CAPITAL RAISING
- VENTURE CAPITAL
Venture capital is the capital or money invested for business ventures by investors who are not the original owners of the company. This venture capital term is also sometimes used for the capital used to save a company from a bankruptcy or loss. According to A S Hornby defines venture capital as a business capital, that is money invested in new business, especially at risk. Venture capital is described as capital contributed by investors or individuals to small enterprises or initial firms with new concepts and promising prospects. New private companies can not raise funds from the public, and can go for venture capital. Such funding may involve high levels of risk and its organizers are young & qualified entrepreneurs. They need capital assistance to form their ideas. Investments are made to a large number of companies. Investment level for venture capital is an early stage.
- Malaysia Venture Capital Management Berhad (mavcap)
The company was established in 2001 on the Malaysian government’s policy to accelerate the technology ecosystem and provide funding to the unbankable market, Malaysia Venture Capital Management Berhad (MAVCAP) has since evolved and transformed its operations to ensure continuous development and value creation of the Venture Capital (VC) ecosystem in Malaysia. Here how to apply for venture capital in MAVCAP:
- Submit the business proposal which contains company name, company websites, primary contact information, short summary of the company, which sectors of the company and provide the company business plan on the MAVCAP website. Then, MAVCAP will shortlist the candidates and will be notified via email or phone.
– Gobi Partners
Gobi Partners is a regional early stage to late-stage venture capital firm focusing on Tech-related investments. Gobi Partners was first established over 15 years ago to focus on home-grown innovation that was emerging from IT, TMT convergence, and the digital media revolution in China. In these 15 years, not only has the entire venture capital ecosystem made great strides forward, but we have also grown to be one of the leading early stage investors in IT in China. Additionally, we are the first Chinese venture capital firm to expand into the ASEAN region. Gobi has raised 13 funds to date, and has grown to ten offices across Bangkok, Beijing, Ho Chi Minh City, Hong Kong, Jakarta, Kuala Lumpur, Manila, Shanghai, Singapore and Tokyo. We maintain our investment focus on early stage IT and digital media companies in China and Southeast Asia. As a pioneer in this field, we believe that the key to success is a consistent investment philosophy: focusing on core competencies and staying ahead of the curve.
- Modal Pedana
Modal Perdana is wholly owned by the Ministry of Finance (MoF) and under the purview of Ministry of Science, Technology & Innovation (MOSTI), we are a technology VC that combs the country for that special breed of entrepreneurs who have exceptional ideas, market disrupters and solving pain-points. Their objective is investing in high-impact deep technology companies via influential minority positions with a view of delivering optimal return to stakeholders. Their funding quantum is up to RM15mil per investment. The eligibility criteria are in the Electronics & Electrical / Renewable Energy Sector and Technologically disruptive / able to improve efficiency in the market. If the company meets the above criteria, they can apply for the venture capital on Modal Perdana website.
- Captii Ventures
Captii Ventures invests in technology and innovation. We are a multi-stage investor in Southeast Asian businesses. Captii Ventures invests in three things, marketplaces, media and enterprise. There are 4 steps investment process to apply venture capital of Captii Ventures which pitch, review, negotiation and contracts. First step which is pitch happens when Captii Ventures meet the founding team to understand them and their business. Next, review is usually done 3 weeks from pitch date. We will be spending time to validate your business model and product. Negotiation process is within 4 weeks. Captii Ventures usually progresses to talking about the term sheet and investment structuring. Lastly, contracts process between weeks 5 and 8, Captii Ventures work on contract drafting and complete due diligence.
- Sun Sea Capital
Sun SEA Capital is the Corporate Venture Capital (CVC) arm of Sunway Group, we look into startups that can bring synergistic value and digital transformation to Sunway Group and its line of businesses. The investment stage is from Seed stage to Series B. Their focus on sectors are in FinTech, HealthTech, EdTech, E-Commerce and New Retail. They look at startups from Malaysia, Singapore, Indonesia, Thailand, Vietnam, Philippines (Southeast Asia) and Hong Kong, Taiwan, China, Korea, Japan (Northeast Asia). They highly prefer startups that are looking to go regional rather than just being present in a single country only. The company can apply for a venture by providing the details of the company at Sun Sea Capital website.
- NEXEA
The NEXEA Early Stage Venture Capital (VC) Program is for technology startups that have revenue and are ready to grow further. The application requirement of NEXEA Early Stage Venture Capital (VC) Program is;
- Your Startup should be solving a problem pain enough that people want to pay to solve it
- Your Solution should be 10X better (figuratively) than the current best solution in the market to allow for disruption
- Your Startup should have the potential to scale to more than 100M in Revenues minimum in a span of 5 to 10 years
- Your Startup should be able to produce and maintain a healthy gross profit in the long term
- 500 Startups
Global venture capital firm on a mission to discover and back the world’s most talented entrepreneurs, help them create successful companies at scale and build thriving global ecosystems. If the company apply venture capital with 500 Startups, they can get the benefits such as;
1) Exclusive Community
2) In-Depth Expertise
3) Dedicated Support
4) World-Class Partners
- Intres Capital
http://www.intrescapital.com/index.html
Intres Capital is dedicated to nurturing innovative, world-leading companies. Building businesses of lasting value is our ultimate aim, and we have the people and the skills to make it a reality.
- RHL Ventures
As investors, they are looking to be long-term capital and strategic partners for businesses we invest in. As fund managers, we are on the constant look out for outsized investment returns. They typically invest in early stages companies (series a/b fundraises). They invest across different sectors.
- TBV Capital
TBV Capital is an early partner. They are comfortable with the rough imperfection of a new venture. They help founders from day zero, when the DNA of their business first takes shape. Their team partners both with young companies finding their stride and established ones looking for step-function growth. They help organizations become enduring businesses.
- Malaysian Technology Development Corporation (MTDC)
Invest level: invests in developing companies as well as late stage.
Focus on life sciences/ biotechnology, advanced materials, advanced manufacturing and nanotechnology sectors.
In 2006, the Malaysian Life Sciences Capital Fund (MLSCF) was established, specialising in early stage investments in agriculture, industrial and healthcare biotechnology.
Eligibility Criteria for Business Start-up Fund (BSF)
Basic eligibility:
- The company is incorporated under the Companies Act 2016;
- Technology based start-up businesses with a minimum of 70% Malaysian ownership
Funding Quantum:
- Maximum of of up to RM5.0 million or 90% of the total project cost, whichever is lower.
Funding Period:
- 6.5 years, inclusive of 18 months payment-free period and 5 years repayment period
Funding Instrument:
- Flexible funding via Convertible Promissory Notes (CPN) at 3.5% interest with an option to convert to Redeemable Convertible Preference Shares (RCPS).
Processing Fee:
- There is a processing fee of RM3,500 payable to Malaysian Technology Development Corporation Sdn Bhd per application and submitted together with the required documents.
Eligibility Criteria for Business Growth Fund (BGF)
Basic Eligibility:
- The company is incorporated under the Companies Act 2016;
- Technology-based company with a minimum of 75% Malaysian ownership;
- The company has exceeded RM1.5m in revenue and not in a loss position.
Funding Quantum:
- Maximum of up to RM10.0 million
Funding Period:
- 5 years
Funding Instrument:
- Equity funding via Redeemable Convertible Preference Shares (RCPS)
Processing fee:
- RM5,000 payable to Malaysian Technology Development Corporation Sdn Bhd per application and submitted together with the required documents.
- Netrove
Netrove manages venture capital funds that invest mostly in businesses in start-up, angel and growth stages.
Benchmark criteria used by us to appraise a business and its founding or managing entrepreneurs:
- Good and experienced management with a strong passion and commitment to the business vision/mission, credible track record and good integrity
- Products/Services in demand or that are innovative and/or inventive – a distinct market opportunity
- Market scale & business scalability that is regional
- Sound go-to-market strategy in fast growing segments and execution plan
- Good business model and value proposition
- Clear exit options and avenues
- OSK Ventures International Berhad
Focus
- consumer retail
- Education
- enterprise
- financial services technology sectors.
CROWDFUNDING
Malaysia was the first ASEAN country to create a framework aimed at facilitating crowdfunding, with the objective of allowing SMEs to raise early-stage financing. As part of the Securities Commission Malaysia (SC)’s efforts to nurture and facilitate market-based innovation in Financial Technology (FinTech), the regulatory framework for Equity Crowdfunding (ECF) was introduced in February 2015. As of December 2020, ten (10) ECF operators had registered with the SC. Since then, a total of RM199.23 million capital was raised through 159 successful campaigns by 150 issuers.
Equity Crowdfunding (ECF) is an innovative form of alternative fundraising that allows small businesses to raise capital from the public using online platforms registered by the Securities Commission Malaysia (SC). ECF allows these small businesses to offer equity in their companies to investors, who in turn invest in ideas they see potential in. With ECF, investors have the opportunity to diversify their investments beyond the traditional asset classes.
Ata Plus Sdn. Bhd.
Being one of Malaysia’s first Online Equity Crowdfunding platforms, we are proud proponents for democratisation of wealth and financial inclusion in the ‘new economy’. We believe that matching capital with exciting businesses has far reaching productive social and economic outcomes.
Under the Securities Commission Guidelines on ECF, only locally incorporated private limited companies (excluding exempt private companies) , unlisted public limited companies, limited liability partnerships and microfunds registered with the Securities Commission as a venture capital company are allowed to be hosted on ECF platforms.
Prior to the Securities Commission’s regulation on ECF, advertising and selling private limited company shares to the public was illegal. Working with a registered recognised market operator like Ata Plus, allows you to do just that, i.e. legitimately raise funds from the public.
Crowdo Malaysia Sdn. Bhd.
Crowdo is a regional fintech company offering a full portfolio of alternative financing solutions across peer-to-business lending and securities / equity crowdfunding. Launched in 2013, Crowdo is one of the region’s largest and fastest growing platforms with over 38,000 members, 3500+ projects, and market presence in Singapore, Indonesia and Malaysia. Crowdo is registered with the Securities Commission of Malaysia, and the Financial Services Authority of Indonesia.
Eureeca is the first global equity crowdfunding platform. It enables members of its investor network, who range from casual and angel investors to institutional firms, to buy shares in growth-oriented businesses, while providing operational businesses with crucial access to capital.
Eureeca SEA Sdn. Bhd.
Launched in 2013, Eureeca has a global presence in various locations. We are fully licensed in the UK by the Financial Conduct Authority and the Securities Commission Malaysia in 2015. From its global offices, Eureeca offers high-yield potential investment opportunities from the Middle East, Europe, and Southeast Asia to its investor network. Businesses raising funds can leverage this network for capital, strategic connections, and expansion into new markets. Eureeca Limited is authorised and regulated by the Financial Conduct Authority in the UK (No. 624555). Eureeca SEA is authorised and regulated by the Securities Commission in Malaysia as a registered electronic facility (Equity Crowdfunding Platform) under s34 of the Capital Markets and Services Act 2007.
FBM Crowdtech Sdn. Bhd.
Ours is a three-step process that revolves around a 45-day crowdfunding campaign.
While only live for a month and a half on the FundedByMe platform, the average campaign takes entrepreneurs around
two to four months to plan, create, maintain, close and complete.
FundedByMe charges a listing fee of SEK 29 000 (EUR 2 900) to list your business post having successfully gone through the application process.
We charge a platform fee of 8% (exc. VAT) on the amount you successfully raise. All fees are payable to FundedByMe Crowdfunding Sweden AB.
Fundnel Technologies Sdn. Bhd.
Fundnel is Southeast Asia’s largest private investment technology platform, building next-generation capital markets infrastructure to increase access and liquidity for entrepreneurs and investors.
At the core of our deal-making expertise lie our proprietary algorithms that syndicate opportunities in private companies and PE/VC funds to our network of strategic investors. This, coupled with the expertise of our investments team, has led us to uncover more than USD6 billion worth of deals for over 14,000 accredited investors from across the globe.
By augmenting access and liquidity for entrepreneurs and investors, we accelerate the creation of innovative solutions that will go on to impact our communities and societies at large.
We are headquartered in Singapore with a growing presence in 4 countries across the Asia Pacific region.
PitchIN Sdn. Bhd.
pitchIN started its journey in crowdfunding, firstly as a reward crowdfunding platform in 2012. It holds records for projects that raised the most funds and for the most number of backers for a single project. It has successfully executed a slew of groundbreaking crowdfunding projects such as the first ever Indie festival in Penang, TAPAUfest, an on-demand movies Movie GoGo project, the first private-public crowdfunding collaboration exercise with the pitchIN-MaGIC Challenge, MDEC’s social project to assist the flood victims in East Malaysia, TeeSomethingNice, the tee-shirt project in celebration of Hari Malaysia and Merdeka 2014 and helped to secure a permanent place for Wok It, a mobile kitchen that serves quick and customised meals to raise finances to build their kitchen and to set up a permanent home.
In 2015, pitchIN applied and was successful in securing registration as a Recognised Market Operator (RMO) with the Securities Commission of Malaysia to offer an Equity Crowdfunding platform for locally incorporated companies in Malaysia.
We believe in the democratisation of fundraising and investing. We enable the process for investors to invest in businesses they believe and for businesses to grow with the support of their investors.
pitchIN democratises the capital raising process. pitchIN brings savvy investors looking to invest in innovative early stage Malaysian businesses. We cut the bureaucracy and get your company listed efficiently and effectively.
Crowdplus Sdn. Bhd.
Leveraging on a tried and tested deal sourcing and selection process that will enhance the quality of deals presented to the crowd for equity funding, our platform also launches our unique “QMI” feature that will bring to play qualified mentors and investors across the region to achieve greater value creation and enhance success for companies funded through CrowdPlus.asia.
Using Malaysia as the equity crowdfunding hub for ASEAN, CrowdPlus.asia will collaborate with various government agencies in Malaysia and the region and tap into various early-stage incubators and investing networking groups across the region to build an ecosystem for entrepreneurs to be mixing with the “right crowd”.
Gain access to a community of peers and mentors with the necessary business savvy and know-how to clue you in on how to turbo-charge your venture, and elevate it to greater heights.
Raise funds quickly and easily. Application is done online and any start-up , early and growth- stage company can raise funds without restriction.
Generate buzz and widespread media coverage via a successful crowdfunding campaign.
Leet Capital Sdn. Bhd.
Leet Capital is an innovative & premier equity crowdfunding platform.
Since being awarded our license by the Securities Commission in May 2019,
we’ve been enabling investors to invest in highly vetted high growth businesses,
whilst providing an avenue for high growth businesses to raise capital.
Raising capital through Leet Capital is an easy and efficient method for financing your business and tuning into the startup and entrepreneurship ecosystem in Southeast Asia. Leet Capital is a platform not only for raising funds with equity crowdsource funding but also for building community, educating businesses, and providing resources to facilitate business growth.
Ethis Ventures Sdn. Bhd.
Since the onset of COVID-19, we have launched popular new investment products, including short-term, high-yield supply-chain financing projects in Indonesia and equity investment in ‘future tech’ startups in Malaysia. Our social finance marketplace GlobalSadaqah plays a vital role in matching donors and Islamic economy players to better distribute social finance and zakat to NGOs and social enterprises. Ethis built our initial track record from 2016 to 2020 in social housing in Indonesia, where our global community of investors from more than 50 countries funded development projects to build close to 100,000 homes.
MyStartr Sdn. Bhd.
MyStartr first founded the “Dream Factory” programme in 2012 to build a community of entrepreneur and startup. To realise the dream, practical business idea and sustainable business model is much sought after. Thus, in 2017, the “Dream Factory” programme evolves into a startup competition. Every year, 30 startups that successfully raise the crowdfunding target amount, progress to the one month intensive business education and mentorship training, to earn the right to pitch at the startup competition.
MyStartr is also one of the largest reward based crowdfunding platforms in Malaysia. The Securities Commission awarded an equity crowdfunding licence to MyStartr in May 2019, allowing it to raise funds for the early stage startup.
Although the startup scene in Malaysia has been getting much more vibrant for the last few years, the capital market is still not familiar with the early stage startups. As such, equity crowdfunding platform such as MyStartr plays a crucial role in bridging the gap between the investors and startups, educates more and more retail investors to conduct proper investment, and assists the startup in scaling faster and bigger.
Only certain types of locally incorporated companies are eligible:
- Private Companies
- Limited Liability Partnership
These locally incorporated companies are not permitted to host ECF campaign:
- Commercially or financially complex structures
- Public-listed Companies and their subsidiaries
- Companies with no specific business plan or plan is to merge or acquire an unidentified entity
- Companies other than a micro fund that propose to use the funds raised to provide loans or make investment in other entities or paid-up
- Paid-up share capital exceeding RM10 million
List of ECF Operators | ||||
| No. | Logo | Name | Founded / Launched | Website |
| 1. | Ata Plus Sdn. Bhd. | 2014 | https://ata-plus.com/ | |
| 2. | Crowdo Malaysia Sdn. Bhd. | 2013 | https://crowdo.com/ | |
| 3. | Eureeca SEA Sdn. Bhd. | 2013 | https://eureeca.com/ | |
| 4. | FBM Crowdtech Sdn. Bhd. | 2013 | https://www.fundedbyme.com/en/ | |
| 5. | Fundnel Technologies Sdn. Bhd. | 2018 | https://fundnel.com/ | |
| 6. | Pitch Platform Sdn. Bhd. | 2012 | https://www.equity.pitchin.my/ | |
| 7. | Crowdplus Sdn. Bhd. | 2015 | https://www.crowdplus.asia/ | |
| 8. | Leet Capital Sdn. Bhd. (1337 Ventures) | 2019 | https://leet.capital/ | |
| 9. | Ethis Ventures Sdn. Bhd. | 2019 | https://ethis.co/ | |
| 10. | MyStartr Sdn. Bhd. | 2019 | https://www.mystartr.com/ |
SECURITY COMMISSION
The Securities Commission Malaysia (SC) was established on 1 March 1993 under the Securities Commission Act 1993 (SCA). We are a self-funded statutory body entrusted with the responsibility to regulate and develop the Malaysian capital market.
Our mission is “to promote and maintain fair, efficient, secure and transparent securities and derivatives markets; and facilitate the orderly development of an innovative and competitive capital market”.
Our areas of responsibilities include:
- Developing the overall capital market and its market segments such as the equity market, bond and sukuk market, Islamic capital market, fund management, derivatives and other market-based platforms and services;
- Facilitating innovation and digital services through the capital market;
- Creating avenues for a sustainable financing ecosystem;
- Ensuring proper conduct of all market participants through our supervisory, surveillance and enforcement work;
- Championing good corporate governance practices; and
- Facilitating greater cross-border regulatory co-operation and thought leadership.
The SC administers the following acts:
- Securities Commission Act 1993;
- Capital Markets and Services Act 2007; and
- Securities Industry (Central Depositories) Act 1991.
PRIVATE EQUITY/EKUITI SWASTA
The term private equity refers to capital investment made by investors or companies in unquoted private companies on the stock exchange. The fund may also be invested in public companies to make purchases, through, where public companies will be removed. Investments are made at the maturity level of the company, which has a large operation history. Funds are provided to mature companies with good track records. Private equity is more focused on corporate governance and any sectors. The risk of private equity is less compared to venture capital. Private equity firms buy an existing company and organize it to expand, develop and make it better than ever. There are several firm that under private equity;
- Widuri Capital Management
- Widuri Capital Management is a multi-strategy private equity firm that focuses on Small Medium Enterprises (SME) in Malaysia.
- look to partner with management teams and business owners that have successful track records.
- Sector focus; healthcare, agriculture, consumer, industrial & logistics, manufacturing, financial services and property/ real estate.
- Ekuiti Nasional Berhad (Ekuinas)
Ekuinas’ investment focus is on established growth companies that demonstrate strong track records and are looking to expand to the next stage. Ekuinas is mandated to support medium to large-sized Malaysian companies which are in the GROWTH stage – typically such companies would have some operational track record and are able to identify opportunities to expand to the next stage. Ekuinas may consider investments from all sectors, including Oil & Gas, Education, Fast Moving Consumer Goods (FMCG), Retail & Leisure including Food and Beverage (F&B), Healthcare and Services. These six (6) initial target sectors will continue to guide us in our investment strategy but we will also look at companies and industries that present good prospects and returns. The Company will not, however, invest in gaming, liquor, or other illegal/unethical activities; hedge funds, derivatives or commodities; property and construction; and companies which do not contribute to the Malaysian economy.
- Creador
Creador is a private equity firm focused on growth capital investments in South and Southeast Asia, primarily Malaysia, India, Indonesia, Vietnam, Singapore, Thailand and the Philippines. Creador is headquartered in Malaysia, with four additional offices in India, Indonesia, Vietnam, and the Philippines. Established in 2011 by Brahmal Vasudevan, the firm has raised close to $1.5 billion of investor commitments across 4 private equity funds since inception. The firm invests in 5 principal industries including consumer, retail, financial services, business services, and healthcare.
- COPE Private Equity
What COPE look for in a business;
- Honest and capable management team: We look for management team with integrity and a proven track record. We prefer to invest in family-owned businesses as these businesses are often prudently run with the long term interest of stakeholders in mind.
- A market segment with growth potential: We look for businesses operating in a sector with significant potential for growth as a result of technological, social and demographic changes. We also like businesses with a regional presence.
- Proprietary know-how, technology, distribution channel and strong branding: While no business is perfect, we look for companies with a competitive advantage in technology, distribution channel, branding or even unique insights into consumer behaviour.
- Agility and adaptability: We look for companies that demonstrate an ability to innovate new products, services and distribution channels in response to changing customer behaviours and environment.
Size of investment is RM20 million and above and the duration from the initial meeting to the drawdown of funds will be 2 to 3 months, depending on the availability of information on the business.
- Navis Capital
5 investment criteria;
- Distinctive competitive advantage
- Ambitious and collaborative management team
- Owners and management teams that appreciate our collaborative and transformative approach
- Enterprise value of US$30 million – US$500 million
- Core industry verticals include consumer, healthcare, education and manufacturing
- Bintang Capital Partners
Investment criteria;
- Enterprise value: USD 20 – 100 mn
- Cheque size: Up to USD 20 mn
- Ownership positions: Growth or Control
- Investment horizon: 3 – 5 years
- Geographical focus : ASEAN
GRANTS/GERAN
A grant is money that’s given to your business by the government, a company or a philanthropist. Grants are essentially free money – you don’t have to pay them back. Their aim is to give small businesses a helping hand. There are several firm that under grants;
- TERAJU DANA KEMAKMURAN BUMIPUTERA
The granting of these funds is up to 10% of the cost of eligible projects or RM2 million, (whichever is lower), channeled repayments (“reimbursement bases”) to the Company. Pre-qualifying applicant’s qualification requirement;
- The company is the first time applicant.
- The Company shall be incorporated in Malaysia under the Companies Act 2016.
- The Company is not a single possession company (“Enterprise”), conglomerate, public listed companies and its subsidiaries, government-linked companies (GLC “and Government Linked Investment Company -” GLIC “) as well as its subsidiaries, government-linked companies State and its subsidiaries, cooperatives, foundations, associations and establishments.
- 100% Bumiputera.
- Chief Executive Officer / Managing Director / majority of Management is Bumiputera.
- The Company and / or any company or entity does not have a shareholder or director or signatory of the same bank account which has received the assistance of the Easy Fund grant or any grant from TERAJU and / or any government grants for the same project before .
- The Company reserves the right to implement projects on the proposed land / site / premises and at least the approval of planning permission by the local authority (“PBT”) and / or mandatory approval from other relevant agencies to initiate project implementation.
- MTDC
MTDC has been entrusted by the Government to manage two types of grants since 1997 (7th Malaysia Plan):-
- The Commercialisation of R&D Fund(CRDF)
- The Technology Acquisition Fund (TAF)
CRDF provides financial assistance to universities/research institutions/eligible Malaysian companies to undertake full commercialisation activities of completed R&D. The R&D/technologies can be those developed by the public sector or they can also be the output of in-house research and development (R&D) activities by the companies.
TAF provides financial assistance to eligible Malaysian companies in the acquisition of foreign technologies for immediate incorporation into the company’s manufacturing activity. TAF’s partial grant enables companies to avoid expensive and often risky technology development stages.
- CRADLE
To be a preferred provider of early stage funding to innovate and aspiring entrepreneurs to be recognised and respected for excellence in service and product offerings.
- Create an ecosystem that supports a business-building environment for technology entrepreneurs
- Achieve commercialisation efficiency and sustainable entrepreneurship as per our credo – catalysing sustainable technopreneurs
- Represent the Government’s effort at boosting quantity and quality of innovations and technology companies
The Coach & Grow Programme (CGP) is a public-private partnership between Cradle Fund Sdn Bhd (Cradle) and Proficeo where Cradle are the Programme Owners and administrators and Proficeo are the architects and designers who conduct programme implementation. It is a market driven programme intended to bring together key players in the entrepreneurial ecosystem to nurture existing entrepreneurs to grow their businesses to greater heights via coaching. It is designed to provide entrepreneurs with the tools and ‘show-how’ to implement strategies and plans during commercialisation and growth stages.
Only technology-based entrepreneurs will be eligible to apply. Participation is open to companies that are registered in Malaysia, where 51% of the company is Malaysian owned and the primary base of operations is in Malaysia. Additionally, the primary applicant must be Malaysian, aged 18 years and above and residing in Malaysia for the duration of the programme. Commitment from 2 team members who are the Founder or C-Level management to attend the programme and fulfill contract terms.
- MIDA
Incorporated as a statutory body under the Malaysian Industrial Development Authority (MIDA) Act, the establishment of MIDA in 1967 was hailed by the World Bank as “the necessary impetus for purposeful, positive, and coordinated promotional action” for Malaysia’s industrial development. Today, MIDA is Malaysia’s cutting-edge, dynamic and pioneering force in opening pathways to new frontiers around the globe.
- PlaTCOM Ventures
PlaTCOM Ventures Sdn Bhd is the national technology commercialisation platform of Malaysia. It is a wholly-owned subsidiary company of Agensi Inovasi Malaysia (AIM) formed in collaboration with SME Corporation Malaysia under one of its six High Impact Programmes (HIPs) in SME MasterPlan 2012-2020.
PlaTCOM Ventures is designed to discover and support innovations wherever they may be, assess ideas very critically, explore them systematically, and turn the best ones into successful products and services. Rather than following traditional technology transfer models, PlaTCOM Ventures has designed a model that facilitates any segment of the entire commercialisation process (end-to-end facilitation) from idea to products and services. The whole approach will be market driven in supporting industrial innovation and competitiveness. The model is more suited to the innovation environment in the South East Asia region in providing commercialisation support for the fledgling businesses, innovators and entrepreneurs including those from academia and public research institutes.
PlaTCOM Ventures is not just another technology commercialisation initiative. It is a company with ‘national innovation’ at its core, and with creativity running through every detail of the way it is modeled, organised and operated. It is an association of restless individuals who will settle for nothing less than being at the leading edge of technology commercialisation thriving to help inventors and entrepreneurs to achieve commercial success.
- PENANG i4.0 SEED FUND
Provide funding for qualified high potential early stage technology startups and enhance the growth of Penang’s tech ecosystem.
The Penang i4.0 Seed Fund offers funding amounting up to RM100,000 to assist startups with innovative technology products & services to attain commercialization. Value added services such as capacity building programs, mentorship and industry linkages are also provided.
In efforts to realize Penang’s mission to become the Silicon Valley of Asia, this fund is established to further enhance & develop Penang’s start-up industry, encapsulating ‘Powered in Penang’ capabilities.
- Early stage startups that have a working minimum viable product with positive early traction
- A company incorporated in Malaysia
- Company ownership at least 51% by Malaysians
- Operating less than five (5) years
- Accumulated revenue not exceeding RM1 million
P2P LENDING
- Nusa Kapital
- https://nusakapital.com/
Eligibility criteria for Investors;
- Be 18 years of age or older at the time of registering as an investor (if the person is an individual).
- Declare whether they are subject to any investment (Retail investor – investment limit RM50,000 at any time)
- Provide a MBAN number if the investor is an Angel
- Acknowledge that they read and accept the Warning Statement, Disclosure statement, Terms and Condition and Privacy.
Service and the Website are designed for people who are residents in Malaysia. An Investor who wishes to fund a campaign from outside Malaysia or who is not a Malaysian citizen is solely responsible for ensuring their compliance with all relevant laws of any country outside Malaysia.
- QUICKASH MALAYSIA
Have 2 product offered;
- Programme Financing
- Fixed financing amount at RM25,000 , RM50,000 & RM 100,000
- Short term financing at 3, 6 or 9 Months
- Issuers have been in business for 12 months
- Able to provide a guarantor or collateral for the financing amount
- Affordable interest rate for good credit rating issuers
- Fast assessment and approval
- Business Financing
- Financing amount above RM 100,000.00
- up to 12 months
- Easy repayment optionsIssuers have been in business for 12 months
- Able to provide a guarantor or collateral for the financing amount
- Fast approval with complete documents
Who can apply?
- Any business who has registered business with SSM may apply.
- FUNDAZTIC
Issuer Fees and Charges;
Application Fees (Non-refundable) RM50.00 – Charged each time an application for funding is made to ensure that the issuer is serious in the application.
Platform Origination Fees – Charged only if funding is successful and leads to disbursement. Deducted upfront from amount to be disbursed. Amount is determined by the financing tenure applied and approved. For example, if the funding tenure is 6 months, the origination fees will be 1%. If the funding tenure is 15 months, the origination fees will be 2.3%.
Late Payment Fee – For monthly repayments only, there will be a 7 day grace period past the due date. Amount charged will be 2% of the monthly repayment, up to a maximum of RM250.00. For example, if the repayment amount is RM5,000, then the late payment fee will be RM5,000 x 2% which equates to RM100. If repayment amount is RM20,000, then the late payment fee will be capped at RM250.
Stamp Duty – Charged only if funding is successful and leads to disbursement. Deducted upfront from amount to be disbursed. Amount is determined by the financing amount actually raised. For example, if the funding amount hosted is RM100,000 but amount raised is only RM91,000. The duty payable would be RM91,000 x 0.50% which equates to RM455.
Other bank transaction charges – Charged as and when disbursement occurs or when there is request for withdrawal from Trust account being made.
Issuer Terms;
- ALIXCO P2P FINANCING
Who can be the issuer?
An issuer can be sole proprietorships, partnerships, limited liability partnerships, private limited and non-listed public companies. The following entities are prohibited from raising funds through a P2P platform:
(a) Commercially or financially complex structures (i.e. investment fund companies or financial institutions)
(b) Public-listed companies and their subsidiaries;
(c) Companies with no specific business plan or its business plan is to merge or acquire an unidentified entity (i.e. blind pool)
(d) Companies that propose to use the funds raised to provide loans or make investment in other entities
(e) Any other type of entity that is specified by the SC.
Is there a minimum an issuer can raise?
- Currently, the minimum amount for financing is RM20,000RM. Alixco is working hard on offering more financing opportunities for businesses.
How much money can an issuer raise?
- There is no limit on how much an issuer raise on the platform. However, an issuer will fail to obtain any fund from the platform if less than 80% of its target amount is subscribed by investors. On the other hand, it will not obtain anything more than its target amount even if the fundraising is oversubscribed. Please note that the amount an issuer is seeking to raise is furthermore subject to our credit capacity check and approval.
For more information, you can check their websites, https://www.alixco.com/
- CAPSPHERE
What are the requirements for financing?
The list of criteria that needs to be met are as below:
- Registered business in Malaysia under Suruhanjaya Syarikat Malaysia (SSM) and primary business operations in Malaysia.
- The business type must be one of the following: sole proprietorship, partnership, limited liability partnership (LLP), private limited company (Sendirian Berhad). We do not fund public companies (Berhad).
- The business must be revenue generating, and have an operating track record of at least 1 year.
How much is the issuer fee?
As part of the verification process, we will charge a of RM 50 fee.
If your Investment Note is funded successfully, we will charge a fee of 2% to 6% of the Investment Note amount. (The exact percentage (%) charged will depend on the size of the Investment Note and tenure.)
Please see below for more details:
There is no need for you to manually pay for any fees since we will take the charges from the final amount that is successfully raised. There will be no charges for any listing that is unsuccessful.
Issuers will be subjected to third party charges such as bank and processing fees, legal charges, and taxes. The applicable fees and charges are:
1. Verification fee : RM 50
2. Success fee : 2% to 6% of the funds raised (depending on the size and the tenure of the Investment Note)
3. Transaction fees :
– FPX at RM 1 per transaction
– IBG at RM 0.10 per transfer
4. Stamp Duty on:
– Issuer Agreement
– Investment Note
– Security Documents
– Any other documents relating to or incidental to this Agreement, the Issue Request and the Investment Note.
5. Prepayment Fee (if any) : Up to 20% of total outstanding interest on Investment Note
6. Late Payment Fee (if any): 0.05% to 0.1% daily interest on principal outstanding on Investment Note
7. Restructuring Fee (if any) : Administrative fee of 1% of outstanding Investment Note amount
8. Legal/Recovery Fees : Based on quotations given by providers.
- CAPITAL BAY
7 Easy Steps to Invest in our P2P Platform;
- Get your documents ready before you sign up
- Register on the CapBay P2P Financing Platform
- Make an Initial Deposit of at least RM 10,000
- Set up your Auto-Invest Target function
- Start Investing
- Earn Your Return Once the Investment Matures
- Monitor Your Portfolio
More information can check out their websites, https://capbay.com/capbay-p2p-invest-a-step-by-step-guide-to-invest-in-our-platform/
- MICROLEAP
Who is raise fund in P2P platforms?
Only Malaysian registered entities that have been in operation for 6 months that are:
- sole proprietorships (enterprises)
- partnerships
- incorporated limited liability partnerships
- private limited companies
- unlisted public companies
will be allowed to be hosted on microLEAP.
Note: Under SC rules, there is no personal financing allowed on P2P platforms.
For more information, you can check MicroLeap issuer agreement https://www.microleapasia.com/wp-content/uploads/2019/11/MLP-Issuer-Agreement-311019_Final-CAP-RATE.pdf
ACCELERATOR/PEMECUT
- WATCHTOWER AND FRIENDS
This Accelerator Programme is open to any startup and each intake will go through 4 months of intensive action oriented programme led by mentors and associates. It assists startup companies and their founders and maximizes their chances for success.
The people behind WTF have the passion to grow exceptional entrepreneurs. They consist of passionate people who will contribute varying amounts of their time to work with the startups and their founders. All mentors at the Accelerators are people who have been through the startup mill and are keen to contribute back to the community.
We identify emerging entrepreneurs and interesting startups and rapidly turn them into startups and companies that find the necessary revenue model and funding. Our core philosophy is that successful startups must grow into viable businesses. We believe that startups must take advantage of learnings from around the world on how to start up startups and move fast to next levels of growth. This is done through initiatives and activities that we run for startups.
Interest in;
- Enterprise
- Web & Mobile
- Cloud computing
- Big data analysis
- Internet of things
- Information & network security
- Wearable technology
- Creative content
- Green & bio technology
- 1337 VENTURES
Alpha Startups is a Pre-Accelerator programme organised by 1337 Ventures, a Malaysia early-staged Venture Capital firm & Leet Academy which is our Education arm. We’ve been running accelerator programmes since 2021, we’re one of the first Technology accelerator programme in Malaysia.
Requirements;
- Able to communicate and understand English
- Above 18 yrs old
- Startups must be based in Malaysia or serve a Malaysian market OR
- Startups must have at least ONE Malaysian co-founder regardless of the market served or geographic location
For terms and condition of this accelerator programme, can check out this link https://1337.ventures/tnc/asda-terms/
- NEXEA CORPORATE ACCELERATOR PROGRAM
Requirements
Scalable Tech Startup – Your business model should be scalable to be able to grow exponentially in the long term (we do not accept traditional businesses)
Disruptive Nature – Your solution should be 10x better (figuratively) than the current best solution in the market to allow for disruption
Market Size – our Startup should have the potential to scale to more than 100M in Revenues minimum in a span of 5 to 10 years
Based in Malaysia – For mentoring purposes, we only accept Malaysia based companies where a majority of the team is local
The Corporate Accelerator Programme typically runs for 5 months starting from September and ends in January the following year.
- Malaysian Global Innovation & Creativity Centre (MaGIC)
Virtual Global Accelerator Programme is An online programme to accelerate local & international startups from all over the world, with an interest to expand their business in the ASEAN region, to be investment-ready in 3 months. GAP online also aims to build a strong ASEAN startup community by cultivating ASEAN relationships. Looking for startups that have established product-market-fit with target market/ have launched a product with some traction, and highly scalable with growth potential business model which is an innovative idea better than the existing best solution in the market. Ideal startups would be less than 3 years old and focusing on the ASEAN market. Startups are required to commit to the online programme on a full-time basis for the entire 3 months. Classes and workshops will be conducted four to five days a week digitally while startups will have the rest of the week free to work on their business as needed. The core focus of the programme is for you to build your network, grow your business and achieve your milestones.
- SELANGOR ACCELERATOR PROGRAMME
The Selangor Accelerator Programme (SAP) is a structured 3-month programme that aims to assist startups in the early stage, defined as startups that have not gone for Series A funding. The SAP wishes to help these budding startups in polishing not only their product and business, but their core team as well, through workshops and mentors that will share knowledge, experience, and advice that will help the teams with their soft skills and pitching styles as well.
Who can join SAP?
All tech startups are most welcome to apply, which include startups based on New or Emerging Technologies, such as Artificial Intelligence, Blockchain, Cloud Computing, Big Data & Machine Learning and the Internet of Things (IoT) devices and solutions, as well as on Smart City and e-Commerce technologies. However, Agritech, Greentech, Smart City, Fintech & e-Commerce startups will be given more consideration during the application process.
Requirements
Startups must be:
- Incorporated in Malaysia.
- An early stage (pre-Series A) startup established less than 3 years.
- Have a MVP or Beta version of their offering.
- Able to commit two members to join the programme (Two co-founders, or the founder and a core member).
- Able to commit to the 3-month long programme
DEVELOPMENT FINANCIAL INSTITUTIONS
- SME Bank