mil (RM4.1mil) under the state government’s Penang i4.0 Seed Fund to create awareness and increase participation in the Industry 4.0 revolution and digital economy.

Chief Minister Chow Kon Yeow said the i4.0 Seed Fund gave funding for qualified high potential early stage technology start-ups.