SiTF, in collaboration with our Malaysian counterparts, PIKOM, organized its first cross border pitching session with some 25 angels/investors/incubators turning up for a speed date with 17 startups. The investor group comprises an array of renowned names in the region including Jungle Ventures, Fatfish Medialab, TNF Ventures, Crystal Horse, IDM Venture Capital, August Capital Partners, Stream Global, Basis Bay Group (from Malaysia) and numerous individual angels from Singapore and Malaysia.
Eddie Chau, Chairman of SiTF and Founder of Brandtology kicked off the session, sharing a few words on the important role that startups and investors play in the ecosystem. Similarly, SiTF’s 123JumpStart aims to support this very ecosystem through such matchmaking events between startups and investors in addition to the various other programmes and initiatives to achieve this goal.
The session commenced with each startup being given exactly 6 minutes to pitch their ideas and charm the investors before moving onto the next table. Name cards were quickly given out before the startups swiftly launched into their pitch on why they are that special one for the investor. It was a fast and intense session of exchange between the startups and the investors, with each startup hoping to come away from with a “golden ticket” of a follow up session with the investors.
After each startup had completed their round of pitches, the participants proceeded for a nice and simple lunch to network and mingle with each other. Investors also took this opportunity to talk in more details with the startups that interest them earlier on.
At the end of the day, participants also managed to get their hands on “The Lean Startup,” courtesy of venue sponsors, Amazon Web Services. The results of the speed dating are being compiled and the participants will be informed by the matchmakers (SiTF 123JumpStart) on any successful match being formed.
The event was a great deal of fun. Do keep a lookout for the next session, which will be held in Malaysia.
For more photos, do check out SiTF’s Facebook page.
This post has been brought to you by 123JumpStart.