4th MSC Malaysia InnoTech “Ideas Launchpad” Interstate
4th MSC Malaysia InnoTech “Ideas Launchpad” Interstate PROGRAMME BOOKLET Experience & Knowledge Sharing To provide a platform for local Technopreneurs to “pitch” to local VCs and angel investors
MARCH 25-26, 2009 PENANG DEVELOPMENT CORPORATION, PENANG, MALAYSIA 0
4th MSC Malaysia InnoTech “Ideas Launchpad” Interstate TABLE OF CONTENTS 1.
ABOUT INNOTECH ............................................................................................. 2
2.
AGENDA PROGRAM ......................................................................................... 3
3.
VC’S/SPEAKERS PROFILE.................................................................................... 5
4.
ELEVATOR PITCH / TRY ANGLE SESSION........................................................... 14
1
4th MSC Malaysia InnoTech “Ideas Launchpad” Interstate ABOUT INNOTECH MSC Malaysia will be hosting its fourth series of InnoTech in Penang on the 25th and 26th of March 2009. MSC Malaysia InnoTech Interstate is a 2 day event where the objectives are as follows: o To provide a platform for northern region based technopreneurs and MSC Malaysia Status companies to meet local VCs in order to increase partnerships, collaborations, creativity, innovation and knowledge sharing o To provide a platform for emerging northern region based technopreneurs and high growth MSC Malaysia status companies to “pitch” local venture capitalists. o To create a bigger funnel to the main Innotech at least 8 per region. o To capture requirement in developing enterprise development program o To introduce new technology to the community in the selected region o To introduce an online service to allow technopreneurs to put in their projects or companies for VCs to view. Amongst the messaging we wish to impart on the Malaysian ICT entrepreneurs are: o To expose and educate the entrepreneurs on the latest technology and global trends o To show them that strong funding opportunities and support systems exist o To foster a sense of belonging and camaraderie amongst entrepreneurs, VCs, partners and stakeholders o To encourage budding entrepreneurs to take the plunge o To encourage ICT entrepreneurship as a career of choice
2
4th MSC Malaysia InnoTech “Ideas Launchpad” Interstate 1ST DAY AGENDA: Wednesday, 25 March 2009: Knowledge Sharing
Time
Activity
08:30-09:30
Registration, Networking
09:30-09:35
Opening Video
09:35-09:55
Speech by Devan Singaram of Elevyn.com
09:55-10:15
Speech by Daniel CerVentus of Malaysian Entrepreneurs
10:15-10:35
Speech by Asyraf Abdul Rahman of consoci8.com
10:35-10:55
Break
10:55-11:15
Speech by Michael Teoh of MichaelTeoh.com
11:15-11:35
Speech by John Goh and Jenna Loh of MyPath.com.my
11:35-12:35
Panel Session
12:35-01:35
Lunch
01:35-03:35
Try-angle session Where you get to “TRY” out the 3 facets of web 2.0 together with our group of trained facilitators. Covering the following technologies Twitter | Blogger | Facebook | Google Docs
04:45-05:30
Closing Address
3
4th MSC Malaysia InnoTech “Ideas Launchpad” Interstate 2ND DAY AGENDA Thursday, 26 March 2009: Pitching Session
Time
Track 1
Track 2
08:30-09:30
Registration, Networking
09:30-09:35
Opening Remarks
09:35-01:30
VC Pitching Session (1) Followed by Q&A
10:30-11:00
Break
11:00-01:30
VC Pitching Session (2)
01:30-02:30
Lunch
02:30-03:30
VC Pitching (Private session)
Elevator pitches with CEO
03:30-04:00
Break
Break
04:00-05:30
VC Pitching (Private session)
Elevator pitches with CEO
05:30
Closing Address
Elevator pitch training & Speaker Corner (everyone gets to present)
Elevator pitch training & Speaker Corner (everyone gets to present)
4
4th MSC Malaysia InnoTech “Ideas Launchpad” Interstate VCs/Speakers Profile SPEAKERS PROFILE
Devan Singaram Devan Singaram is a survivor of the dotcom boom & bust cycle of the late 90s. Disillusioned and awoken by the unsustainable methods of companies in the conventional economy, Devan set out to chart a path off the beaten road. As a social entrepreneur, Devan started Elevyn to tackle the status quo of poverty. Outside of work, Devan produced CodeNavia, a full-fledged Content Management Framework that has since been adopted by various corporates and NGOs to power their web portals. Company: Elevyn Sdn. Bhd. A little about the company: Elevyn is a social enterprise - a for-profit company that utilizes web technologies to bridge the digital divide and empower communities. Elevyn.com is an online platform to buy and sell handmade items produced by marginalized / indigenous communities. The idea is to provide artisans with a platform to reach out to the global market. We work closely with NGOs, field partners, marketplace agents and volunteers on the ground. We aim to channel up to 85% of each product sale back to the artisan, while PayPal and Elevyn each take a cut of 5% for operational costs. A further 5% is channeled to a community cause to ensure a trickling effect of the business.
5
4th MSC Malaysia InnoTech “Ideas Launchpad” Interstate
Asyraf Abd Rahman Asyraf grew up as a child who was never fond of business, seeing how his father worked hard day and night. It was not until he went for his studies in the US that he was awed and attracted to entrepreneurism by the sheer creativity and entrepreneurial spirit of the Americans. After graduation, he worked for 4+ years in his father's business, a manufacturing company supplying parts to Proton and Perodua. Although he enjoyed working with his father, he was always attracted to software development and web technology. With his father's consent and encouragement, together with his two committed and 'just as crazy' partners - Azzart and Fadhli - he began work on Consoci8 in mid 2007. By early 2008, Consoci8 was officially founded. Company: Consoci8 Sdn Bhd A little about the company: Consoci8 was initially established to help its founders pursue their passion - software development and technology, at their own pace, and under their own rule. Consoci8's goals have since evolved into helping the human race, and the whole world at large, to live better lives - by exploring ideas and development in technology. Although Consoci8 is still in the midst of developing its own product, which is the social network marketplace, it is successfully producing other products - through partnerships with other companies such as MDEC and GreyAttic Sdn Bhd - under its belt. One product that is currently up is Teddology at www.teddology.com - an entrepreneur social network experiment done in joint partnership with MDEC. Coming soon will be GreyAttic's social event site, SocialWalk, which will be up at the end of March.
6
4th MSC Malaysia InnoTech “Ideas Launchpad” Interstate
Daniel CerVentus’ Lim Daniel CerVentus is a seasoned entrepreneur of 10 years and the founder of the largest entrepreneur community in Malaysia at www.entrepreneurs.my. Prior to that he was involved with an education tourism company and several internet startups Besides Earth247 and Malaysia Entrepreneurs, Daniel is head of Marketing of boutique development house JomCode and co-founder of The UrekaWeekend. Company: E247 Media Sdn. Bhd. A little about the company: Earth247 is in the business of providing a global platform to watch and share news. The current news world is split between the domination of news organizations, with strong, centralized editorial control versus the “anything goes” world of user-generatedcontent. We believe the next generation of news should be built around a combination of core journalistic values of authenticating, balance and adding value to the news, combined with a high level of user interaction, in terms of supporting user-generated content (UGC), and Web 2.0 characteristic of commenting and sharing the news. Thus Earth247’s vision is to be: The global news platform of the digital age, by integrating journalistic values with power of users to shape and share news.
7
4th MSC Malaysia InnoTech “Ideas Launchpad” Interstate
Michael Teoh Su Lim Michael Teoh is One of the Seven of Malaysia's Most Outstanding Youth 2008, awarded by the Asian Youth Ambassadors' (AYA) Dream Malaysia Awards. He is also the first international student, Asian and Malaysian to have won the SIFE (Students In Free Enterprise) National Business Cup twice (2007 & 2008), representing New Zealand to New York and Singapore, scoring an impressive win as one of the Top Business Student & Team at the SIFE World Cup business competition among 45 countries. Teoh has led several successful social business projects during his undergraduate years in New Zealand, which earned him distinguished recognitions for being the only student invited by Harvard University to attend their Asian Business Conference. Amidst his business projects, he has also ventured into the world of consultancy abroad where he won the first New Zealand Deloitte Business Consulting Competition, and was invited by the Hong Kong University of Science and Technology (HKUST) and Citigroup to consult Ocean Park in Hong Kong. Now back in Malaysia, Michael can be found speaking at youth and entrepreneurship conferences, where he speaks to undergraduates about being outstanding in society and becoming remarkable business people and entrepreneurs alike. Company: www.MichaelTeoh.com & Brand Mercatus Malaysia A little about the company: www.MichaelTeoh.com was founded as an online journal, sharing Michael's experiences of becoming a youth entrepreneur and spokesperson for the youth community. The website is aimed to connect youths to entrepreneurship and business events, while relating them to the traits of becoming a more remarkable and outstanding youth in society. Michael sees himself as the 'Bridge' between undergraduates (Youths) and entrepreneurship, which is why his website was initially set up for him to share his opinions and journeys. Currently, Michael is attached to Brand Mercatus Malaysia, a premiere branding agency, which is now in the production stages of launching a new branding television show called BRANDED on NTV 7 later this year. He is in-charged of producing the show, under the guidance of Corporate Celebrity of The Firm and the CEO of the Mercatus Group Malaysia, Mr. Peter Pek.
8
4th MSC Malaysia InnoTech “Ideas Launchpad” Interstate
John Goh + Jenna Loh Ever enthusiastic and energetic, Jenna typifies the new young breed of female Technopreneurs who are totally dedicated and passionate about their work. Her domain knowledge of corporate placement and executive search of human capital was clearly the inspiration behind the inaugural and successful pilot of D'Graduate 2008, the world's first online reality show with real-life corporate business simulations for undergraduates at UUM, Kedah. Hailing from a background of public relations and event management, John is equally passionate about developing youths to take their "rightful place in society for the future". Both Jenna & John are also joined by Mollie in this journey about adding values to people's lives. MyPath specializes in Career Development Programs and Employment Readiness Programs for the undergraduates and youth
Eliza Noordin Eliza Noordin is the Vice President of Teak Capital Sdn. Bhd. Teak Capital is a venture capital management company based in Malaysia. Teak Capital currently manages Teak Ventures Sdn. Bhd.’s funds and is also an appointed partner of MAVCAP under its Outsource Partners Programme (OSP) in July 2008. Its’ investments are focused on five industry sectors: semiconductors & electronics , software & IT services, networking & communications, wireless & mobility and high growth technologies. Eliza has a degree in Electrical Engineering and Mathematics, and prior to Teak Capital, Eliza has worked at Multimedia University, Microsoft Malaysia and Intel MSC. Apart from her interests in ICT industry, she is also passionate about Commercialisation of Intellectual Property.
9
4th MSC Malaysia InnoTech “Ideas Launchpad” Interstate
Bob Chua CEO and Executive Chairman PULSE GROUP PLC
- Responsible for Pulse Group’s overall management and growth. - Involved in market research for his entire career - Created strategic ventures – Nielson Online, TNS Interactive, founding organizations of online market research and outsourcing within the industry - Bachelor of Business IT, and Marketing (Griffith University, Australia) About Pulse Group PLC The Pulse Group PLC (Symbol: PGRP) is a first class Research Process Outsourcing (RPO) company, built exclusively to serve the market intelligence industry globally. Its products and services include Planet Pulse - an online community of survey respondents throughout Asia Pacific and Middle East, Online Data Collection, Survey Programming, Data Processing and Analysis, Professional MR Translations, and Qualitative Research. Pulse Group PLC is publicly quoted on London’s PLUS market.
Andrew Wong, MiRC Andrew is the CEO of the MCA ICT Resource Centre (MIRC). Through MIRC, Andrew is leading the transformation of Malaysia’s SMEs towards the use of information technology to enhance their businesses. Graduated with a degree in accounting and MIS, Andrew started his career as an accountant in several companies, mainly in construction, property development, trading and manufacturing. He soon developed the expertise in starting up companies and turning around companies within the group into profitable companies. Following the dotcom era, he ventured on his own, starting an ICT company in 1997 and was one of the pioneers of Customer Relationship Management solutions.
10
4th MSC Malaysia InnoTech “Ideas Launchpad” Interstate Elevator Pitch The bit about the pitch and teaching people about the importance of selling themselves both in the meeting room and outside "An elevator pitch (or elevator speech) is an overview of an idea for a product, service, or project. The name reflects the fact that an elevator pitch can be delivered in the time span of an elevator ride (for example, thirty seconds and 100-150 words). The term is typically used in the context of an entrepreneur pitching an idea to a venture capitalist or angel investor to receive funding. Venture capitalists often judge the quality of an idea and team on the basis of the quality of its elevator pitch, and will ask entrepreneurs for the elevator pitches to quickly weed out bad ideas and weak teams. A variety of other people, including entrepreneurs, project managers, salespeople, evangelists, job seekers, and speed daters commonly use elevator pitches to get their point across quickly." Core Things to think of towards a successful Elevator Pitch: 1. What’s the idea? 2. What’s the status of the idea or business? 3. What market or markets does the business address and are there any testimonials or customer feedback? 4. Why do you believe you have the advantage in the marketplace relative to the market needs? 5. What’s the competition in the marketplace? 6. What’s the revenue model (such as “e-commerce,” or “wholesale”)? 7. Who’s the team that's going to make the business succeed? 8. What’s the longer term vision, the “end-game,” for the business and the projected return on investment for investors? (some examples are: "the business will distribute big profits to investors from cash flow by year X", or "the business will be acquired by another company for $XYZ") 9. What’s the total funding required to execute the business plan? 10. What amount of financing are you seeking initially and what are the terms of investment?"
11
4th MSC Malaysia InnoTech “Ideas Launchpad” Interstate Once you have an in, its time to close In most any business, especially start-ups funding and cash flow is paramount and in most cases directly correlated to the success and subsequent growth of the seed. InnoTech aims to bridge that gap in some small way by scouring the land for business opportunities worthy and ready of funding - VC funding. Through a series of rigorous vetting sessions, up to 14 participants / companies will be allowed to present their case to a panel of highly qualified judges who will then forward the best of the lot to proper channels and place the hopefuls closer to their goals and VC's closer to their promising markets. * Conducted open Style format where presenters present to a panel of judges and a live audience and in so doing maximize the exposure and reach of these new start ups. * Conducted closed Style format where presenters present to a panel of judges in a closed environment in order to maximize focus of the presenters.
12
4th MSC Malaysia InnoTech “Ideas Launchpad” Interstate Try-angle Session – `The Causes’ Netbash gives people the opportunity to do the following things
Learn Explore Share Experience
The focus of the event this time around is web 2.0 The term "Web 2.0" refers to a perceived second generation of web development and design, that aims to facilitate communication, secure information sharing, interoperability, and collaboration on the World Wide Web. Web 2.0 concepts have led to the development and evolution of web-based communities, hosted services, and applications; such as social-networking sites, video-sharing sites, wikis, blogs, and folksonomies. The term was first used by Dale Dougherty and Craig Cline and shortly after became notable after the O'Reilly Media Web 2.0 conference in 2004. Although the term suggests a new version of the World Wide Web, it does not refer to an update to any technical specifications, but rather to changes in the ways software developers and endusers utilize the Web. According to Tim O'Reilly: Web 2.0 is the business revolution in the computer industry caused by the move to the Internet as a platform, and an attempt to understand the rules for success on that new platform. O'Reilly has said that the "2.0" refers to the historical context of web businesses "coming back" after the 2001 collapse of the dot-com bubble, in addition to the distinguishing characteristics of the projects that survived the bust or thrived thereafter.
How we will be sharing the idea of web 2.0 By giving the audience something to focus on we believe they will have a reason to actually try the technologies, what more if the reason is a good one - one that will be helping their fellow man or woman or even their world - making it a nice place to be in by just that little bit. For the Penang event we have selected 3 main focal points to rally the crowd.
13
4th MSC Malaysia InnoTech “Ideas Launchpad” Interstate WWF's >Earth Hour Earth Hour is an initiative started by World Wide Fund For Nature (WWF) in 2007 in Sydney, Australia. Last year 50 million people across 35 countries took part in this movement. This year WWF is targeting 1 billion people worldwide - individuals, government and corporations alike and WWF-Malaysia is joining the ranks to lead Malaysians to be part of this global action “The act of switching non-essential lights is a simple and effortless step that every person can take that can trigger a huge positive impact against climate change. The message we are trying to give is that every person, by taking a small action such as turning off a light, can make a huge difference in the fight against climate change”, said WWF-Malaysia Executive Director/CEO, Dato' Dr Dionysius Sharma. “Humanity is not in a position to allow our activities to warm up the planet. Much is at stake; biodiversity, our loved ones and ourselves. Let's start with an hour and stop only when we have created hope for planet Earth” Dato' Dr Dionysius Bottom line, the first step in the grand scheme of global change is a global consorted effort to make a difference. Earth hour just helps show people they want to make that consorted effort.
14
4th MSC Malaysia InnoTech “Ideas Launchpad” Interstate Elevyn's >Eradication of poverty Elevyn allows buyers to purchase handmade items directly from the artisans at Fair Trade prices. Artisans have access to manage their own online stores. Orders are sent via e-mail or SMS directly to the artisan, who then packs and ships the items to the buyer. Elevyn provides support as and when required. They can transfer up to 85% of the selling price back to the artisan. As an additional benefit to the community, 5% of every sale goes to a fund to support a local Cause. Elevyn is a place to buy and sell hand – made crafts produced by indigenous, rural and marginalized urban communities, in a fair trade way. By connecting to a global audience of socially – conscious buyers, we wanted to provide an unprecedented transparency of the supply chains, so consumers could make informed choices, when buying from an artisan. All this is done with the aim to eradicate poverty and improve the living standards of marginalized communities in a transparent and environmentally sustainable manner. How they are doing it and how we can help them meet these goals:
1. In about 100 - 300 words, write a blog post on Elevyn. It can be anything - the concept, shops, causes, artisans. Make sure to have a link back to www.elevyn.com 2. Stick an Elevyn banner in that blog post and/or on the side of your blog or website. Two winners will be picked based on:
1. The journalistic quality of the blog post. 2. Number of discussions and clicks on your banner. Contest duration: 23rd March - (12 noon) 6th April 2009 Prizes:
1. A free photography session with acclaimed photographer Anna-Rina (www.annarina.com) worth RM 1,400. Your photos and blog will be featured on the Tongue in Chic (www.tonguechic.com) website as well as on Elevyn (www.elevyn.com). 2. A complimentary jewellery set from Soning Craft & the Sinompuru Women's Group. (http://www.elevyn.com/shop/soningcraft) 3. A fully-sponsored, half-day "Meet the Artisans" trip to Carey Island in Selangor.
15
4th MSC Malaysia InnoTech “Ideas Launchpad” Interstate WCC's > International Women's day International Women's Day (8 March) is an occasion marked by women's groups around the world. This date is also commemorated at the United Nations and is designated in many countries as a national holiday. When women on all continents, often divided by national boundaries and by ethnic, linguistic, cultural, economic and political differences, come together to celebrate their Day, they can look back to a tradition that represents at least nine decades of struggle for equality, justice, peace and development. International Women's Day is the story of ordinary women as makers of history; it is rooted in the centuries-old struggle of women to participate in society on an equal footing with men. In ancient Greece, Lysistrata initiated a sexual strike against men in order to end war; during the French Revolution, Parisian women calling for "liberty, equality, fraternity" marched on Versailles to demand women's suffrage. The idea of an International Women's Day first arose at the turn of the century, which in the industrialized world was a period of expansion and turbulence, booming population growth and radical ideologies. WCC is a registered, tax-exempt, non-profit organization set up in 1985 to help women and children facing crisis, irrespective of race, religion, or social background. Our work is to provide immediate assistance for women needing crisis intervention, as well as to undertake programmes to promote gender equality in our society. This year they have come up with their own flavor to the theme of IDW : The Right to Choose, The Right to Change, The Right to Celebrate. What we aim to help them accomplish is in the wake of Penang Celebration of IWD to resound the key messages and get people to think about what these rights really mean and how they as individuals can enable these rights to be exercised. Getting people to put these rights in context of things that their mothers, sisters, wives, girlfriends, daughters, and grand daughters should be given the freedom to do and they currently are given the freedom to do.
16