Do you have an awesome business proposal but don’t have the money to fund it? Well search no longer because MyEG is bringing you a new reality show called “Make the Pitch”.Make the Pitch is a reality show where contestants come up with awesome business ideas and pitching them in the hopes of convincing the judges to fund your project. From what I heard in the TV commercial, the funding amount is up to RM500K.I’m guessing this would be a reality show similar to to “Sejuta Impian”, only that Sejuta Impians funding money is somewhat stingy at best. There was this team who wanted to make a portal on Indie music and only got RM10K for it. I dont know about you, but RM10K really is not a lot of money.
If you are wondering who are the funders, they are :
- MyEG Services Berhad
- and Cradle Fund Sdn Bhd
But all is not good news. The funding has a price. you will have to give a portion of shares of your company to the funders. In short they are Venture Capitalists. It’s doesn’t necessary mean that its bad though. You can still consider your options and if you don’t mind giving a stake of your company to them (because you can move forward without them anyway) then I guess there’s nothing wrong about it.
If you want to know more about this show or to download the registration form, go to http://v2.myeg.com.my/makethepitch
Good Luck applying!