<$BlogRSDURL$> Ascension Capital

Thursday, June 03, 2004

Two business ideas require seed funding / angel investments.

Executive Summary Idea 1:
A special vehicle entity consisting of a JV partnership between a prominent bank and credit/debit card brand seeks to launch a loyatly card/payment card programme to a ready database of over 2 million users. Points (similar to Bonuslink and Real Rewards) can also be saved over time, invested and redeemed for cash for official educational purposes. Direct and Channel Partner Relationships are in place. Business Plan and Financials are complete. Noble and effective nation building element, solving issues related to lower income wealth. Potential market is big with ready customers and cross marketing opportunities. Seeks investor to fund early stage for operational setup and technology architecture. Fund size required RM 2.5 - 3 Million.

Executive Summary Idea 2:
A local established IT company is embarking on a reality based community and friendship networking project incorporating live video filming, mobile and web elements. Gartner Research has indicated networking based sites will continue to experience strong growth. Incorporating concepts like popularly executed My Space, Ryze, Linked In, Kawanster and Friendster, this project elevates it to a whole new level by incorporating voice and live visuals on various communicative channels. Business and revenue model is clear and solid. Team competent. Technology strong. Commercial viability high. Requires seed funding. Fund size required RM 2 - 2.5 Million.

These ideas are protected by copyright law.

Interested parties can email johan@ascension.com.my for further information on anything posted in this page.

Updated: 1st June 2004

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