Izwan & Partners is delighted to be appointed as the legal partner to the newly launched Founders Grindstone, a funding initiative by Malaysia Digital Economy Corporation (MDEC), a government agency promoting the digital economy together with Draper Startup House Ventures (DSH), a global workspace for entrepreneurs.
Founders Grindstone is a six-month programme, consisting of three blocks of intensive workshops conducted by professional partners from venture capital firms, equity crowding operators, startup-centric media and the legal practice.
Apart from mentorship and advisory, Founders Grindstone also offers the opportunity to leverage funding platforms of the partners on-board, granting entrepreneurs access to investment offerings by the global funding network.
Izwan Zakaria, the managing partner of Izwan & Partners said:
“We are so glad to be working closely with MDEC and Draper Startup House this time round to help more startups get funded. As a technology and startup focused law firm, we regularly act for bootstrapped startups to venture-backed companies with a full understanding of their struggles in securing funds. We are confident that this crucial initiative by MDEC will not only prepare founders to be fundraising-savvy but also promote Malaysia as a preferred investment destination.”
The first block of workshops will be conducted virtually by MDEC and DSH on 15 July 2020, where participants will be guided on the creation of effective pitch decks and the art of persuasive storytelling. After the workshop, startups are eligible to submit their pitch decks on the DSH Ventures platform – 20 chosen startups will be invited to pitch in the coming weeks. The top 10 startups will be initiated to famed Draper Ventures Network, providing founders with access to 23 global funds.
Registration is now open to Malaysian based startups of all growth stages to participate and additional information is available at https://www.malaysiadigitalhub.my/virtualfunding