Cradle Fund Sdn Bhd has signed up another five partners for its Co-Investment Partners programme, doubling the total combined funding under the programme to about RM56.7 million (approximately US$16 million) from RM28 million.
Some of the biggest names in the South-East Asian startup scene will convene in Kuala Lumpur from March 20-21 at the ‘Cradle Buzz’ programme to highlight, analyse and discuss entrepreneurship concerns in the region.
Entrepreneurs should go out to raise funds in the next six months as the window may soon close, with increasing signs of a possible global economic slowdown in the near-term.
The final DNA-TeAM Disrupt session of the year will be held on Dec 17 at the MaGIC office in Cyberjaya, with the topic of discussion being ‘The Highs and Lows of 2014.’ What are your personal picks?
The Coach and Grow Programme (CGP), a technopreneur training programme targeting pre-seed, growth stage and global companies, has received the go-ahead for its third instalment (CGP3) with a further US$1.2-million allocation.
Malaysian entrepreneurs are a happy bunch this week with two new funding channels opening up for them. But with the country also looking to attract talent from overseas to launch their ideas from Malaysia, DNA founder Karamjit Singh wonders if the Government should be more practical here.
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?
Some startup and entrepreneur incentives in Budget 2015 only apply to MaGIC Good first step, but more must be done to attract global entrepreneurs: Pundits
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.