We organized a passion pitching event on 28th June 2014. However, we mistakenly put the event date on Eventbrite as 28th July 2014! When we discovered the error later, the event already attracted over 20 participants, thanks also to Malaysian Global Innovation & Creativity Centre (MaGIC) for listing the event on their web site.
Incidentally, 28th July was the first day of Hari Raya. We hesitated whether to organize something for the registered participants or not. Finally we decided to proceed with the event and gave the event slot to angel investor network Capital.com.my, who successfully organized Pitch ‘n’ Win CAPITAL #4 on that day.
The afternoon session in event space Trep Alley was started with everyone introducing himself or herself. This was also an opportunity for participants who have not registered to pitch to share about themselves.
William Tan of Capital.com.my then introduced about his angel investor network and also Sticky Angels Investor Club (SAIC) just launched to gather investors and entrepreneurs on a new platform.
6 entrepreneurs then took the stage one by one and shared about their idea. Each of them spoke for 5 minutes and then took questions from the audience for another 5 minutes. The businesses proposed included training, online platforms and mobile apps.
A quick round of voting was done to choose the most interesting presenter. Then Dr Loi then responded to the pitches and ideas presented. He gave valuable street-smart advice to each entrepreneur.
Dr Loi sharing valuable advice to pitchers
Based on the feedback gathered after the event, the advice by Dr Loi was already worth their attending the event. He shared what investors are looking for, and how entrepreneurs should mould their business model and investor pitch to be acceptable by investors.
The pitch winner was Steason Tee, a student in finance from HELP University College. He was invited to speak for a further 10 minutes on his interesting idea to build a mobile app to help car owners in case of car breakdown.
The networking went on for another hour after the event. We could have canceled the event but fortunately we chose to organize it that the session turned out to be a beneficial one for most if not all who participated.