Entrepreneur Challenge Competition Offers the Winner RM25,000 in Angel Investment

Aug. 24, 2009 - PRLog -- The Global Entrepreneureship Week, in short, the GEW has been one of the leading and largest movement that promotes entrepreneurship activities and help unleash new business ideas globally. From 16 to the 22 November every year, various activities and events are held to promote and encourage the entrepreneurism spirit by companies and individuals that partnered with the respective country host. Currently there are over 100 countries that is involved in the Global Entrepreneurship Week.

Proficeo Consultants Sdn Bhd is one of such partners with the Malaysian GEW Host, Warisan Global Sdn Bhd. Last year, Proficeo hosted an event called the Lemonade Stories which feaures videos of successful entrepreneurs such as Sir Richard Branson among others. This year, the company is hosting an entrepreneur challenge competition that offers the winner RM25,000 in angel investment money called the Angels and Dragons™.

The Angels and Dragons™ competition’s participation is open to entrerpreneurial ventures from 3 countries, namely Malaysia, Singapore and Indonesia. The competition’s objectives are to promote entrepreneurism and to provide a platform for entrepreneurial ventures to showcase their innovativeness, marketing savviness and business proposition to  potential investors, customers and the market in general.

The competition is divided into three stages. In the first stage (24th Aug – 9th Oct 2009), participating companies are equired to create and implement a campaign that promotes or foster entrepreneurship, social causes or create a change in people’s life. The companies are then required to shoot a video of their campaign and upload it to YouTube, linked it to Angels and Dragon™s website at www.angelsanddragons.com and worked towards getting the highest viewership for their videos. The top 30 companies will then get to participate in the second stage of the competition.

In the second stage of the competition (10th Oct – 9th Nov 2009), the top 30 companies are to shoot a 1 minute video pitch of their business and upload them on YouTube and linked them to Angels and Dragons™ website – www.angelsanddragons.com. The companies must then worked towards getting the highest number of ‘thumbs up’ public votes for their business video pitch.

The Hot Five companies from this Stage will get to do a live pitch to compete for the RM25,000 angel investment for their business in Kuala Lumpur, Malaysia on 21st November 2009, which is in the GEW week itself. The Angels and Dragons™ Live Pitch session is an event open to entrepreneurs and investors to attend which gives the hot five companies opportunities to network for business and capital investment for their business.

This competition is unique because it uses the power of Web 2.0, crowdsourcing for their favourites and it exposes these participating companies to a large internet audience which help them market their business and solutions. Angels and Dragons™  is also an innovative format for helping the angel and venture capital community to identity some of the best potential companies for investments.

Interested companies from Malaysia, Singapore and Indonesia can obtain more information and register themselves for participation at the Angels and Dragons™ website at www.angelsanddragons.com. This competition is also supported by the Technopreneurs Association of Malaysia (TeAM).

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Proficeo Consultants is a leading entrepreneurship training and coaching company based in Kuala Lumpur, Malaysia.