As Malaysia's startup ecosystem is gaining momentum, its startup ecosystem has struggled to attract funding due to a lack of traditional sources, such as banks and venture capitalists. 

This is where MBAN Sarawak comes in, providing early-stage startups with access to angel investors who are willing to invest in exchange for equity in the company.

MBAN Sarawak is a vital resource for startups to access expertise and a more extensive network of resources. Through its partnerships with other organisations and industry experts, startups can access market research, legal advice, and mentorship. This support helps startups navigate the business landscape and overcome obstacles.

Apart from funding, MBAN Sarawak offers a variety of resources and expertise to startups, such as training, coaching, mentorship, and access to market research and legal advice. By leveraging its network of investors and mentors, MBAN Sarawak empowers startups to take their ideas to the next level.

The MBAN Sarawak network has some exciting plans in store for 2023, including the "Deep Dive Corporate Series," the "Deep Dive Angel Series," "Coffee and Conversation," and many more.

The "Deep Dive Corporate Series" will focus on corporate innovation, providing startups with insights on how to work with corporates and develop strategic partnerships. The "Deep Dive Angel Series" will educate investors on the best practices for investing in startups and offer opportunities to meet with early-stage companies.

The MBAN Sarawak Chapter's first pro tem committee meeting took place on April 6, 2023. The committee comprises corporate figures from different industries, with the Sarawak Digital Economy Corporation (SDEC) acting as the secretariat. The pro tem committee is led by Dato Patrick Liew as Chairman, Janang Bungsu as vice-Chairman, Hazwan Razak as Secretary, and Anne Kung as Treasurer. Other members include Ehon Chan, David Chew, James Hunt, Chia Kah Peng, Melvin Liew, James Graham, John Law, and Amirul Annuar.

The launch of MBAN Sarawak was first announced by SDEC Chief Executive Officer Sudarnoto Osman during the Memorandum of Understanding (MoU) exchange between SDEC and MBAN during MBAN Summit 2022 in Kuala Lumpur. 

The committee is committed to fostering an ecosystem that promotes the growth of startups and supports entrepreneurs in Sarawak. The MBAN Sarawak network will leverage the committee's expertise to provide startups access to diverse resources and opportunities to help them succeed.

The committee is committed to fostering an ecosystem that promotes the growth of startups and supports entrepreneurs in Sarawak. The MBAN Sarawak network will leverage the committee's expertise to provide startups access to diverse resources and opportunities to help them succeed.

With the support of the Sarawak government, the private sector, and the MBAN Sarawak network, the startup ecosystem in Sarawak is poised for growth and success. MBAN Sarawak's efforts to support and nurture startups in the region will undoubtedly contribute to developing a vibrant and sustainable startup ecosystem in Sarawak.

In the past, MBAN has been focused on individual investors, but over the recent years, it has been actively building an infrastructure for corporate investment into early-stage technology-eccentric companies.