MBAN Summit 2022 highlights need to close early stage funding gap in Malaysia

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The MBAN Angel & Corporate Investment Summit highlights the need to close the early-stage funding gap and how corporations and institutional investors are getting more involved in the early-stage startup ecosystem either through investment or adoption

Corporations, institutional investors more involved in early stage ecosystemOne of the most anticipated events in the Malaysian investment community, the MBAN Angel & Corporate Investment Summit was presented by the Malaysian Business Angel Network on the 23rd and 24th of June at Mranti Park, Kuala Lumpur.

The variety of representation from the different stakeholders of the ecosystem provided depth to the discussions and gave the audiences a glimpse of the dynamics that make a startup ecosystem successful. “We definitely feel that corporate involvement in the startup ecosystem will fuel further growth and investment. In fact, it is much more than that, it will bridge a gap that no others can. Corporations bring to the startup ecosystem great value, such as market access, capital, mentorship, market testing, and many others,” he added.

Other summit highlights include the memorandum of understanding exchange between MBAN, represented by Peter Wee, Honorary Secretary MBAN and the Sarawak Digital Economy Corporation represented by Sudarnoto Osman, CEO SDEC. This exchange was followed by the announcement and launch of the Sarawak Chapter of the Malaysian Business Angel Network and the introduction to its Protem Committee, spearheaded by Patrick Liew, Chairman and Ir.

Source: News Formal (newsformal.com)

 

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