18 Feb '11, 5am

Malaysian accelerator Alphapod wants to help you build your ideas, and there's no catch, it says. by @johnlim

Malaysian accelerator Alphapod wants to help you build your ideas, and there's no catch, it says. by @johnlim

Of course, there are seed and pre-seed funds for entrepreneurs here, but they’re more skewed towards funding than mentoring. Even MDeC (Multimedia Development Corporation) is guilty of this – the only contact for its successful pre-seed grant applicants is the account manager, who handles close to 80 accounts. Their KPIs too, aren’t focused on the right points – it’s more focused on creating jobs and MSC-status companies, rather than the product being successful or commercialised. In quarterly meetings, for instance, account managers take whatever is said at face value and that’s it – there’s little networking and support beyond that.

Full article: http://e27.sg/2011/02/18/malaysias-alphapod-helps-you-wit...

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