Right now, Malaysia is a hotspot for entrepreneurs. There are a lot of variables that come into play when starting up a new business. A question that often comes to mind is, “How am I going to fund my new business?”
The Malaysian Business Angel Network (MBAN), currently has 134 registered angel investors with an estimated total combined income just shy of 30 Million USD. Recent pitch events held by MBAN suggest that the interest for angel investments is strong.
Razif Abdul Aziz, Executive Director of MBAN stated that “Angel investments are thriving, as the startup ecosystem is more vibrant than it was 10 years ago.”
Strong angel investing, coupled with the rise in coworking trends across Asia, create the perfect formula for entrepreneurs to startup a business in Malaysia.
If your business model allows, moving your office to the latest country hotspot for entrepreneurs may be the answer on how our new business is funded.