Sinwattana Corporation Ltd โพสต์ใหม่สิ่งนี้
Board & C-Suite | Ph.D. Researcher | Sloan Fellow | Digital Strategy | Transformation Leadership | Venture Capital | SMEs & Start-Ups
Refer link: "More managed private, public sector collaboration and local talent development needed to build startup ecosystem" https://lnkd.in/gyZXTqyR “Malaysia Venture Capital Management Berhad Chief Operating Officer, Noor Amy Ismail said the redirection of investment's focus towards seed and angels will be a game changer to generate better and high quality start-ups. Apart from funding, Amy pointed out, in order to make the ecosystem flourish there needs to be involvement from different sectors. "It is not that there are no ongoing collaborations, there are a few, here and there but we need it to be better managed and streamlined. We cannot do this on our own and we definitely need partnerships to support the national agenda," she told the New Straits Times. She said public and private partnership would create bigger ripple effects and that this will eventually lead to better conversation about funding and capacity building. "We want the ecosystem to be inclusive, where we get to interact with corporate companies and conglomerates and to exchange ideas and create bigger funds. "As a venture capital management company we noticed that we are struggling in keeping a startup in the country in terms of the investment and need more funds so that we can maintain any growing startup to remain domicile to the country," she said. Amy added that another key element in building a good ecosystem is through the education system. "We need to be able to nurture talent from the grassroot level and expose younger generations to concept of start-ups so they can start thinking about the best solution to solve a societal problem using technology,"she added. In terms of investment, MAVCAP is a government agency which part of its mandate is to invest (via fund-of-fund) in start-up companies within series A and series B which comes with a valuation of up to US$300 million.