Premiered today was the world’s 1st crowdfunding reality show, CROWDFACTOR X (CFX), which will span over the course of 3 episodes releasing back-to-back. The groundbreaking show will challenge 8 entrepreneurs, known as nation builders, to step out of their comfort zones and pitch their way to be crowdfunded USD1 Billion.
In season 1, viewers will witness the Top 8 Finalists: Eddie Chew (Potboy Groceries), Anne Tham (Dwi Emas International School), Munir Ashim (GrasiCili), Nelson Liew (Vanilla Crepe), Naveen Kumar (Ovachem), CK Yeoh (AXG Industries), Dr. Abdul Razak (Duogo / iBoxchain), and Hafeiz Hassan (Singularity Aerospace) battle it out to win the fund.
The show’s main sponsor is MoneySave (M) Sdn Bhd (MoneySave), a recognised peer-to-peer crowdfunding platform by the Securities Commission of Malaysia, whose mission is to nation-build by crowdfunding and financing 100,000 SMEs or nation builders to enrich 10,000,000 families.
MoneySave to date has crowdfunded more than RM20m to these CFX Finalists and more than RM250m to other Malaysians in the past 21 months. For 2022, we target to crowdfund up to RM1bn to more than 1,000 SMEs in Malaysia.
Vincent Soh, CEO of MoneySave (M) Sdn Bhd
The premise of CFX is to simulate the current and future hopeful entrepreneurs. The nation builders are to pitch their way to the next round by gathering votes from the judges and the competitors, themselves. Each episode is based on key themes to win; Industry Leadership, Economic Multiplier Impact, and Economic Social Governance (ESG). The Top 8 Finalists will also get to be crowdfunded by MoneySave.
The lineup of the judges consists of Datuk Seri Paul Chong (ARC Group aka Saint SPAC), Vincent Soh (CEO of MoneySave), Naguib Mohd. Nor., (President of Malaysian Aerospace Industry Association), Dr. Danielle Gambero (President of Malaysia Proptech Association), Rejina Rahim (Founder of Wahine Capital), Chris Tan (Founder of Chur & Associates), and Bernice Leaw (CEO of FundingNations Investments).
The entrepreneurial mindset is not about just chasing money, it’s creating value for the nation and the world. What we would like to accentuate to our audience are the stories behind these formidable nation builders. Their passion towards their craft is what makes them the successes they are today.
Ernie Chen, Producer of CROWDFACTOR X
CFX is confirmed to be open for Season 2 nominations in March 2022 – recognising 10 new nation builders from a target of 500 SME nominations from various SME Corporation, TERAJU, Ministry of Entrepreneurship, SME Association and other business organisations.
