Cradle Fund: Majority of Malaysian startup ideas not worthy of taxpayers’ money | Malay Mail

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KUALA LUMPUR, Nov 21 ― There has been a robust interest in grant applications from start-ups in Malaysia but their ideas are often not worthy of taxpayers money, Cradle Fund Sdn Bhd acting group chief executive officer Razif Abdul Aziz said. He said the biggest challenge faced by Malaysian...

Thursday, 21 Nov 2019 10:52 PM MYT

“While the number has so far held, suggesting that interest continues to be robust, the problem is that more than 80 per cent of those applications are from digital-based start-ups such as e-commerce, apps, software, content, services, etc,” he told reporters at the Cradle Startup Awards here, today.“There are also just too many “me too” start-ups today, duplicates or variations of existing start-ups.

The CIP300 is a pre-commercialisation programme which provides a conditional grant and value-added assistance amounting up to RM300,000 for entrepreneurs. It is intended to kick-start innovative technology-based start-ups to enhance and commercialise their products or services.

 

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'Penyamun idea berlesen'... Ko bentang idea... Tak dapat. Idea ko masuk ke bank idea.... Tak ke penyamun berlesen camtu?

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