Me And Money

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Funding and how to pitch for it

Funding and how to pitch for it

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  • socialwalk
  • Packaging – saas? Installed software?Business model?Payment?

Transcript

  • 1. YOU
    ………..
    MONEY
  • 2. Where do I find…
    MONEY?
  • 3. These guys?
    How about …
  • 4. provided you know how…
    Free Money
  • 5. I know you have questions…
    What is conditional funding? Is it a loan that has to be repaid?
     What is the quantum of funds?
    What are theactivities that can be funded?
    What is the duration for development?
    Who is eligible? Can companies (MSC Malaysia status and Non-MSC Malaysia status) apply?
    Can foreigners or PRs apply?
    Can development be carried out in another country? (Including Malaysians living or working overseas)
    Will MDeC take any equity share of the company incorporated or the IP created?
    Who owns the assets/software/hardware procured under the project?
  • 6. Google for “preseed” or “ICON GRANT”
    http://www.mscmalaysia.my/topic/Pre-Seed+Fund
    http://www.mscmalaysia.my/icon
  • 7. 2 steps …
    Application Process
    THE Paper
    THE Pitch
  • 8. THE Paper
    K.I.S.S - Keep it simple, stupid…
  • 9. An Idea
    First you need…
  • 10. Not for MDEC…
    Unless you are Elvis who can Rap…
  • 11. Problem & Solution
    A good idea consists of a …
  • 12. Solution
    By itself doesn’t‘ mean much…
  • 13. Problem
    Unless it solves a…
  • 14. PRODUCT
    Packaged into a…
  • 15. Demand
    And you have to prove that there is…
  • 16. The Recipe
    Problem
    Solution
    Product
    Demand
  • 17. The Pitch
    10 minutes to prove your worth…
  • 18. simpleR because if not…
    It’s like the Paper but…
  • 19. Scenario 1: You gave him a headache…
    On our social network you can create events, create jobs, create groups, add friends, add pets, slay monsters
  • 20. Scenario 2: You put her to sleep…
    On our social network you can create events, create jobs, create groups, add friends, add pets, slay monsters
  • 21. 2 ways to tell a story…
    “my idea is to build great accounting software”
  • 22. It’s not Logical, it’s Emotional…
    Simple message - Borat is a stupid but funny guy.
  • 23. thamkengyew@gmail.com
    www.kengyew.com