Incube8 is positioning itself like no other shared workspace in the country, thanks to the mentoring, coaching and angel investing that come along with the standard services, says its founder Harald Weinbrecht.
Election talk has been the dominant theme for the week, given that Malaysian Prime Minister Najib Razak has dubbed this the 'first social media election, in the country, but for the tech ecosystem, the big news has to be the official launch of the Angel Tax Incentive by Cradle, writes Karamjit Singh.
Founder Institute KL co-director and mentor Chu Tzu Ming offers some tips on how to navigate the murky and dangerous Malaysian waters of investor interest and negotiations.
Malaysia's national ICT association Pikom has unveiled a five-strategic direction which ultimately aims to create world-class Malaysian players and projects that annual industry revenue based on transactions will hit US$31 billion by 2017.
Geob International Sdn Bhd has launched a crowd-funding drive to bring to market the first batch of its HypoBand medical alert device for diabetes patients.
Cradle Fund Sdn Bhd, an agency under the Ministry of Finance, has launched the Malaysian Business Angel Network (MBAN), which will educate, train and accredit angel investors.
HK-based start-up helps online merchants track packages, notify customers with delivery updates.
VCs should not be looking at the existing team and saying it is not good enough to execute the idea, so they will not invest. The point of the investment is to hire the rest of the team, to create an ‘A team’ that can go on to build a great company, writes Dr V. Sivapalan.
Start-up Soft Space got RM2 million to kick off operations from media executive-turned-angel investor Datuk Vincent Lee in a very unusual way. Karamjit Singh has the story.
There was no specific funding support for the ICT sector in the 2013 Budget proposed by Malaysian Prime Minister Datuk Seri Najib Tun Razak, aside from the RM150 million (US$48.8 million) allocated to create 100 internet centers with high speed broadband for Malaysians to access. The funding will come via industry regulator the Malaysian Communications and Multimedia Commission or MCMC