Give a Day 9: Innovative financing models supporting Cambodian entrepreneurs

The ninth edition of Give a Day has featured several of Cambodia’s leading startup financers to discuss innovative financing models in supporting Cambodia’s entrepreneurs as well as a flagship presentation on the current ecosystem.

The event collaborated with Khmer Enterprise’s Entrepreneurial Ecosystem Day at Sokha Hotel in Phnom Penh attracting over 100 attendees including the Permanent Secretary of State and Minister attached to the Prime Minister H.E. Vongsey Vissoth.

According to the presentation by Mrs. Sopheara Ek, managing director of BDtrus, some of the key challenges facing Cambodia’s startups are limited information on investment funds or investors, lack of financial records, lack of knowledge and experience in deal negotiation, and lack of a legal understanding of the due diligence process. Key challenges facing investors are lack of qualified and investment-ready opportunities, lack of effective marketing to connect to startups, unregistered business, overvalue of the enterprise by startups, and lack of proper financial structure and planning.

Followed by the panel discussion on Innovative financing models supporting Cambodian entrepreneurs.

The s was moderated by Swisscontanct Country Director Rajiv Pradhan and included:

• Sabine Joukes Country Director and Chief of Party of Pact Cambodia
• Suy Sokraksmey, Member of the Investment Committee of ID Investors
• David Ray, Country Director of The Cambodia Australia Partnership for Resilient Economic Development (CAP-RED)
• Kong Somphyvatanak, Investment Manager at Khmer Enterprise

The meeting was covered by the following media:

• Give a Day: Innovative financing models supporting Cambodian entrepreneurs | Cambodia Investment Review