Angel Tax Incentive
Never one to seek the limelight or brag about his achievements, he went about quietly doing great things for entrepreneurs.
It was not the dominant Digital Economy focused budget that some had hoped for, but there was still enough in the Malaysian Budget of 2018 to keep the nation on track towards becoming a winner in the increasingly digital world.
In a dynamic ecosystem, balance is required for sustainability and for a virtuous cycle to kick in.
Cradle CEO Nazrin Hassan shares his thoughts on the strengthening ecosystem in Malaysia, while wishing that more entrepreneurs had the burning desire to succeed.
The upcoming Malaysian Business Angels Network Summit 2015 will give a sense of how the angel investor movement is growing – or not – in Malaysia.
Malaysian Business Angel Network (MBAN) hopes that its members will make about RM10 million (US$2.6 million) worth of investments over the next 12 months, partly helped by the network’s collaboration with London Business Angels (LBA).
The Technopreneurs Association of Malaysia (TeAM) has proposed corporate and double tax deduction incentives, as well as other measures, that it believes would help fuel the startup and entrepreneurial ecosystem in the country.
Startup failure rates are high, and they’re supposed to be Propping up mediocre enterprises should not be the concern of govt
Cradle CIP Catalyst recipient Sync Media (M) Sdn Bhd has secured RM250,000 (US$78,840) funding from a local angel investor to develop its School Communication Platform, a mobile solution that aims to break down the barriers of communication between teachers and parents.
MBAN kicked off its activities with a 2-day learning session in April with interested Malaysian investors learning from international angel investors in India and the EU.