Venture Capital
MTDC very much an ecosystem player
Track record sees it getting new funds where other agencies funds are cut
Unused VC funds of up to RM50m to be transferred to new Khazanah firm
When Digital News Asia meets Norhalim Yunus, chief executive officer of the Malaysian Technology Development Corporation (MTDC), he launches into a spirited defense of the fund he has been CEO of since 2008.
AIM to invest US$6.7 million into three Malaysian companies
It was a big day for Agensi Inovasi Malaysia (AIM), a statutory body set up by the Malaysian Government to fuel the push towards establishing an “innovation economy, as it signed three term sheets with three of the five companies it plans to invest in.
Creative industry: Will govt get serious about quality?
The Malaysian Government has pumped in money into the creative content industry in the hopes that it will become a growth industry, but something unhealthy happened: The same people were applying over and over again.
We need a kick up the you-know-what, says angel investor
The feeling on the ground is that Virtuous Investment Circle, announced with much fanfare in 2010, has not made any investments at all. Its founder Bob Chua vehemently denies this, but admits it should do a better job in sharing what it is doing to live up to its promise of “passionately creating a vibrant ecosystem for angel investing.”
