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Calling/ Invitation for Application for Incubation Office Space

Calling/ Invitation for Application for Incubation Office Space. KL Sentral would like to invite creative companies involved in games, animation, mobile content and post-production/ visual effects to apply for the incubation space.

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Calling/ Invitation for Application for Incubation Office Space

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  1. Calling/ Invitation for Application for Incubation Office Space KL Sentral would like to invite creative companies involved in games, animation, mobile content and post-production/ visual effects to apply for the incubation space. The MSC Malaysia Creative Incubation Centre at KL Sentral is designed to maximize the success rate of startup and emerging businesses in Creative Multimedia Industry in Malaysia. The Incubator provides an environment where entrepreneurs can focus on the important aspects of getting their business startup off the ground.

  2. General Criteria for Application • Creative companies, preferably in games, animation and post-production/visual effects (Creative Multimedia Content Developers) • Early Stage Growth Companies • Non-MSC Malaysia Status company • Local equity is required and the term is apply to JV company • Not relocating from Cyberjaya or other Cybercities/Cybercentres • Max 8 staff per incubatee company/enterprise • Potential to showcase products/services in the CIC • Products/services must have commercial potential • Maximum tenancy period: 2 years • Minimum tenancy period: 6 months • Annual sales turnover not more than RM500,000 per year (for renewal)

  3. INCUBATION CENTRE (CIC) Objective - Catalyze a highly competitive cluster of Malaysian creative multimedia companies that become world-class over time. • The Incubation Centre houses “Early Stage Growth Companies” • Seed-Level • Companies entities that have been incorporated within the past two years and have ideas or concepts that require funds for proof of concept. • Start-Up • Companies entities that have been incorporated or have been in business for a short time and require capital for commercialisation of their products/solutions. These companies may not be generating profits yet.

  4. How To Apply: Fill in the application form attached in the website www.mscmalaysia.com.my Fax or email completed & signed application form and necessary company documents to yang@mdec.com.my or beverly@mrcb.com.my Submission to Incubation Selection Committee (KL Sentral, MDeC & MRCB Technologies) for approval Applicant will be informed of application status and letters will be sent accordingly

  5. Background • Allocated 10 spaces for incubatees • (3 spaces @ 229 sq ft. & 7 spaces @ 111 sq ft.) • Current available space as at Mar ‘09 – 2 x 229sq ft @ 4 x 111 sq ft • A monthly service charge of RM1.50 per sq foot is applicable. • Free internet access (1MB broadband), water, electricity and air-cond (24/7) • First batch application - early 2007

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