Rockin’ Cradle Vol 4
Published 23 April, 2015
Happy second quarter!
FLYING FROM PAMPHLETS TO FOOD DELIVERY.
CRADLE’S CONNEXUS CREATES BRIDGE FOR ENTREPRENEURS TO SYNERGISE NETWORKSKUALA LUMPUR, 3 MARCH, 2014 – Early-stage technology start-up financier and influencer, Cradle Fund Sdn Bhd launched an exclusive online community to facilitate better networking and collaboration among its entrepreneurs and partners. Launched at Cradle’s annual Chinese New Year networking gathering, Cradle’s online community, ConnexUs, will break any barriers of communication betweenentrepreneurs and investors and allow them to synergise and collaborate on future projects. “Malaysian entrepreneurs are generally friendly towards each other and are keen to collaborate with a partner so that they can both add value to their ideas. But there are invisible obstacles that hinder them from doing so and we hope that ConnexUs can help make it less challenging,” said Nazrin Hassan, Cradle Chief Executive Officer. Nazrin said ConnexUs is an amalgamation of the words ‘Connect’ and ‘Nexus’ and is a play on the phrase ‘Connect Us’. “When we were searchingfor a brand name, we wanted something that represented a connection or a bridge between the entrepreneur and investor communities as well our other partners that would enable them to synergise,” he said. ConnexUsbrings together Cradle entrepreneurs, investors, partners as well as business mentors on a single online platform;offeringthem the opportunity to share their ideas and collaborate in a secure and user-friendlyenvironment. ConnexUs allows its members to view to each other’s profiles, which lists the nature of their business and the traction they have gained thus far. If an entrepreneur is looking to collaborate with another, they can drop each other messages to show their intent. Investors will also be able to follow prospect companies and will receive information on a particular company’s growth and progress to keep tabs on its development. “By having all these information available, both entrepreneurs and investors will have a better idea on how to further develop their business relationship,” Nazrin said. Cradle entrepreneurs as well as other partners and investors have lauded the introduction of ConnexUssaying that it is a good tool to keep entrepreneurs and investors connected. YusnoYunos, founder of event planning platform, Evenesis said ConnexUscomplements the many ground networking events that entrepreneurs attend to link up with other potential partners. “Networking is an important step to grow our businesses and a platform like this will definitely enhance the efforts of building a vibrant Malaysian entrepreneur ecosystem,” he said. Hideki Fujita, co-founder of CoEnt Venture Partners Pte Ltd, a co-investment partner of Cradle said that ConnexUscan speed up a company’s path to success by making it easier for them to reach out to each other. “Networking is important to a business but it is challenging to find the right people to collaborate with. Such a platform can certainly help with network building and connect entrepreneurs with the right partners,” he said. ConnexUs runs on Ukuya™ e-Community Platform, a managed online community system enabling higher levels of engagement, communications and connectivity for community members by providing interaction-based online and media applications and benefits. The Ukuya™ e-Community Platform is provided by Ukuya Sdn Bhd.
CGP CornerCalling all Cradle Recipients past and present! Did you know that you are eligible to apply for the Coach & Grow Programme (CGP) which is also administered by Cradle? The programme is available for Seed, Startup and Growth/Global Stage companies. If you are successful in obtaining the CGP, you get RM25,000 worth of coaching and training services which will be utilised over a period of 12 months. In November 2014, 126 companies graduated from CGP 2013-2014 signalling the completion of Season 2 of the Coach and Grow Programme. Since 2011, when the programme was first launched, a total of 861 entrepreneurs from 272 companies have completed the programme. The CGP is an acceleration programme for High Potential Tech Companies that have completed their prototypes and are making plans to Go2Market or companies that have already commercialised their products/technology but want to Scale and GoGlobal faster and more efficiently. CGP Alumni walk the talk and numbers don’t lie. In 2014, more than half the Growth Stage companies increased their revenues by 20% or more. More impressive is the fact that more than 1/3 of them increased their revenues by more than 100%. That’s not all, during the 12 month period, CGP participants in the GoGlobal Programme, cumulatively penetrated 27foreign markets. For a third of them, it was their first foray into a foreign market. The remaining two-thirds successfully penetrated additional markets. So what do you get as a recipient of the Coach & Grow Programme? 1) Training on Business Fundamentals with emphasis on show-how and implementation. 2) 1-2-1 Coaching sessions from experienced entrepreneurs / investors 3) The services of 2 dedicated coaches for 12 months 4) Coaching sessions that focus on EACH company’s individual needs 5) Value added sessions from Industry Professionals 6) Peer-to-peer sharing sessions and networking Want to know more? Sign up at http://goo.gl/forms/ckQc8Lf5pG for our briefing session on the 28 April 2016 and hear from past Cradle Recipients who have participated in the CGP and achieved phenomenal results. You can also apply directly for Intake 1 at www.cgp.com.my. Application deadline is 30 April 2016.