Wednesday, March 04, 2009

Things Start to Moving On

My first venture is my AgroQuest agriculture-based business. This is scheduled to run in April when I secure enough number of creditors. At this moment we are aiming at raising RM 80,000 (it could go up to RM 100,000) to kick start. I have started the negotiation with the land owner. My colleague will finish the business plan in a matter of week. Another friend of mine suggested me to set an appointment with his father to fund this venture considering that his father's company is looking for chances to expand into agriculture sector.

This Friday we will re-visit the site again and collect some soil sample to check for its fertility. Hopefully that piece of land is very fertile for watermelon to grow.

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Training matter shall be resolved by this weekend. I am also looking forward to meet up with CEO of Master Melon Sdn Bhd, the producer and exporter of watermelon to Middle East market,this Thursday just to get some insights and maybe, if I were lucky enough, to gain useful tips and advice to be successful in this sector.

Next in pipeline is my MediaTani Sdn Bhd venture with cooperation from MDEC via its pre-seed fund. Of course, we are running like crazy to write up the necessary application documents. I'm about to have migraine due to staying up late at night, formulating and planning for the documents submission. This is also a 'support service' to my first business entity, AgroQuest. I also have met with the manager of pre seed from MDEC - practically just to do PR exercise and get his advice on how to make sure our application for this grant a succesful one. My friend will review my application documents just to make sure everything is good to go. By the way, he is the recipient of this grant for the batch in 2007. So, good to have coach for grant application.

This is scheduled to kick off somewhere in September 2009.

The next venture is into training/post production house for OKU. I am planning to apply for grant from JTK under OKU scheme about RM 200,000 to fund for our hardware acquisition and set up of business premise in order to set up a training center and post production house. I will be holding the majority shareholding in this but I will let my friend to head the company. Hopefully he can do a real good job.

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I aim to have affiliation with Majlis Latihan & Vokasional Kebangsaan, Lembaga Zakat Selangor, Pusat Pungutan Zakat WP and BAKTI to help out the OKUs out there by funding them at our training center so they will be equipped with skills in creative multimedia design. Hopefully by doing that, they can earn income and live independently.

Again, this thing can only be kicked off in September 2009 due to some regulation issues.

One good news - my sister is coming back for good from Japan. Can't wait to see her again! :)

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