EDITION
  • English
  • 中文
  • Bahasa
  • eCommerce
Tuesday, January 31, 2023
uLearnMoney Subscription Events
No Result
View All Result
Money Compass

EDITIONS:

Media and partner organizations:

cmc bmc ulearnmoney mylife mcm
  • HOME
  • NEWS
    • Global Market News
    • Local Market News
    • Corporate News
    • PLC News
  • SPECIAL FEATURE
  • COMPASS
    • Financial
    • Investment
    • Start Up
    • Capital
    • Infographics & Quotes
  • MONEY TUBE
  • LIFESTYLE
  • PR NEWSWIRE
Subscription Newsletter
Money Compass
  • HOME
  • NEWS
    • Global Market News
    • Local Market News
    • Corporate News
    • PLC News
  • SPECIAL FEATURE
  • COMPASS
    • Financial
    • Investment
    • Start Up
    • Capital
    • Infographics & Quotes
  • MONEY TUBE
  • LIFESTYLE
  • PR NEWSWIRE
No Result
View All Result
中文 Bahasa eCommerce
Money Compass

Startup companies looking for funding are advised to sort out financial data

by moneycompass
April 30, 2021
in Local Market News
startup
Share on FacebookShare on WhatsApp

KUALA LUMPUR – Local startup companies who are looking at acquiring funds or grants for commercialisation of businesses are advised to ensure their credit scoring and personal finance are in good condition to help attract investors, reported Bernama.

Vice-president, business and technology advisory of Malaysia Debt Ventures Bhd (MDV), Zuhry Rashid said potential investors would like to have the full picture of the startup business before making a decision to provide investments or financing.

“There are a few data points that we (investors) look forward to seeing in your startup business operation and one of the key points will be the financial data.

“We would rather have an estimate or a good overview of what is your fundamental data points such as breakeven point that help sustain the business towards increasing the paying customers,” he said in a webinar entitled ‘Financing the Future: Investing in Creating and Building Digital Business Models’ organised by Cyberview Sdn Bhd on April 27.

Zuhry said the other data points for startups to pay attention to before applying for financial aid are revenue models which will help business with sustainability in terms of cash flow, commitments to investors, growth plan and related marketing activities.

“When you come up with your business proposal or business plan, try to be as realistic as possible because there will be a lot of concern if these things are not addressed realistically,” he added.

Meanwhile, Cyberview’s head of technology hub and development division Shafinaz Salim said the tech hub developer provides specific intervention programmes or facilitation via Cyberview Living Lab Accelerator (CLLA) programme to help startups grow their businesses.

“Through the alternative funding offered by MDV, it will also help the startups to have access and understand better of the emerging tech and innovation and eventually be able to access the process,” she added.

 

Read more: 6 Tips and Tricks for Video Calls & Virtual Meetings in the New Norm

Tags: businessFinanceMalaysia Debt Ventures Bhd (MDV)startup
ShareSendShareSendTweetShare
Previous Post

The 3rd Culture & Tourism Industry Development Conference of Longyan Opens in Changting, Fujian

Next Post

SC: MyCIF co-invested RM165 million benefitting over 1,000 MSMEs

Related Posts

Corporate News

JCorp Officially Launches JLand Group (JLG) to Capture Opportunities in New Economy Real Estate

18 Jan 2023
Local Market News

PETRONAS allocates RM322 million contract to Muhibbah

08 Dec 2022
MDEC
Local Market News

MDEC: Malaysia is a popular investment location for Chinese investors

08 Dec 2022

Discussion about this post

MOST POPULAR

  • The 12th International Conference on Financial Crime and Terrorism Financing (IFCTF) 2022 saw Bank Negara Malaysia's (BNM) governor talk about the ringgit's status.

    Malaysian ringgit ranked as cheapest currency in region

    0 shares
    Share 0 Tweet 0
  • Top 100 SMEs Defy Economic Headwinds to Post Triple-Digit Growth

    0 shares
    Share 0 Tweet 0
  • How to Start Trading on the Malaysian Stock Market

    5 shares
    Share 5 Tweet 0
  • FORTUNE RELEASES ANNUAL FORTUNE GLOBAL 500 LIST

    0 shares
    Share 0 Tweet 0
  • 10 Ways to Curb Overspending

    1 shares
    Share 0 Tweet 0

MEMBERSHIP SUBSCRIPTION

Subscribe Now

Sign Up for Our Free Newsletters

Stay up-to-date with the latest personal wealth-related articles, breaking financial market news, and more.

Follow us on Social Media

News
Special Feature
Compass
Money Tube
Smart Lifestyle
Corporate Profile
Advertise
Subscriptions
Career
Contact Us
eLearning
Events
Privacy Policy
Terms of Use
Strategic Partners

Copyright © . Money Compass. All Rights Reserved.

Design and Development by Ant Internet Sdn Bhd

No Result
View All Result
  • HOME
  • NEWS
    • Global Market News
    • Local Market News
    • Corporate News
    • PLC News
  • SPECIAL FEATURE
  • COMPASS
    • Financial
    • Investment
    • Start Up
    • Capital
    • Infographics & Quotes
  • MONEY TUBE
  • LIFESTYLE
  • PR NEWSWIRE

© 2020 Money Compass

Career

SUBSCRIBE FREE NEWSLETTER