Tegas launches fundraising accelerator programme to support Sarawakian entrepreneurs

Tegas Fundraising Accelerator programme happening from Sept 29 to Oct 2.

KUCHING, Sept 9: Tabung Ekonomi Gagasan Anak Sarawak (Tegas), through its Tegas Digital Village, has launched the inaugural Tegas Fundraising Accelerator (TFA) programme to support the growth of startups and social enterprises in Sarawak, in line with the Post-Covid-19 Development Strategy (PCDS) 2030.

Tegas, in a media release, said it would partner with pitchIN, Malaysia’s largest equity crowdfunding (ECF) platform, for the programme.

pitchIN is a registered Recognised Market Operator with the Securities Commission of Malaysia and has assisted more than 140 companies that have raised more than RM240 million on its platform.

Deputy Minister of Urban Planning, Land Administration and Environment Datu Len Talif Salleh, who is also Tegas chairman, pointed out that the Tegas Fundraising Accelerator is a four-day programme designed to help Sarawakian entrepreneurs to learn everything about fundraising and get businesses into their best possible fundraising shape.

“We are thrilled to partner with pitchIN, Malaysia’s number one equity crowdfunding platform, in running this first-of-its-kind programme at Tegas Digital Village, in line with the PCDS 2030,” he said in the statement today.

The programme will run from Sept 29 to Oct 2 at Tegas Digital Village, covering topics such as Types of Funding, Investment Readiness, Fundraising Preparation, Campaign Preparation, Company Valuation, What Investors Want, Pitching & Presenting and Post Fundraising.

Participants selected for the programme will enjoy access to mentors and entrepreneurs who have raised funding and hear directly from investors.

Participants will also be exempted from onboarding fees worth RM2,888 when they raise on pitchIN after the programme.

pitchIN chief executive officer (CEO) Sam Shafie said the fundraising accelerator programme is one such avenue and provides the opportunity for Sarawakian entrepreneurs to learn everything about fundraising.

“We look forward to supporting Tegas in accelerating the growth of startups and social enterprises in Sarawak,” he added.

To apply for the programme, visit digital.tegas.org.my/tfa2022. — DayakDaily