A.Balasubramaniam (Bala) is the Director/ Head of Scaleup Development, Digital Exports Division at Malaysia Digital Economy Corporation (MDEC), an agency under Ministry of Digital, focused on facilitating the success of Malaysia Digital (formerly known as MSC Malaysia), Digital Economy and the companies operating in it.
Bala has been instrumental in attracting foreign Venture Capitals to Malaysia since 2013, and working closely with Securities Commission in formulating policies and incentives for VCs. He has provided strategic inputs for Securities Commission to revise the incentives for the Venture Capital Industry under 2018 budget. He has been involved in facilitating RM1.5B fund raising for more than 200 Companies, since 2015.
Bala has extensive experience in guiding the organization with regards to policy and implementation matters pertaining to Incubation Development, Entrepreneur Development and Funding Development. He co-developed the mechanism for Technopreneur Pre-Seed Grant for ICT start-ups, which was successfully implemented by MDEC in 2007 with RM80million funding from the government.
Prior to MDEC, Bala has been with several other government organization such as Bank Industri Malaysia (now known as SME Bank), Malaysian Technology Development Corporation (MTDC) and Malaysian Technology Consultants (MTDC-SIRIM JV Co).
Among other notable contribution are the policies and inputs for the 8th Malaysia Plan, 9th Malaysia Plan, 10th Malaysia Plan, 11th Malaysia Plan and, currently the 12th Malaysia for the ICT Industry & Digital Economy.
Bala was the key driver in the establishment of the 1st IC Design Training Centre in Malaysia during his MTDC days. He was also part of the National Task Force for the establishment of the 1st Wafer Fabrication Facility in Malaysia during his tenure at Bank Industri.
Bala has also been an Entrepreneur developing process technology for the Semiconductor Industry in particular for IC Packaging sector. On this particular venture, he raised corporate venture funding amounting to RM3.0m in 1999.
Bala holds BEng (Hons) Electrical & Electronics Engineering and MSc. Manufacturing Engineering Management from the UK.