Guides • 06 May 2021
As an extension of our ongoing support for founders with their fundraising strategy, we’ve compiled a list of resources that will be useful for those seeking to grow beyond capital.
Whether you’re a founder running a business model that is B2C, B2B, SaaS, PaaS, or service-oriented, all startup companies will evolve based on their own business and fundraising lifecycles—from seed to growth to maturity. While each stage entails varying levels and types of opportunities and challenges, finding the footing to survive the early stage of growth is crucial for any founder. After analysing over 4,000 fundraising opportunities, our team at Fundnel have personally witnessed the range of support early stage startups require beyond financial capital.
As an extension of our ongoing support for founders with their fundraising strategy, we’ve compiled a list of resources that will be useful for those seeking to expand their network, access alternative forms of capital, prepare for an institutional fundraise, or expand their presence into markets within Southeast Asia.
Select the links below to access resources based on where you are located:Singapore
Meet Fundnel's Partners
We've also launched Fundnel's Partner Network — a resource for startup founders to access support beyond capital. From networking, to learning opportunities, business development, or access to working capital, we hope to bring further value to our fundraiser community.
Serving as the APAC headquarters for their investments and innovation platform, Plug and Play’s aim is to connect the best technology startups and the world’s largest corporations through accelerator programs, corporate innovation and venture capital. Their focus areas include Fintech, Insurtech, Travel and Hospitality, Sustainability and Health.
Antler is a global early-stage VC which invests in entrepreneurs to build the companies of tomorrow. They help their founders from the ground up, from creating a strong co-founding team, to validating their business model, and providing founders with access to investors through their demo days. Founders receive a grant per month in the first phase and only need to pay a cost should they successfully receive an investment.
As the government agency focusing on enterprise development, Enterprise Singapore works with Singapore-based companies to build their capabilities, innovate and internationalise with the aim of developing Singapore as a hub for global trading and entrepreneurship. They’ve also developed a convenient compilation of government assistance for local companies:
- Financial assistance – grants for startups, companies and partners
- Non-Financial – through digital and growth partnership programmes, business toolkits, talent attraction and development, guides and more
Another government initiative is StartupSG, established to bring the local tech startup ecosystem closer together to open avenues for partnerships – they have several programmes to explore from funding, accelerators and incubators and talent sourcing.
Startups may also be interested to explore Deal Fridays – a series of curated matchmaking sessions between targeted investors and startups for dealmaking opportunities tailored to sectoral themes. Jointly organised by Enterprise Singapore and the Monetary Authority of Singapore, Fundnel partnered with Deal Fridays last year, supporting participating startups with one-on-one pitching workshops, and providing access to sector insights for family offices and angel investors.
Created by the Singapore Academy of Law and Singapore Venture Capital and Private Equity Association, VIMA comprises a set of template agreements which can be used in seed rounds and early stage financing. Ranging from NDAs to term sheets, you can download them directly from the website, access videos describing the agreements provided and read more on their usage.
A government agency established to drive the growth of Malaysia’s digital economy, MDEC focuses on empowering locals with digital skills, enabling digitally-powered businesses, and driving digital sector investments. Check out their various startup-related programmes from eCommerce education and tools, initiatives to globalise tech companies, and alternative funding avenues.
Also a government agency, MaGIC strives to build a startup and social enterprise ecosystem through capacity development programmes and funding opportunities. They run an accelerator, provide mentorship facilities, and host a range of educational events, programmes and initiatives for startups of various stages. Plus, if you’re a company focused on sustainability and creating social impact, they have resources for you too. Explore their comprehensive list of products and services from public and private organisations.
The world’s largest pre-seed accelerator has a chapter in Kuala Lumpur open to Malaysian founders — whether you’ve just developed an idea, formed a team, at the MVP stage or established a company that has yet to secure seed funding. Headquartered in Silicon Valley, they’ve established chapters across 90 countries.
A networking community for youths in the corporate and business sectors, they run social and formal events and activities focused on development and skills in various fields. With over 13,500 members in their network across multiple industries, it’s a convenient avenue for building connections and finding relevant talent for your startup.
For tech startups, the Cyberview Living Lab Accelerator by Finnext Capital could be for you. They take no equity and though preferences lie in startups in the field of FinTech, Internet-of-Things (IoT), Robotics & Artificial Intelligence (AI), and Retail Technology, they are open to all technology applications within other industries. It’s a 5-month programme which provides participants a free co-working space, value-added services and a demo day with investors.
Part of Shinhan Future’s Lab in South Korea, they provide a 14-week accelerator programme, take no equity, offer working space support, connection with partners and investment opportunities from Shinhan Financial Group or external investors.
Invited by President Jokowi, Plug and Play Indonesia serves to establish an ecosystem of startups, investors, corporations and more. They offer an accelerator program that takes no equity, caters to all stages, and provides startups with global investor reach. With over 220 corporate partners and an in-house Venture Capital arm, startups stand to gain corporate clients as well as funding.
e27 has evolved from a tech media publisher to building a digital community of startups, investors and potential employees. Access information and content on the tech startup ecosystem, create a profile for your company to reach potential investors, increase your startup’s visibility across the region, network with the active community and discover talent through listing job openings.
Gain insights into different industries we’ve covered in our blog and check out our ‘Guides’ tab for useful tips and advice for startups who are seeking fundraising opportunities.
We hope this compilation was helpful and if you have any suggestions on resources to include, please feel free to submit them to email@example.com.
This article is intended for general informational purposes only. It is not, and should not be construed as, any form of financial, investment, tax, or other professional advice provided by Fundnel Pte. Ltd. ("Fundnel") to any person who is directed to or otherwise accesses this article, including yourself. You are responsible for seeking professional advice before making any investment decision. Fundnel is not responsible for any loss you may sustain in relying on this article.