Sunday, June 26, 2011

INNOTECH: Pitching for RM10 Million Ringgits


It has always been the ultimate aim for any entrepreneur out there to sell their idea to potential investors or venture capitalist. (VC's) The objective here is to convince potential funders on the profitability of the idea in hand and to do this convincingly to not one, but in most cases to a board of directors who will be the decision makers in determining if the idea or start up is investable or not.

In my past 18 months in my entrepreneurship journey, never have I been given such a great task to prove myself in front of real VC's and to sell my idea to them. Thanks to MSC (Multimedia Super Corridor) and MDEC (Multimedia Development Center) of Malaysia, this year i was selected to participate in their bi-annual INNOTECH competition, which matches entrepreneurs with solid ideas with a list of VC's invited globally to identify, select and invest into potential money making businesses. This INNOTECH can be regarded as the highest level VC pitching in the country with the support of the government via their various agencies.

It will be an experience by itself, and I wish to share this journey with as many entrepreneurial minds as possible. To be given such a chance is perhaps once in a lifetime to most, including me and i am i all out to prove my worth and to at least clinch a fraction of the proposed sum :)

If you were wondering for which business am i pitching, you got to wait for my next postings. My pitch is scheduled for the following dates:

Date: 28th June 2011 (Tuesday)
Time: 9.45am

I will be joined by my HongKong partner who is flying down tomorrow. Intense hours begin at the struck of midnight, and i can assure you the level of excitement is increasing with every hour passing by.

Stay tuned for more update, will try to take as many photo's as well to give you a vision on how the stage is set for all entrepreneurs.

HJH