Preeseed? Been there, done that... cuma takde rezeki. Planning to submit again, with diffrent project.
On Mon, Oct 12, 2009 at 12:45 AM, Azrul Hasni MADISA <[email protected]>wrote: > I had enough and its late. Hopefully some investors are interested in my > project. But here's a brief reason why did not apply for grants. (Now this > is my personal opinion, you guys might not have the same requirement as me) > > 1) SKMM (MCMC), E-content, any content related grant > - Not really for software development. I personally know someone whose game > project was rejected under e-content because game is considered software > dev. > > 2) Preseed (MDEC) > - They limit RM 1500 per developer per month. Rm 1500??? jual burger tepi > jalan pun dapat banyak dari tu. Who wants to work for you for RM 1500?. > Kalau ada pun, memang yang dah carik kerja merata tapi tak dapat (and malas > pulak tu nak jual burger) . So keje la dapat Rm 1500. Code quality pon cam > hampeh nyiok. Unit test pun tak tau buat. > > - Business plan. This is preseed for God sake. The proposal should be on 1 > (read one... you know, satu) page. There should not be a business plan. > Business plan is when you want to apply for seed funding. After all, > technology moves so fast these days and so global, that your business plan > would be relevant for only a few weeks at best. > > - 30+ freakin' pages to fill in. If this is a 2 million grant than that is > probably ok, but this is preseed. Anything beyond 1 page is just fluff at > best and total malicious lies at worst. > > - No funding for marketing or any sort of advertisement. > > - No continuation. What should you do once the fund has run out? Sell your > software? wait a minute, you can't use your grant money for marketing... > bummer :( . That's why many preseed companies are now stuck. > > 3) Cradle Investment Fund > - Long winded web form to fill in (web form? gosh, the best tech. for forms > is PDF. Here's a bunch of them... free of charge. See, Adobe's business plan > out the window already. They probably didn't deserve preseed grants.[ > http://www.cogniview.com/convert-pdf-to-excel/post/pdf-editing-creation-50-open-sourcefree-alternatives-to-adobe-acrobat/ > ]) > > - Again you have to supply a business plan that will be obsolete once you > finish writing them > > + Supply you with a mentor (a really good deal) > > * No mention of limit on developer salary > > * No mention of continuation > > 5) MGS, DAGS, Technofund > > For established companies only. > > 6) Iconity (MDEC) > > Still new, form pun cannot be downloaded yet but it looks just as bad > (still this RM 1500 per developer per month deal ... why is MDeC is sooo > fixated on that, I have no idea - on similar note, if that is how much MDeC > values software developers then screw grants, we have a bigger problem at > our hand) > > > > > All and all, here's why I would say. Please MDeC, please don't let us jump > through hoops and make us write long winded expired-in-2-weeks business > plan anymore. This is preeseed. We are not asking millions. (Heck, most of > us would gladly settle for a RM 50 k ). I think a simple proposal would do. > > Now MDeC would need a mechanism to filter out the bad from the good, here's > my suggestion. Any proposal must finish a prototype in 3 months. Yes 3 > months. Anyone asking more than that then ask them to create a long winded > proposal, the usual drill, but give a green lane to anyone who is dedicated > enough to do stuff in 3 months. You see, if a buddy and myself want to > build, oh, say, a new CRM system, if we work everyday on it, 3 months is > enough. Our salary oh, say RM 5000 each, that's RM 10k per month. Times 3 > that is just RM 30,000. We use RM 10, 000 for to purchase dev machines. > Maybe RM 5000 for hosting and another RM 5000 for small time marketing. We > do not need an office. MDeC's lab (open source, jtrend and ntdc ... which > is right now soooo under used) can be our temporary office. See, just RM 50k > . Now if we fail, you lost RM 50 k. No biggie. If we succeed, then > continuation grant, say RM 150 k , and RM 500 k after that should be > guaranteed. > > > Its late so if my rants are a bot inconsistent, maafkan saya > > Again, I'm just writing to express my personal gut wrenching feeling, not > to belittle anyone. Certainly not MDeC or Cradle. > > > > > Azrul > > > > > On Sun, Oct 11, 2009 at 3:07 AM, Hasanuddin Abu Bakar <[email protected] > > wrote: > >> Saya tak percaya kalau FOSS komuniti tak dapat dana macam orang ni dapat. >> Sila rujuk link di bawah. >> Sama-sama kita fikirkan. >> >> http://www.carigold.com/portal/forums/showthread.php?t=88333 >> >> >> >> Hasanuddin Abu Bakar >> ------------------------------- >> Ubuntu embedded developer/tester >> https://wiki.ubuntu.com/bizkut >> >> Get FireGPG for your Firefox! http://getfiregpg.org >> >> PGP Public Key >> http://keyserver.ubuntu.com:11371/pks/lookup?search=0xD25748FC1754D52DAFA5EA8EC5A1B11965D43C5C&op=index >> >> >> >> > > > > -- "The most important thing is that you have to be sincere and trustworthy in doing business - Tan Sri William Cheng, Lion Group Chairman & CEO" --~--~---------~--~----~------------~-------~--~----~ Join Open Source Developers Club Malaysia http://www.osdc.my/ Facebook Fan page http://www.facebook.com/group.php?gid=98685301577 http://www.facebook.com/OSDC.my You received this message because you are subscribed to the Google Groups "OSDC.my Mailing List" group. 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