Accelerating Youth Innovation & Entrepreneurship
Transforming Ideas into Investment-Ready Ventures
The Sarawak Innovation Challenge 2026 is a strategic imperative designed to accelerate youth innovation and entrepreneurship across Sarawak, directly supporting the Ministry of Youth, Sports and Entrepreneur Development's core mandate. Drawing inspiration from world-class models like the MIT 100K and Lee Kuan Yew Global Business Plan Competition, this initiative establishes a rigorous three-phase structure—Pitch, Accelerate, and Launch—to transform high-potential ideas into investment-ready ventures. Focused on three strategic pillars aligned with PCDS 2030—Digital and Connectivity, Green Economy and Sustainability, and Rural Transformation and Food Security—the Challenge engages over 500 Sarawakian youth while providing world-class mentorship from GLCs and international partners. With a substantial RM 500,000 Grand Prize and clear KPIs projecting 5-10 new startups and 50-100 high-value jobs within two years, this platform positions MYSED at the forefront of Sarawak's economic transformation, translating the Premier's vision into concrete, measurable outcomes that create a lasting legacy of entrepreneurship and innovation.
A strategic imperative to accelerate youth innovation and entrepreneurship, translating the Premier's vision into concrete economic outcomes.
Asia's premier deep-tech challenge accelerating youth entrepreneurship and venture creation aligned with Sarawak's PCDS 2030 vision.
Digital & Connectivity, Green Economy & Sustainability, Rural Transformation & Food Security - focusing innovation on Sarawak's critical needs.
Pitch, Accelerate, Launch - a world-class structure inspired by MIT 100K and LKYGBPC for venture maturation and investment readiness.
Talent pipeline identification and skill acceleration through mentorship with GLCs and international partners, creating Sarawak's next generation of innovators.
5-10 investment-ready startups, 50-100 high-value jobs within two years, and RM 500,000 Grand Prize for economic diversification.