The Malaysian Global Innovation and Creativity Centre (MaGIC) is having an open call to entrepreneurs to take part in its latest Global Accelerator Programme (GAP).
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Country manager Albert Chai said that this was due to higher demand for technology as well as digitisation adaptation.
Creative technology content is an industry that Penang is well-placed to tap into, considering the wealth of talent being produced here.
Penang Chief Minister said the Penang Institute, a think tank, is conducting a study on digital transformation and it is expected to be presented to the state government soon.
Penang will get the honour of being the host state for the event from Sept 13 to 16 next year at Setia SPICE Convention Centre in Relau.
SAM Engineering & Equipment (M) Bhd (SAMEE) is ramping up production at its facilities in Penang and Singapore this year to fulfil its RM3.1bil order book.
LEAD-frame manufacturer Amlex Holdings Bhd is looking at realigning its revenue sources by expanding its business in the automotive lighting segment. Amlex is moving to a new facility in Batu Kawan, Penang in June.