Have a great idea? Pitch it and raise up to RM50,000 in investment capital to realise it.
A joint effort between BEAM, TinkBig Ventures, TeAM, and Investment Partners to support more aspiring entrepreneurs with great ideas.
For entrepreneurs out there seeking to raise initial startup capital for an idea or prototype, you can now pitch your ideas and raise up to RM50,000 (~USD11,000) in equity investment beginning January 2017.
The new initiative, dubbed ‘The Pitch’, is a joint effort between BEAM, TinkBig Venture, Technopreneurs Association of Malaysia (TeAM), Angel Investors, and Partner Investors to further catalyze innovation within the region, increase investment opportunities, and to provide greater initial support for aspiring/new teams of entrepreneurs who wish to take their ideas to the next level.
Throughout the duration of the investment, teams will also be provided with the necessary support to spearhead their businesses. Some of these include market access, mentorship, introduction to angel investors and venture capital firms (for subsequent rounds of investments), business validation, working spaces, and many more.
Interested teams of entrepreneurs who wish to participate can easily apply to pitch via a simple online form. A maximum of 8 shortlisted teams will be invited to pitch their idea (or present their prototypes) to a judging panel on the 'pitch day', which will be held twice every month.
The format of the pitch will be split into 2 sections; a 5 minutes presentation by the participating team and a 10 minutes Q&A session between the panelist and the participating team. A sample presentation deck will also be sent to applicants to simplify their presentation flow.
The most unique aspect of the The Pitch is that teams will be notified on the pitch day itself on whether or not they are eligible for the investment. This allows the entrepreneurs to gain the necessary validation for their ideas and move on to their next focuses a lot sooner.
Visit the link below to submit an application for The Pitch: