Transcript
Page 1: Jump Start Your Business With Grant

Jumpstart your Business with Cradle Grants!

15th December 2009 

Plug & Play Technology Garden, Mid Valley City KL

Sharing by Bugs Tan

Page 2: Jump Start Your Business With Grant

About Uncle Bugs

A  LOVE  BUG... 

Name : Bugs TanAge : 49 years oldNationality : MalaysianM status : Happily MarriedChildren : 2 Young InventorsProfession : Inventor / AuthorNos. of Inventions : Filed 15 inventions to his name.Other talents : Adjunct Lecturer, Facilitator and ThinkerSports : Former National Cricket Player

Page 3: Jump Start Your Business With Grant

Winner - National Innovation Award

Mr. Bugs Tan receiving the Award from the Prime Minister

Page 4: Jump Start Your Business With Grant

International Excellent Award for Innovation - Mumbai INDIA

Mr. Bugs Tan Receiving the Award in Mumbai INDIA

All rights reserved © Uncle Bugs 2009

Page 5: Jump Start Your Business With Grant

National Industrial Design Award

Bugs Tan receiving the Award from the Ministry of Domestic Trade & Consumer Affair

Page 6: Jump Start Your Business With Grant

•National Inventor Award Multi-locking Pulley MOSTI Malaysia 2000•Short listed National Inventor Award MOSTI Malaysia 2001•Silver Medal Multi-locking Pulley Switzerland 2001•Silver Medal Extruded Alum Coupling ITEX Malaysia 2002 •Bronze Medal Light Weight Grating ITEX Malaysia 2002•Bronze Medal Multi-locking Pulley S&T Malaysia 2003 •Nominated SMI Award Innovator / Entrepreneur SMI Malaysia 2004•National Innovator Award Lite-walk Grating System MOSTI Malaysia 2007•Int Excellent Innovation Award Bugs Tan Indira Institues INDIA 2009• Industrial Design Award Lite-walk Grating Ssytem MyIPO Malaysia 2009

Winner of 10 National Awards

Page 7: Jump Start Your Business With Grant

Pulley Coupling Chiller Can Singing Donation Box Drugs Mixer

Out Door Air-cooler Katapila Track Machine Fan Filta Combo Spoon

Grating panels Vibrating Earring Animations Invention Workbooks Stories For Kids

Bugs’ Range of Inventions

Page 8: Jump Start Your Business With Grant

Evaporative Air Cooler

TM

AIRBOND SDN BHDwww.airbond.com.my

• Low Investment

• Energy Saving

• Environmental Friendly

• Easy Maintenance

All Copy Rights Reserved © Airbond 2009

Page 9: Jump Start Your Business With Grant

Application:TM

Industrial ApplicationPrinting, Packaging, Food processing, Textiles, Garments, Plastic injection, Die-casting, Spray coating, Machining, Fabrication, Rubber processing, Greenhouse, Farming, Flower, etc.

Public Area ApplicationPetrol Station, Bus Station, Community Hall, Canteen, Flea-Market, Outdoor Function, Sport Complex, School Hall, Basement Car Park, Public Toilet, etc.

All Copy Rights Reserved © Airbond 2009

Page 10: Jump Start Your Business With Grant

TV Cartoon Breaker

10 episodes of one minute each.

In each episode Amelia will stumbled across a problem she encountered at home or in school.

She will then give it a thought to find ways to solve it.

Once she has conceptualized an idea, she will say "I've got an idea".

She will then create a new gadget to solve that particular problem. 

Page 11: Jump Start Your Business With Grant

How to be Creative…?

Let’s examine….Let’s examine….

Turning Ideas Into Innovations

Page 12: Jump Start Your Business With Grant

Secret of a Successful Inventor

Mind is the forerunner Mind is the forerunner

of all Inventions of all Inventions - - Bugs TanBugs Tan

Due to its invisibility to our naked eyes, most people are ignorant of its present.

Turning Ideas Into Innovations

Page 13: Jump Start Your Business With Grant

Turning Ideas Into Innovations…

Turning Ideas Into Innovations

Page 14: Jump Start Your Business With Grant

Step 1 - Start by conceptualizing an Idea

This world is not a perfect place.

There is so many things you can create to make life better.

Being observant is the starting point

Look at things around you at home, work or play.

There should be something you can invent.

Look through your eyes, conceptualize with your

mind

Turning Ideas Into Innovations

Page 15: Jump Start Your Business With Grant

Step 2 – Check Your Idea

1. Is your idea new?2. What does your friends think about your new idea?3. Do you think you can make a working model?4. Do you have the money to spend on this project?5. Do you have the time to work on this project?6. Are you able to get help for this project? 7. Do you know who are your customers?8. Are you sure they will buy your product?9. Do you know the cost to manufacture this product?10. Are you sure you can make a good margin?

Turning Ideas Into Innovations

Page 16: Jump Start Your Business With Grant

Step 3 - Raise fund for your Project

Raise fund by applying a CIP 150 grant

Or, use your own fund

Turning Ideas Into Innovations

Page 17: Jump Start Your Business With Grant

Step 4 - Make a Prototype / Working Model

Create a working model to see if it works.

You will need to do most of the work by yourself.

There will be a need to buy materials, seek special services, outsource certain processes, monitor the work, take the work back to the workshop and a host of other things that would need your attention.

Amelia testing the concept of a “multiple remote control switch for florescent light”

Turning Ideas Into Innovations

Page 18: Jump Start Your Business With Grant

Step 5 - Filing a Patent

Filing a patent gives you the rights over your idea for 20 years.

However, it will be a waste of

effort and money if your product cannot sell.

The first person to file a patent is the rightful owner to that idea.

You can file a patent by just having an idea

Turning Ideas Into Innovations

Page 19: Jump Start Your Business With Grant

Step 6 – Do a Valuation for Your Invention

It puts a price on your new invention

Its a tool to bring potential investor to the discussion table

It allows your potential investor to understand your invention

All new technology has a price to it

Turning Ideas Into Innovations

Page 20: Jump Start Your Business With Grant

Step 7 - Commercialization

Route toCommercialization

2. Licensing Earn Royalty through Licensing

1. Sell off your Invention Sell your IP out-right

4. Seek investors Family members Friends Angels / VCs

3. Seek Synergy Partners JV with Entrepreneur

5. Commercialize by yourself Self fundingApply a CIP 500 grant

Commercialization - Manufacturing & Marketing

Turning Ideas Into Innovations

Page 21: Jump Start Your Business With Grant

Mobile 013- 388 7800

Blog www.uncle-bugs.blogspot.com

Email [email protected]

Website www.bugstan.com

Terima kasih…!


Top Related