Universiti Malaysia Terengganu partners pitchIN to boost fundraising for its spin-offs

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Universiti Malaysia Terengganu partners pitchIN to boost fundraising for its spin-offs - Digital News Asia

Quick Summary:

Plans to engage UMT alumni to invest in the companies

PitchIN’s ambition to get as many universities as possible on board Universiti Malaysia Terengganu’s (UMT) wholly-owned subsidiary UMT Jaya Holdings Sdn Bhd (UMTJ) signed a Memorandum of Agreement with Pitch Platforms Sdn Bhd (pitchIN) last week to help UMT’s spin-offs to raise funds through the equity crowdfunding (ECF) platform.

"Therefore, partnering and collaborating with universities makes a lot of sense, and we've been trying to do this for the longest time, but the bureaucracy that we had to face was very cumbersome until I met Ramzi,” Sam said.