• Sunway University and South Korean universities to collaborate on entrepreneurial development.

• Sunway University signed a Memorandum of Understanding (MoU) with the Leading University for Start-Up Business Association (LUSBA).

• The MoU allows participating universities to tap into a two-way flow of resources such as joint-research in the field of entrepreneurship.

Following the launch of Sunway Innovation Labs (Sunway iLabs), Sunway University has signed a Memorandum of Understanding (MoU) with the Leading University for Start-Up Business Association (LUSBA) to work together and exchange insights on developing acceleration programmes and scientific research for the social and economic development of both Malaysia and South Korea.

LUSBA is a non-profit consultative group of 40 universities that supports and encourages students and entrepreneurs to start their own businesses through incubation and acceleration programmes.

With the MoU in place, participating universities can tap into a two-way flow of resources – joint-research in the field of entrepreneurship, consultation on the development of start-up ecosystems and participation in seminars as well as academic meetings.

Present at the MoU signing ceremony were Sunway University’s Vice-Chancellor Professor Graeme Wilkinson, LUSBA Chairman Kwang Geun Lee and professors from 31 universities across South Korea.

Sunway iLabs is a unique not-for-profit partnership involving Sunway University, Sunway Group and Sunway Ventures to bring together stakeholders across academia, industry players and government.

Through Sunway iLabs, Sunway University students can apply their talent and technical expertise to growth hack Sunway Group’s 12 business units through market-driven innovations.