Business Start-up Fund (BSF) is established to fund new start-up technology-based companies. The Fund incorporates elements of loan and equity, offering companies flexible funding via Convertible Promissory Notes (CPN) and/or Preference Shares.
BSF is designed to provide funding to scalable and viable technology based start-up companies with the objective to remove the financial blockages in achieving the business goals and matching the business standard and high level of competition, particularly in the growth sectors of the economy.
“Start-up Financing is not just about raising funds, it is a holistic process that involves the development of dynamic business planning with feasible growth targets and quantifying the potential exit return for high-risk investor.”
– Mohd Jerry Tan, Vice President