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MSC Malaysia IHL MSC Malaysia IHL MSC Malaysia IHL MSC Malaysia IHL Business Plan Business Plan Business Plan Business Plan Supported by : (MIBPC) 2011 (MIBPC) 2011 (MIBPC) 2011 (MIBPC) 2011 - - - Background Info Background Info Background Info Background Info Organised by :

MIBPC Competition Background

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Page 1: MIBPC Competition Background

MSC Malaysia IHL MSC Malaysia IHL MSC Malaysia IHL MSC Malaysia IHL Business Plan Business Plan Business Plan Business Plan

Supported by :

(MIBPC) 2011(MIBPC) 2011(MIBPC) 2011(MIBPC) 2011

---- Background InfoBackground InfoBackground InfoBackground Info

Organised by :

Page 2: MIBPC Competition Background

MIBPC BRIEF INFO

Collaboration between Multimedia Development Collaboration between Multimedia Development Collaboration between Multimedia Development Collaboration between Multimedia Development Corporation (Corporation (Corporation (Corporation (MDeCMDeCMDeCMDeC), MOHE & all Universities/College ), MOHE & all Universities/College ), MOHE & all Universities/College ), MOHE & all Universities/College Universities in MalaysiaUniversities in MalaysiaUniversities in MalaysiaUniversities in Malaysia

First competition was held in 2004First competition was held in 2004First competition was held in 2004First competition was held in 2004

OrganisedOrganisedOrganisedOrganised by the National by the National by the National by the National UnipreneurUnipreneurUnipreneurUnipreneur Development Development Development Development unit (NUDP)unit (NUDP)unit (NUDP)unit (NUDP)unit (NUDP)unit (NUDP)unit (NUDP)unit (NUDP)

NUDP’s mission:NUDP’s mission:NUDP’s mission:NUDP’s mission:---- To harness the talents in Malaysian To harness the talents in Malaysian To harness the talents in Malaysian To harness the talents in Malaysian Universities and develop university entrepreneurs, Universities and develop university entrepreneurs, Universities and develop university entrepreneurs, Universities and develop university entrepreneurs, providing them with the necessary resources and providing them with the necessary resources and providing them with the necessary resources and providing them with the necessary resources and opportunities to opportunities to opportunities to opportunities to realiserealiserealiserealise their full commercial potentialtheir full commercial potentialtheir full commercial potentialtheir full commercial potential

Page 3: MIBPC Competition Background

MIBPC OBJECTIVES

Page 4: MIBPC Competition Background

HISTORY OF PARTICIPATIONHISTORY OF PARTICIPATIONHISTORY OF PARTICIPATIONHISTORY OF PARTICIPATION----Idea Generated from the competitionIdea Generated from the competitionIdea Generated from the competitionIdea Generated from the competition

350

400

450

500

354

452

No of IHL Business Idea Business Plan

0

50

100

150

200

250

300

2004 2005 2006 2007 2008 2009

5 1121

3143 43

200

111

167

267

31 32 21

76

172

210

Page 5: MIBPC Competition Background

BENEFITS OF COMPETITION

Competition Competition Competition Competition PrizesPrizesPrizesPrizes

Access to Access to Access to Access to Training, Training, Training, Training, Funding & Funding & Funding & Funding & Product Product Product Product

DevelopmentDevelopmentDevelopmentDevelopment

Creation of New Creation of New Creation of New Creation of New ICT SMEsICT SMEsICT SMEsICT SMEs

Page 6: MIBPC Competition Background

SCOPE OF COMPETITION

Creative Creative Creative Creative Creative Creative Creative Creative MultimediaMultimediaMultimediaMultimediaMultimediaMultimediaMultimediaMultimedia

Internet Internet Internet Internet Internet Internet Internet Internet Based Based Based Based Based Based Based Based BusinessBusinessBusinessBusinessBusinessBusinessBusinessBusiness

Mobility Mobility Mobility Mobility Mobility Mobility Mobility Mobility

ICTICTICTICTICTICTICTICT

Application Application Application Application Application Application Application Application SoftwareSoftwareSoftwareSoftwareSoftwareSoftwareSoftwareSoftware

Mobility Mobility Mobility Mobility Mobility Mobility Mobility Mobility Embedded Embedded Embedded Embedded Embedded Embedded Embedded Embedded Software Software Software Software Software Software Software Software

& Hardware& Hardware& Hardware& Hardware& Hardware& Hardware& Hardware& Hardware

Page 7: MIBPC Competition Background

2 CATEGORIES

1.BUSINESS IDEA1.BUSINESS IDEA1.BUSINESS IDEA1.BUSINESS IDEA 2.BUSINESS PLAN2.BUSINESS PLAN2.BUSINESS PLAN2.BUSINESS PLAN

Undergraduate (Final Year Undergraduate (Final Year Undergraduate (Final Year Undergraduate (Final Year Recommended) Recommended) Recommended) Recommended)

Demonstrate the commercial Demonstrate the commercial Demonstrate the commercial Demonstrate the commercial viability of the idea viability of the idea viability of the idea viability of the idea

Combination of Undergraduate, Combination of Undergraduate, Combination of Undergraduate, Combination of Undergraduate, postgraduate, researchers, academic and postgraduate, researchers, academic and postgraduate, researchers, academic and postgraduate, researchers, academic and nonnonnonnon----academic personnelacademic personnelacademic personnelacademic personnel

Include a comprehensive Business Plan Include a comprehensive Business Plan Include a comprehensive Business Plan Include a comprehensive Business Plan viability of the idea viability of the idea viability of the idea viability of the idea

Does not require a prototype or Does not require a prototype or Does not require a prototype or Does not require a prototype or productproductproductproduct

Max Team Member : 3Max Team Member : 3Max Team Member : 3Max Team Member : 3

detailing the commercial viabilitydetailing the commercial viabilitydetailing the commercial viabilitydetailing the commercial viability

Compulsory to show prototype or productCompulsory to show prototype or productCompulsory to show prototype or productCompulsory to show prototype or product

Max Team Member : 4Max Team Member : 4Max Team Member : 4Max Team Member : 4

Page 8: MIBPC Competition Background

EVALUATION CRITERIA

BUSINESS IDEABUSINESS IDEABUSINESS IDEABUSINESS IDEA BUSINESS PLANBUSINESS PLANBUSINESS PLANBUSINESS PLAN

Overall ProposalOverall ProposalOverall ProposalOverall Proposal

Innovativeness Innovativeness Innovativeness Innovativeness

Product / Service Product / Service Product / Service Product / Service DescDescDescDesc....

Market & Competition Market & Competition Market & Competition Market & Competition

Overall Proposal Overall Proposal Overall Proposal Overall Proposal

InnovativenessInnovativenessInnovativenessInnovativeness

Product / Service Product / Service Product / Service Product / Service DescDescDescDesc. . . . Marketing & Sales StrategyMarketing & Sales StrategyMarketing & Sales StrategyMarketing & Sales Strategy

Opportunities & RisksOpportunities & RisksOpportunities & RisksOpportunities & Risks

Implementation ScheduleImplementation ScheduleImplementation ScheduleImplementation Schedule

FinancialsFinancialsFinancialsFinancials

Team Structure & CompositionTeam Structure & CompositionTeam Structure & CompositionTeam Structure & Composition

Commercial ViabilityCommercial ViabilityCommercial ViabilityCommercial Viability

Prototype Prototype Prototype Prototype

Product / Service Product / Service Product / Service Product / Service DescDescDescDesc. . . .

Market & Competition Market & Competition Market & Competition Market & Competition

Commercial ViabilityCommercial ViabilityCommercial ViabilityCommercial Viability

Page 9: MIBPC Competition Background

TIMEFRAME (2010/2011)TIMEFRAME (2010/2011)TIMEFRAME (2010/2011)TIMEFRAME (2010/2011)

Mar 2011Mar 2011Mar 2011Mar 2011

Day 1 : Final Presentation

Day 2 : Award Presentation Ceremony

IHL LEVELIHL LEVELIHL LEVELIHL LEVEL

Jul Jul Jul Jul –––– Dec 2010Dec 2010Dec 2010Dec 2010

Train the trainer Program

IHL Internal Competition

Winners (BI & BP)MIBPC

NATIONAL LEVELNATIONAL LEVELNATIONAL LEVELNATIONAL LEVEL

Jan Jan Jan Jan –––– Feb 2011Feb 2011Feb 2011Feb 2011

Pre-Qualification Selection

14 Chosen Teams advanced to final(7 BI & 7 BP)

NATIONAL LEVELNATIONAL LEVELNATIONAL LEVELNATIONAL LEVEL

TIMEFRAME (2010/2011)TIMEFRAME (2010/2011)TIMEFRAME (2010/2011)TIMEFRAME (2010/2011)

Phase3Phase3Phase3Phase3Final/Final/Final/Final/MDeCMDeCMDeCMDeC

IHL are encouraged IHL are encouraged IHL are encouraged IHL are encouraged to conduct Internal to conduct Internal to conduct Internal to conduct Internal

CompetitionCompetitionCompetitionCompetition

*

Phase1Phase1Phase1Phase1Internal/Internal/Internal/Internal/

IHLIHLIHLIHL

IHL with internal IHL with internal IHL with internal IHL with internal competition can send competition can send competition can send competition can send Max of 3 BIs & 3 BPsMax of 3 BIs & 3 BPsMax of 3 BIs & 3 BPsMax of 3 BIs & 3 BPs

*

Phase 2Phase 2Phase 2Phase 2PrePrePrePre----Q/Q/Q/Q/MDeCMDeCMDeCMDeC

Closing Date :Closing Date :Closing Date :Closing Date :15 Dec 201015 Dec 201015 Dec 201015 Dec 2010

Page 10: MIBPC Competition Background

PRIZES

Cash: RM Cash: RM Cash: RM Cash: RM 7777,000,000,000,000 Cash: RM Cash: RM Cash: RM Cash: RM 10,00010,00010,00010,000

Cash: RM Cash: RM Cash: RM Cash: RM 7777,000,000,000,000Cash: RM Cash: RM Cash: RM Cash: RM 5555,000,000,000,000

BUSINESS PLANBUSINESS PLANBUSINESS PLANBUSINESS PLANBUSINESS IDEABUSINESS IDEABUSINESS IDEABUSINESS IDEA

TROPHIES & CERTIFICATESTROPHIES & CERTIFICATESTROPHIES & CERTIFICATESTROPHIES & CERTIFICATES

Cash: RM Cash: RM Cash: RM Cash: RM 7777,000,000,000,000Cash: RM Cash: RM Cash: RM Cash: RM 5555,000,000,000,000

Cash: RM Cash: RM Cash: RM Cash: RM 3333,000,000,000,000

Cash: RM Cash: RM Cash: RM Cash: RM 1,0001,0001,0001,000

Cash: RM Cash: RM Cash: RM Cash: RM 5555,000,000,000,000

Cash: RM Cash: RM Cash: RM Cash: RM 1,5001,5001,5001,500

Page 11: MIBPC Competition Background

SUPPORTINGSUPPORTINGSUPPORTINGSUPPORTING PROGRAM BY MDECPROGRAM BY MDECPROGRAM BY MDECPROGRAM BY MDEC

RoadshowRoadshowRoadshowRoadshow

Finalist Finalist Finalist Finalist Train the Train the Train the Train the

Pitching and Presentation

Preparation for Finalists

Training for Mentors/Advisors/Student Leaders to conduct MIBPC at

IHLs

Promotion at IHL/Experience sharing

JudgingJudgingJudgingJudging Business Business Business Business ClinicClinicClinicClinic

WorkshopsWorkshopsWorkshopsWorkshops

Finalist Finalist Finalist Finalist BootcampBootcampBootcampBootcamp

Train the Train the Train the Train the trainertrainertrainertrainer

MIBPCMIBPCMIBPCMIBPC

MDeC & Industry Can be Internal

IHL Judges

1-1 Advisory by Industry Partner

Idea Generation/Refinement Workshop

Page 12: MIBPC Competition Background

• Mr. Ooi Boon ShengMr. Ooi Boon ShengMr. Ooi Boon ShengMr. Ooi Boon Sheng, CTO, Web Bytes Sdn. Bhd. (From : MIBPC USM)

• Funded by MSC Pre-Seed Fund in 2006 to develop Software-As-A-Service business applications �Xilnex Retail Business Solution, Xilnex Optical

SUCCESS STORY

TECHNOPRENEURTECHNOPRENEURTECHNOPRENEURTECHNOPRENEURHIGHLIGHTS ..HIGHLIGHTS ..HIGHLIGHTS ..HIGHLIGHTS ..

Xilnex Retail Business Solution, Xilnex Optical Business Solution

• Xilnex is a hybrid of both web application & standalone application.

• Company is growing fast - Actual product launch was 12 months ago

• Have clients locallylocallylocallylocally and abroadabroadabroadabroad - Penang, Ipoh, KL, Johor, Singapore and Australia.

Page 13: MIBPC Competition Background

ICON Grant (RM100,000) :ICON Grant (RM100,000) :ICON Grant (RM100,000) :ICON Grant (RM100,000) :

1. Team/Project Name : Medialab Ideas (Eco-Bumi) University : University Malaysia Pahang (UMP)University Malaysia Pahang (UMP)University Malaysia Pahang (UMP)University Malaysia Pahang (UMP)

1st Runner-up MIBPC 2009/10 – Business Idea category

FUNDING AWARDED in 2010

1 Runner-up MIBPC 2009/10 – Business Idea category

2. Team/Project Name : i-Tech (Virtual Skool) University : University Utara Malaysia (UUM)University Utara Malaysia (UUM)University Utara Malaysia (UUM)University Utara Malaysia (UUM)

Finalist of MIBPC 2009/10 – Business Plan Category

3. Company Name : Minds Technology Sdn BhdUniversity : University University University University KebangsaanKebangsaanKebangsaanKebangsaan MalaysiaMalaysiaMalaysiaMalaysia (UKM)(UKM)(UKM)(UKM)

MSC Malaysia Unitech participant

Page 14: MIBPC Competition Background

2008200820082008

1 UTEM1 UTEM1 UTEM1 UTEM

Grand Prize BIGrand Prize BIGrand Prize BIGrand Prize BI

2. UTP2. UTP2. UTP2. UTP

Grand Prize BPGrand Prize BPGrand Prize BPGrand Prize BP

2007200720072007

1 USM1 USM1 USM1 USM

Grand Prize BPGrand Prize BPGrand Prize BPGrand Prize BP

2. UTM2. UTM2. UTM2. UTM

1111stststst Runner Up BPRunner Up BPRunner Up BPRunner Up BP

2006200620062006

1 USM1 USM1 USM1 USM

Grand Prize BIGrand Prize BIGrand Prize BIGrand Prize BI

2 Sunway College2 Sunway College2 Sunway College2 Sunway College

1111stststst Runner Up BIRunner Up BIRunner Up BIRunner Up BI

MIBPC PRESEED FUND RECIPIENTS

UTEMUTEMUTEMUTEM

Merit 2 BPMerit 2 BPMerit 2 BPMerit 2 BP

4 UTM4 UTM4 UTM4 UTM

Merit 1 BPMerit 1 BPMerit 1 BPMerit 1 BP

3 MUST3 MUST3 MUST3 MUST

2222ndndndnd Runner Up BPRunner Up BPRunner Up BPRunner Up BP

4 UPM4 UPM4 UPM4 UPM

Merit BPMerit BPMerit BPMerit BP

5 MSU5 MSU5 MSU5 MSU

Finalist BPFinalist BPFinalist BPFinalist BP

6 UIA6 UIA6 UIA6 UIA

Finalist BPFinalist BPFinalist BPFinalist BP

7 UUM7 UUM7 UUM7 UUM

Merit 1 BI Merit 1 BI Merit 1 BI Merit 1 BI

3 UTM3 UTM3 UTM3 UTM

1111stststst Runner Up BPRunner Up BPRunner Up BPRunner Up BP

Note: Approximately 14 Note: Approximately 14 Note: Approximately 14 Note: Approximately 14 Projects with a total of Projects with a total of Projects with a total of Projects with a total of

RM2.1MRM2.1MRM2.1MRM2.1M was awarded via was awarded via was awarded via was awarded via the the the the PreSeedPreSeedPreSeedPreSeed Fund Fund Fund Fund FUND AMT = FUND AMT = FUND AMT = FUND AMT =

RM150kRM150kRM150kRM150k

Page 15: MIBPC Competition Background

PAST WINNERS

2007/082007/082007/082007/08 Business Plan : USMBusiness Plan : USMBusiness Plan : USMBusiness Plan : USM

2008/092008/092008/092008/09 Business Plan : UTPBusiness Plan : UTPBusiness Plan : UTPBusiness Plan : UTPBusiness Idea : Business Idea : Business Idea : Business Idea : UTeMUTeMUTeMUTeM

2009/102009/102009/102009/10 Business Plan : KDUBusiness Plan : KDUBusiness Plan : KDUBusiness Plan : KDUBusiness Idea : UIABusiness Idea : UIABusiness Idea : UIABusiness Idea : UIA

2005/06 2005/06 2005/06 2005/06 Business Plan : UTMBusiness Plan : UTMBusiness Plan : UTMBusiness Plan : UTMBusiness Idea : APIITBusiness Idea : APIITBusiness Idea : APIITBusiness Idea : APIIT

2006/072006/072006/072006/07 Business Plan : USMBusiness Plan : USMBusiness Plan : USMBusiness Plan : USMBusiness Idea : UTMBusiness Idea : UTMBusiness Idea : UTMBusiness Idea : UTM

2007/082007/082007/082007/08 Business Plan : USMBusiness Plan : USMBusiness Plan : USMBusiness Plan : USMBusiness Idea : MMUBusiness Idea : MMUBusiness Idea : MMUBusiness Idea : MMU

Page 16: MIBPC Competition Background
Page 17: MIBPC Competition Background
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Thank youThank youThank youThank youJoin us at: Join us at: Join us at: Join us at: facebook.comfacebook.comfacebook.comfacebook.com////facebook.comfacebook.comfacebook.comfacebook.com////MSC Malaysia National MSC Malaysia National MSC Malaysia National MSC Malaysia National UnipreneursUnipreneursUnipreneursUnipreneurs

For Further For Further For Further For Further Information visit :Information visit :Information visit :Information visit :www.mscmalaysia.my/unipreneurwww.mscmalaysia.my/unipreneurwww.mscmalaysia.my/unipreneurwww.mscmalaysia.my/unipreneur