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KUALA LUMPUR: Cradle Fund Sdn Bhd is targeting for 10% of its successfully groomed grant recipients to scale up and become regional players.
PETALING JAYA: The government is likely to reorganise the various funds that were set up to venture into businesses related to the new economy, following their below par performance. This came about after it was discovered that some of the funds were not able to pay back the amounts due to the government, even after many years of restructuring efforts.
KUALA LUMPUR: Cradle Fund Sdn Bhd’s (Cradle) Cradle Investment Programme (CIP) has contributed RM3.4bil to Malaysia's GDP, created 80,600 full-time jobs and attracted RM1.3bil in private and foreign funds.
BUDGET 2018, themed “Shaping the Future”, is expected to focus on innovation and digital economy and I hope it will take a holistic view in crafting effective measures to spearhead digital initiatives.
KUALA LUMPUR: MyCash Online, a financial technology (fintech) start-up, has raised RM1.3mil in its equity crowdfunding (ECF) campaign within 24 hours via pitchIN, the national crowdfunding platform.
PETALING JAYA: Equity crowdfunding (ECF) in Malaysia is expected to be more vibrant in 2018 as its acceptance and awareness among investors and issuers are seen gaining momentum this year.