MTI Corporate Finance is the corporate finance arm of MTI Consulting, which is a boutique strategy consultancy with a network of associates across Asia, Africa and Middle East. They provide a wide range of services such as due diligence, feasibility studies, funding new businesses or capitalization of existing ones – from IPOs to private placement facilitation, M&A facilitation, and advisory on governance, compliances and risk management.
‘idea2fund’ – the year-round venture competition powered by MTI Corporate Finance is close to kicking off its 3rd wave this October. Since its inception in 2016, the goal of idea2fund has been to create a platform for prospective entrepreneurs to present their venture ideas, get linked with potential investors, be challenged and receive constructive feedback from leaders in the respective fields. The first 2 rounds proved successful, having received over 300 applications from enthusiastic prospective entrepreneurs covering various backgrounds.
In its previous two waves, idea2fund was successfully able to identify several talents including the introduction of the mixed media lifestyle design brand, Bakamuna in 2016. According to Hilmy Cader – CEO of MTI, “The roles of conventional business models are being radically transformed by disruptive business models, and ‘startups’ will soon become the name of the game. We at MTI believe that this new breed of entrepreneurs will challenge the context of traditional business models, eventually leading to a fundamental change in the way wealth is created, accumulated and invested. idea2fund attempts to harness this talent and provide a platform to convert them into successful business ventures.”
idea2fund is open to anyone with a winning venture idea. You can be an individual, a team of choice (2-3 members max) or even as an organization. It mainly targets 3 groups: students and early career professionals who are looking for new ventures, experienced professionals with a vision to invest their industry expertise more profitably and existing niche entrepreneurs looking to scale up their operations.
This year, idea2fund is all set to take on a new set of aspiring entrepreneurs on a round of challenge filled competition including a concept presentation followed by a commercial presentation round, where shortlisted candidates will be having one-to-one meetings to pitch their business ideas directly to interested corporates and investors. The entry application to this year’s venture challenge is now open and can be downloaded from here.