In a significant development, Cradle Fund Sdn Bhd can now invest for equity instead of just giving grants. Leveraging on VCs, it is targeting amounts of between US$150,000 and US$300,000. Its chief executive Nazrin Hassan explains why.
What happens when startups up-and-leave the country after getting their Series A or B funding, especially after getting their start via public funds?
Industry players generally welcome initiatives and goodies Gaps in making Malaysia preferred destination for entrepreneurs IN its proposed national budget for 2015, the Malaysian Government announced several incentives and measures that directly or indirectly would be of benefit to the ICT ecosystem, but some industry players believe that more could have been done to further grow the ecosystem.
Digital News Asia (DNA) continues a weekly series that profiles the top 50 influencers, movers and shakers who are helping shape Malaysia’s Digital Economy. These articles are from Digerati50, a special print publication released in January 2014. For information on customised reprints of Digerati50, email [email protected]
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.
After three iterations of its business model, Netizen Testing CEO Alvin Chai is confident his startup is on the right track. Karamjit Singh has the story.
In his last official interview as MDeC CEO, Badlisham Ghazali talks about building his people to exceed their abilities, as well as Digital Malaysia and MaGIC. Karamjit Singh has the story.
The 2013 Auditor General’s Report highlighted weaknesses in the management of activities at Cradle Fund Sdn Bhd, a funding agency under the Ministry of Finance. Following the findings of the report, the agency is making moves to clean up its internal processes, reports Gabey Goh.
Aims to be easy-to-use billing management system Eyes GLC clients, with mobile apps in the pipeline
After nursing the Malaysian Business Angels Network (MBAN) since its birth in December, 2012, Cradle Fund has passed on its responsibility to the private sector, as has always been the intention. DNA founder Karamjit Singh speaks to Cradle’s Nazrin Hassan and Richard Wong, the first president of MBAN.