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FAQ’s – Ideas2Invest
Venue: Level 3, TM Convention Centre (next to Menara TM)
Jalan Pantai Baharu, Kuala Lumpur
(Only 2 minutes walking distance from Kerinchi Station, LRT Kelana Jaya Line)“IDEAS TO INVEST” or i2i
, is an event organized by Cradle Fund Sdn Bhd, in association with Angels Den. The main objective of the event is to bring together ICT product developers and entrepreneurs (Founders) with potential high-net worth investors (angel investors), to give the founders & developers an opportunity to raise early stage capital, and to ‘expose’ new and budding angels to the vibrancy, excitement and potential opportunities of the technology start-up environment.Set in a relaxed atmosphere, Founders and Investors will be supported by Cradle investment analysts and Peer Coaches to develop and launch on-line-based products/services (web-based, apps etc.) for immediate market validation. The team(s) behind the winning product(s)/service(s) shall receive grant funding from Cradle, as well as have the potential opportunity to attract investment from early-stage equity partners and angel investors. i2i will also have corporate partners from local and global technology companies to provide real-life industrial perspective on the product design and business modeling process, and potentially offer commercial partnering to assist opportunities they see as having a good strategic fit.
The event is spread over nine days, as briefly outlined in the following table:
The theme for the inaugural edition of i2i is Cloud-based products and services. Cloud computing is one of today’s most exciting advances in web technology, mostly due to its cost efficiency and usage flexibility. Cloud computing is the most rapidly growing segment in the top five software companies’ sales revenue and the market as a whole: International Data Corporation (IDC) forecasts the market to reach USD $20.6 billion by 2014, representing a compound annual growth rate of 20.4%. It also states that by 2014, about 34% of all new business software purchases will be consumed via Software as a Service (SaaS), and SaaS delivery will constitute about 14.5% of worldwide software spending across all primary markets.
The i2i event will be held from the 4th to 12th October 2013, as a satellite event to the 4th Global Entrepreneurship Summit which is to be held in Kuala Lumpur for the very first time.
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