me and money

Post on 01-Jul-2015

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Funding and how to pitch for it

TRANSCRIPT

YOU

MONEY

………..

Where do I find… MONEY?

These guys?How about …

provided you know how…

Free Money

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 the activities 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?

GOOGLE FOR “PRESEED” OR “ICON GRANT”

http://www.mscmalaysia.my/topic/Pre-Seed+Fund

http://www.mscmalaysia.my/icon

2 steps …

Application Process

THE PAPER

THE PITCH

THE PAPERK.I.S.S - Keep it simple, stupid…

An IdeaFirst you need…

Not for MDEC…Unless you are Elvis who can Rap…

PROBLEM & SOLUTIONA good idea consists of a …

SolutionBy itself doesn’t‘ mean much…

ProblemUnless it solves a…

PRODUCTPackaged into a…

DemandAnd you have to prove that there is…

The Recipe

Problem Solution Product Demand

THE PITCH10 minutes to prove your worth…

SIMPLER BECAUSE IF NOT…It’s like the Paper but…

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

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

2 ways to tell a story…“my idea is to build great accounting software”

It’s not Logical, it’s Emotional …Simple message - Borat is a stupid but funny guy.

THAMKENGYEW@GMAIL.COMwww.kengyew.com

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