me and money
DESCRIPTION
Funding and how to pitch for itTRANSCRIPT
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.
