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Yayasan Inovasi Malaysia (YIM), or the Malaysian Foundation for Innovation, was established in October 2008 and was approved by the Malaysian Cabinet on 7-November 2008. The vision of YIM is to promote and inculcate creativity and innovation among Malaysian citizens, especially targeting children and youth, women, rural folk, people with disabilities and non-government organizations.

With close support from the Ministry of Science, Technology & Innovation (MOSTI), YIM was established by the Government to promote and champion innovation, and by doing so, to mobilize Malaysians to embrace and practice Creativity and Innovation. Innovation is the engine that will propel us to that future. And it will happen in all segments of our society, in our schools and colleges, from even the grassroot level, in our businesses and industries.