VCs eye homegrown startups

Foo (gesturing) with (from left) Fuller Capital managing director Lai Yip Poon, DOERS general manager Michelle Yong and Grand Pine group managing director Lok Kok Khong.

ACCESS to financing is the number one priority when starting a business, but securing a loan from the banks without a track record or assets can be an uphill task.

Now, however, startups have alternative financing options without going to the banks, whether it’s angel investors, crowdfunding or a new venture capital fund by the Secretariat for the Advancement of Malaysian Entrepreneurs (SAME).