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Old 5th July 2008, 12:28 PM   #1 (permalink)
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I need some folks to advise...

Hey guys, I've been developing a darn idea that has got to do with IT. Been developing it since last year and have been to lots of business plan competitions, and have won a few. I actually went there as a side guide to finding more investors who happen to be in my presentation or something.

I bet you guys are successfully running businesses, be it small shops or large corporations, I needa know of a way where I can propose to VCs or angels to fund my project. Grants would do to (well it's hard for grants I heard). I know I should not give up but it would really help if I get some useful tips from some people from this community.

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Old 5th July 2008, 01:31 PM   #2 (permalink)
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Re: I need some folks to advise...

Besides participating in business plan competitions to pitch your idea, have you been active on business and entrepreneurship forums and associations?

There are many events which you can attend and participate to network, such as networking sessions, be it formal or informal. For all you know, you may come across a VC, angel or business person with deep pockets who may consider giving your idea or project a deeper consideration and give you a shot at it.

If your idea of IT is on Interactive Digital Media (IDM) then you can approach MDA and the IDM incubators in it's network.

Off hand, I can think of ACE and another non-profit organisation known as Project:Senso which has deep links and wide network with VCs, angels and business-people. If you're interested, PM me. I have their website and forum address.


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Old 5th July 2008, 01:33 PM   #3 (permalink)
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Re: I need some folks to advise...

Originally Posted by Shazwi View Post
Hey guys, I've been developing a darn idea that has got to do with IT. Been developing it since last year and have been to lots of business plan competitions, and have won a few. I actually went there as a side guide to finding more investors who happen to be in my presentation or something.

I bet you guys are successfully running businesses, be it small shops or large corporations, I needa know of a way where I can propose to VCs or angels to fund my project. Grants would do to (well it's hard for grants I heard). I know I should not give up but it would really help if I get some useful tips from some people from this community.
try Spring SG...
they mite b able to help....


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Old 5th July 2008, 02:33 PM   #4 (permalink)
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Re: I need some folks to advise...

wow... ok ... will try all of it... particularly interested in the networking thingy... will be interesting... hmm...

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Old 7th July 2008, 03:59 AM   #5 (permalink)
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Re: I need some folks to advise...

Originally Posted by Shazwi View Post
wow... ok ... will try all of it... particularly interested in the networking thingy... will be interesting... hmm...
u mean...
networkin as in MLMs???


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Old 7th July 2008, 04:48 AM   #6 (permalink)
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Re: I need some folks to advise...

Patent your idea first.

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Old 10th July 2008, 04:36 AM   #7 (permalink)
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Re: I need some folks to advise...

any update from TS????
hope u r doin fine....


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Old 10th July 2008, 04:19 PM   #8 (permalink)
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Re: I need some folks to advise...

Originally Posted by davidkwankk View Post
u mean...
networkin as in MLMs???

Nah.. Ive tried MLM and yeah made some money out of it... not so bad but this is way not related to MLM...

Originally Posted by Hirakawa View Post
Patent your idea first.
I would if I could... What they say in the online platform... Your idea may be darn good... But just a slight change of coding here and there... And they can claim its theirs...
And I know my idea should be patented...its smth to do with Web2.0 btw...

Originally Posted by davidkwankk View Post
any update from TS????
hope u r doin fine....

Yeah! Ive joined forums like projectsenso ( which i did not know long ago )... and got a few contacts that i can discuss this with (of cos not letting the cat out of the box )... they also said they had a VC there!!! Fingers crossed!


Last edited by Shazwi; 10th July 2008 at 04:20 PM.
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Old 10th July 2008, 05:53 PM   #9 (permalink)
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Re: I need some folks to advise...

Congrats on successfully finding a potential VC and some contacts who you can work your ideas on.

Looking forward to hear more great and exciting news from you!

Cheers!

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Old 10th July 2008, 11:11 PM   #10 (permalink)
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Re: I need some folks to advise...

will post another thread if i get successful in starting... after that it will be another process altogether... preparing for the best! Thanks for your help dudes

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Old 11th July 2008, 02:42 PM   #11 (permalink)
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Re: I need some folks to advise...

Originally Posted by Shazwi View Post
Nah.. Ive tried MLM and yeah made some money out of it... not so bad but this is way not related to MLM...

I would if I could... What they say in the online platform... Your idea may be darn good... But just a slight change of coding here and there... And they can claim its theirs...
And I know my idea should be patented...its smth to do with Web2.0 btw...

Yeah! Ive joined forums like projectsenso ( which i did not know long ago )... and got a few contacts that i can discuss this with (of cos not letting the cat out of the box )... they also said they had a VC there!!! Fingers crossed!
good to noe tat u r movin ahead..
jia you...


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