MEDIA FACTSHEET Startup SG Founder Venture Building programmes supported over 300 participants in six months

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MEDIA FACTSHEET

Startup SG Founder Venture Building programmes supported
                     over 300 participants in six months

MR No.: 014/21
Singapore, Tuesday, 23 February 2021

1. Enterprise Singapore’s Startup SG Founder Venture Building programmes have
   supported over 300 participants to become entrepreneurs since they commenced six
   months ago. Of this, close to 150 participants have graduated from the programmes. This
   was achieved through the support of five Venture Builders – Nanyang Technological
   University, National University of Singapore, Singapore Management University,
   Singapore University of Technology and Design and Singapore University of Social
   Sciences.

2. Announced in August 2020, the three-month Venture Building programmes are part of the
   enhanced Startup SG Founder scheme to groom aspiring entrepreneurs with no business
   experience to build and scale innovative startups. The Venture Building programmes help
   participants build a stronger foundation in entrepreneurship and develop innovative
   products or solutions. This is done through specially curated modules that focus on critical
   areas like business models, digital marketing and fundraising. Participants are also
   mentored by seasoned entrepreneurs and industry veterans which enable them to secure
   early market feedback on their business ideas with potential customers.

3. Key highlights from the first batch of Venture Building graduates:

       a. About 80% of the graduates are mid-career PMETs who came from various
           backgrounds including hospitality, education, social enterprise and technology,
           with the remaining being fresh graduates with backgrounds in business,
           engineering, architecture, psychology and data analytics;
       b. Graduates age range between 21 to 64 years old. Majority of the graduates are
           within the 21-30 year old age group;

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c. Majority of the sectors ventured into are in up and coming sectors such as edutech,
          healthtech, eldercare and the built environment;
       d. More than 80% of the Venture Building graduates have gone on to pursue their
          startup ideas.

4. To provide live pitching and networking opportunities with potential investors and co-
   founders, 14 graduate teams showcased their business ideas at Founder IGNITE, a series
   of pitch events organised by Enterprise Singapore. Five winning teams each won close to
   S$40,000 worth of startup resources and support, such as co-working spaces and
   enterprise tools. (See full list of participating startups and sponsors in Annex 1 and 2)

5. The first Founder IGNITE pitch event was held today at JustCo and was graced by Minister
   for Trade and Industry, Mr Chan Chun Sing. Local and foreign investors and accelerators
   such as Ms Huang Shao-Ning (Chief Angel of AngelCentral), Ms Koh Shi Yan (Co-Founder
   and General Partner of Hustle Fund) and Mr Chirayu Wadke (Founding Member of XA
   Network) were also in attendance.

6. Enterprise Singapore will continue to work with partners to provide entrepreneurs with
   access to mentorship, incubation and co-innovation opportunities through the Startup SG
   programmes.

7. In November 2020, three more Venture Builders – 500 Startups, Antler and Entrepreneur
   First – were added, bringing the total number of Venture Builders to eight. Since the
   conclusion of the first batch of programmes, the eight Venture Builders have launched
   more Venture Building programmes.

                                            -End-

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For media enquiries, please contact:
 Cassandra Wong
 Business Partner
 Corporate Communications
 M : +65 9129 8490
 E : cassandra_wong@enterprisesg.gov.sg
_________________________________________________________________________

About Enterprise Singapore

Enterprise Singapore (ESG) is the government agency championing enterprise development.
We work with committed companies to build capabilities, innovate and internationalise.

We also support the growth of Singapore as a hub for global trading and startups, and build
trust in Singapore’s products and services through quality and standards.

Visit www.enterprisesg.gov.sg for more information.

                                                                                Page 3 of 8
ANNEX 1

List of startups participating in Founder IGNITE

 No.       Startup Name        Sector/ Industry       Description

 1         360green            Urban Solutions        [Startup info] Environmental sustainability
                                                      through mitigation and offsetting of CO2 in
           (NTU programme)                            forestry as a nature-based solution.

                                                      [Founder info] Dilveer Singh is the Founder
                                                      and CEO of 360green. Dilveer is an
                                                      environmental expert in the field of climate
                                                      change, with over 6 years of environmental
                                                      consultancy and audit experience for various
                                                      industries and the carbon markets, with prior
                                                      experience of managing the world’s largest
                                                      environmental verification company in the
                                                      entire Southeast Asian region.

 2         CommerceHulk        Enterprise Solutions   [Startup info] One-stop integrated SaaS
                                                      platform that connects and streamlines all
           (SUTD programme)                           essential processes & information for
                                                      merchants to easily manage their e-
                                                      commerce business across platforms.

                                                      [Founder info] Lee Jie Hong graduated from
                                                      the Singapore University of Technology and
                                                      Design (SUTD) with a degree in engineering
                                                      with a computer science background that
                                                      focussed on software development and cloud
                                                      architecture. During his time at SUTD, he was
                                                      involved    in    the     SUTD     Technology
                                                      Entrepreneurship Programme (STEP) which
                                                      gave him the opportunity to work in Silicon
                                                      Valley in San Francisco and Beijing. While at
                                                      Silicon Valley, he interned at an AI/Data
                                                      Analytics     company       that    developed
                                                      autonomous driving technology.

 3         Deskpax             Enterprise Solutions   [Startup info] A web booking marketplace for
                                                      co-working space operators to list available
           (SMU programme)                            space inventory and attract more mobile
                                                      workforce clients.

                                                      [Founder info] June Lee is a Revenue
                                                      Management professional with 17 years of
                                                      experience      specialising    in    revenue
                                                      optimisation, business trend analysis, pricing,
                                                      and distribution. Prior to joining the
                                                      programme, June held several positions in the
                                                      hospitality industry across Southeast Asia and
                                                      the Maldives.

 4         Homebase            Marketplace Platform   [Startup info] HomeBase is a marketplace for
                                                      buyers to buy home-based products and a
                                                      software-as-as-service to streamline home-
                                                                                    Page 4 of 8
based businesses       to   ensure    seamless
                                             operations.

                                             [Founder info] Keefe Chan is a strong believer
                                             in bringing equality and fairness to the
                                             community through his technical skills, by
                                             creating software and platforms that can
                                             reduce entrenched social and economic
                                             disadvantages. Keefe has founded and co-
                                             founded startups, specialising in enterprise
                                             solutions in the past. Through HomeBase,
                                             Keefe hopes to help the home-based
                                             business community reach more customers
                                             through their platform.

5   Hummus            Edutech                [Startup info] Early childhood Edutech
                                             platform with voice interactive stories that
    (NUS programme)                          enables parents to track the learning abilities
                                             of the child.

                                             [Founder info] Melissa completed her Masters
                                             of Education at NTU in 2020. Prior to that, she
                                             served as an Assistant Vice President of
                                             OCBC Bank for 6 years. Upon receiving her
                                             Masters degree, Melissa created Mellaby
                                             (https://bit.ly/2YhvuGi), a social media account
                                             that provides tips for parents on child
                                             development,        where      she     interacted
                                             extensively with parents and gained an
                                             understanding of their needs.

6   Kaleidoscope      Edutech / Healthtech   [Startup info] Kaleidoscope is a collaborative
                                             data-driven System of Support which provides
    (NTU programme)                          insights into the total wellbeing of a person
                                             that recommends actionable steps to unlock
                                             human potential.

                                             [Founder info] Joseph Kalaivanar has over 25
                                             years of experience in growth marketing,
                                             digital product development and large project
                                             management. He has played a significant role
                                             in major projects in both the Services,
                                             Manufacturing and Education sectors. Apart
                                             from organising APAC’s largest trade events
                                             (Asian Aerospace, Asia Media Festival, etc.)
                                             and building Digital Learning solutions for
                                             large MNCs, he is also a Content and
                                             Community builder.

7   Kinobi            Edutech                [Startup info] A one-stop Digital Career
                                             Accelerator platform that provides education,
    (SMU programme)                          access to networks and branding for each
                                             person’s dream career.

                                                                             Page 5 of 8
[Founder info] Muhammad Hafiz Bin Kasman
                                     is an ex-management consultant in the
                                     Digital practice at Oliver Wyman, having led
                                     multiple engagements across Southeast
                                     Asia. Hafiz also worked at Hmlet, where he
                                     worked directly under the CEO on strategic
                                     and corporate development. Aside from his
                                     professional career, Hafiz is also a serial
                                     community builder – having built multiple
                                     mentoring programmess impacting 1,000+
                                     students thus far.

8    Konnect            Healthcare   [Startup info] Konnect aims to address the
                                     rising need for soft food amongst the ageing
     (SUSS programme)                population through an Ecosystem Technology
                                     Platform that will enlist recipe contributors,
                                     advocacy groups, and food producers to work
                                     in this space to supply soft food to the elderly.

                                     [Founder info] Michael Lim is an ex-Naval
                                     Officer who most recently managed a 350-
                                     bedder nursing home as a COO. He joined the
                                     VB programme in his 50s.

9    MediVR             Healthtech   [Startup Info] MediVR simulates real patients
                                     using VR and AI for medical schools to provide
     (NUS programme)                 accessible and standardised medical training
                                     and education tools.

                                     [Founder info] Aiden Koh graduated from NUS
                                     with a Bachelor in Mechanical Engineering
                                     and Second Major in Innovation and Design.
                                     He is currently the co-founder and Lead VR
                                     Developer of MediVR. Prior to this, he worked
                                     with a VR hardware startup that was recently
                                     acquired by Facebook Reality Labs. His
                                     startup idea won his team the SGTech-SoC
                                     Innovation Prize 2020 – Team Prize.

10   Model-up           Edutech      [Startup info] Model Up aims to gamify
                                     education content with a new form of hybrid
     (SMU programme)                 interactive learning. This includes digital and
                                     physical interactive components (e.g. letter
                                     blocks linked to online education content) to
                                     enhance children’s learning.

                                     [Founder info] Calvin Hia is a recent graduate
                                     of SUTD, graduating with a Bachelor of
                                     Engineering - Engineering Systems and
                                     Design. He participated in NUS Enterprise's
                                     Lean Launchpad Singapore programme and
                                     is a certified yoga instructor.

11   Kairos.ai          Edutech      [Startup info] AI enabled learning transfer
                                     coach to guide staff to apply job related
     (SUSS programme)                knowledge at the workplace. MyiRFi helps

                                                                     Page 6 of 8
companies build up their knowledge base and
                                          dispense this to staff who need to use it.

                                          [Founder info] James Lee has over 20 years
                                          of consultancy experience in helping
                                          companies establish different type of
                                          management system and have assisted
                                          MNCs worldwide in implementation and
                                          deployment.

12   Proccoli           Urban Solutions   [Startup info] A B2B SaaS platform for the
                                          facilities management industry, which aims to
     (SUTD programme)                     help clients improve service quality and
                                          manage escalating operating costs through
                                          automation of procurement and workflow
                                          processes.

                                          [Founder info] Wang Wei Liang graduated
                                          from SUTD, specialising in Engineering
                                          Product Design (EPD) and was awarded the
                                          SUTD Undergraduate Merit Scholarship. Wei
                                          Liang involved himself in several engineering
                                          projects previously, including building an
                                          underwater robot and inventing an adjustable
                                          prosthetic socket for Diabetic amputees.

13   Scholaebot         Edutech           [Startup info] An education tech software
                                          engine that does content management and
     (NTU programme)                      content generation for schools.

                                          [Founder info] Genevieve Tan is a psychology
                                          graduate that is charge of the external
                                          operations and engagements in Scholaebot.
                                          She had about 5 years of experience as a
                                          private tutor for children to adult learner and
                                          understands the pain points of an educator in
                                          generating educational content.

14   Whyte Labs         Edutech           [Startup info] An educational robotics platform
                                          that is fun, interactive and one that is able to
     (SUTD programme)                     let kids explore to build their own projects.

                                          [Founder info] Jeremy Koh is an educator by
                                          day and robotics researcher by night and is
                                          deeply passionate about robotics and
                                          science and helping youths to unleash their
                                          own creativity. He was a senior engineer in
                                          DSTA and was involved in National
                                          Engineering Programme Centre (Simulation
                                          and Training).

                                                                         Page 7 of 8
ANNEX 2

List of sponsors

 Sponsors                                          Startup resources
 JustCo                                            Co-working space support with hot desking
                                                   memberships for startup teams.
 Founded in 2011 and headquartered in
 Singapore, JustCo is Asia Pacific’s leading
 coworking company and a connector between
 people, busineses and ideas.
 Amazon Web Services                               Cloud credits to enable startup teams to build
                                                   their digital products.
 We provides startups with low cost, easy to use
 infrastructure needed to scale and grow any
 size business.
 Zoho Coroporation                                 Enterprise online productivity tools and
                                                   applications to support startup teams in building
 With 45+ apps in sales, marketing, customer       their foundation processes.
 support, accounting and back office operations,
 and an array of productivity and collaboration
 tools, Zoho Corporation is one of the world's
 most prolific software companies.
 HubSpot                                           Knowledge sharing sessions and preferential
                                                   rates offered for HubSpot’s digital enterprise
 HubSpot’s CRM platform has all the tools and      solution tools.
 integrations enterprises need for marketing,
 sales, content management, and customer
 service.
 Dropbox                                           Digital enterprise workspace packages to
                                                   enable work efficiency for startup teams.
 Dropbox is a leading global collaboration
 platform that’s transforming the way people and
 teams work together. Dropbox is used by more
 than 600m registered users across 180
 countries.

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