Yayasan Inovasi Malaysia as a leading agencies for the SI initiatives in Malaysia aims to create a vibrant SI ecosystem with detail key strategies, roles played by each agency, value chain product development up to commercialisation, product replication of innovation to specific communities, social innovator empowerment, and enhancing innovators towards competitive social enterprises. Various initiatives to encourage the development of social innovation have been carried out through the agencies under MOSTI.
- To develop a conducive Social Innovation ecosystem platform for technology and innovative solutions approaches addressing issues or challenges faced by Malaysians which bring a positive impact on the economy, social values and well-being of the citizens.
- To discover, develop and empower innovator’s talent across a range of grassroots communities, university and institution researches, as well as start-up companies and SMEs.
- To create synergies between the government and communities to be social agent who work together to enhance the country’s economy growth, society well-being and ensure environmental sustainability.
- To include the elements of improvement that increase the efficiency and effectiveness of a SI product