May & June 2003 | Issue 5          

Dear Friends & Colleagues,

Greetings from NUS Entrepreneurship Centre and Welcome to our May and June edition of e-newsletter. We hope you have found some time to visit our centre's newly revamped website and look forward to your suggestions for further improvement.

Please feel free to contact us at necbox2@nus.edu.sg.

Thank You and Happy Reading!!!

Best Regards,
Assoc Prof Wong Poh Kam, Director
Ms Gean Chu, Editor


Latest News Past Activities in May & June 2003 News on NUS-Related Venture


>> An Online Directory of NUS-Related Ventures
We have established a web page listing business ventures founded by members of the NUS Community. The list of companies has increased to 127 on the last count, but there must be many times more that we have not been able to capture yet.

We would like to take this opportunity to invite all members of the NUS Community who had started their own business ventures to submit a 1-2 paragraph write-up of their ventures to us at contactnec@nus.edu.sg. Please include the following details when you submit your write-up: Details of NUS-related founder(s), brief descriptions of the business venture, investor/customer profiles, performance to-date, and website address of the company and other contact details.

>> Technopreneurship Incubator Program Workshop at end of July
NUS Entrepreneurship Centre will be conducting a 3-day Technopreneurship Incubator Program Workshop from 23-25 July 03 for Engineering undergraduate students enrolled in Faculty of Engineering's Technopreneurship Incubation Program (TIP). The workshop is also open to SMA students.

>> NUS-IES Technopreneurship Workshop on 7 & 8 July 2003
The aim of this first Technopreneurship Workshop, jointly organized by NUS Entrepreneurship Centre and the Institution of Engineers Singapore (IES) is to equip scientists, engineers and other technical professionals with the necessary skills and knowledge to start new high-tech ventures.

Participants who go on to start their own business can also take part in a mentorship scheme. This scheme will match them with an experienced entrepreneur or venture capitalist to coach them in the early phase of their business formation. About 20 of the 7,000 IES members, many of whom are technopreneurs or hold senior positions in companies, have already volunteered to mentor the new start-ups, while a similar number has been lined up by NUS Entrepreneurship Centre through its network of contacts with venture capitalists, technology entrepreneurs, business angel investors, and senior executives.

For registration enquiries, please contact Ms Jolia Tan at jolia@nus.edu.sg. Alternatively, you may register by filling up a registration form which can be downloaded from our website and fax or mail it to us.

>> NUS Wireless Venturing Forum (NWVF)
We now have a new web page on NWVF website which features a list of Wireless Start-ups in Singapore and soon, we will be featuring wireless startup news & case studies, as well as links to other local and international collaboration partners in the future on this webpage.

We would like to take this opportunity to invite all who have started their own wireless business ventures to submit a 1-2 paragraph write-up of their ventures to us at contactnec@nus.edu.sg.

Please include the following details when you submit your write-up: Details of founder(s), brief descriptions of the business venture, investor/customer profiles, performance to-date, and website address of the company and other contact details.

We will be organizing the next forum on "Mobile Commerce" on 13 August 2003 at NUSS Kent Ridge Guild House Ballroom.

This forum will bring together the mobile commerce value chain players to address issues, opportunities and challenges in the following areas:-

  • Mobile Payment & Mobile Banking
  • Mobile Marketing/Advertising
  • Multi-media Messaging
  • Mobile Security & Authentication
  • Registration for "Mobile Commerce" Forum is open now!
    You may register by filling up a registration form which can be downloaded from our website and fax or mail it to us. For registration details, visit us at: http://www.nus.edu.sg/nec/ed/rio/mcom_index.html.

    >> Global Wireless Venturing Forum
    NUS Entrepreneurship Centre is pleased to organize the first Global Wireless Venturing Forum on Oct 31 as part of the EDB Global Entrepolis in the week of Oct. 27-31, 2003.

    The forum will examine the market opportunities in global marketplace and global wireless venturing strategies in areas like mobile commerce, wireless LAN, mobile finance, emerging mobile technologies and collaborative international value chain, with participation from leading wireless experts around the world. The event is supported by Infocomm Development Authority of Singapore (IDA), Singapore Computer Society (SCS), Singapore IT Federation (SITF) and WirelessWorld.

    For more information about Global Wireless Venturing Forum, as well as speaking and sponsorship opportunities, you may wish to contact the Forum Manager, Mr. Patrick Chan at patrickchan@nus.edu.sg.

    >> Global StartUp@Singapore (GS@S) Business Plan Competition
    NUS Entrepreneurship Centre has been invited by EDB to organize the first Global Startup@Singapore business plan competition as part of the EDB Global Entrepolis in the week of Oct. 27-31, 2003. The centre agreed to form a strategic alliance with INSEAD to jointly organize the event to bring together the finalist teams of business plan competitions at leading universities and institutions around the world to compete at a grand final competition in Singapore. APRU Enterprise has endorsed GS@S as an initiative of APRU Enterprise.

    As part of EDB's inaugural Global Entrepolis week, GS@S participants will gain access to an international marketplace and audience of VCs, business and technology leaders within a single forum, as well as avail themselves with opportunities to forge business and technology partnerships, test-bed their ideas and technologies, and get funding at the international level. These prominent CEOs and entrepreneurs can also serve as GS@S panelist speakers and judges.

    For more information about GS@S, you may wish to contact Ms How Bee Lan at nechbl@nus.edu.sg.

    >> Techno-Venture Forum on 26 June 2003
    There will be another techno-venture forum on 26 Jun by Mr. Wong Taur-Jiun, our Business School Alumnus and COO and Co-Founder of Intelleigen Pte Ltd, on "Intellectural Property - Should you even bother?". For registration enquiries, please contact Ms Jolia Tan at jolia@nus.edu.sg.

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    >> Start-up@Singapore Final Prize Award Ceremony on 31 May
    The 4th Start-Up@Singapore was successfully concluded on 31 May, when more than 300 people attended the Final Awards Ceremony. Mr. Raymond Lim, Minister of State for Trade and Industry and Foreign Affairs and Minister of State-in-charge-of Entrepreneurship, was the Guest of Honour. This year sees the launch of a new initiative - Start-up@Singapore Mentored CEOs Growth Programme which extends beyond the team mentoring during the competition by allowing the Mentors-Mentees to work together even after the competition has finished, for a further 6-12 month period.

    With the new Mentored CEOs Growth initiative, Start-Up@Singapore hopes to significantly strengthen its follow-up support for budding entrepreneurs and CEOs of young start-ups by matching them against experienced mentors who can provide them with the necessary business and management expertise, domain knowledge and network of contacts, to help them jumpstart their businesses.

    NUS-related teams were strongly represented in the final round of the competition. The winner of the competition, Quantagen, is an NUS team comprising Adjunct Professor Casey Chan and Mr. Heng Eu Jin, a NUS Silicon Valley College student. Of the two runners-up team, one is a team of NUS undergraduate engineering students taking the Technopreneurship Minor Program offered by NUS Entrepreneurship Centre, and another is founded by an NUS MOT MSc alumnus. Of the 5 remaining finalist teams, two are also from NUS, one is an undergraduate student team taking the Technopreneurship Minor Program, and another is a graduate student team who has taken the graduate technopreneurship course, also offered by NUS Entrepreneurship Centre.

    For registration as mentors or mentees of the Mentored CEOs Growth Program, please contact Ms How Bee Lan at nechbl@nus.edu.sg. The pilot program will start from July - Dec this year and we encourage all past Start-Up@Singapore participants to join this program to jumpstart their business ventures.

    >> NUS Wireless Venturing Forum
    A joint Business Plan Presentation session was organized on June 5th in collaboration with the Business Angel Network SouthEast Asia (BANSEA). Two out of the three presenting companies are NUS start-ups, namely PurpleACE Pte Ltd and Mozat Pte Ltd.

    >> NUS-ST Entrepreneurs Workshop 2003
    The MOU between the NUS Entrepreneurship Centre and Singapore Technologies' Incubators@Work! (I@W) to promote entrepreneurship in NUS and ST entered the second year in this quarter with the organization of the second NUS-ST Entrepreneur's Workshop from 10 May to 14 June. A total of 15 ST staff and 10 NUS staff/students have enrolled in the workshop.

    >> Techno-Venture Forum
    We were pleased to have Mr. Andrew Ng, CEO of Greater China Consult & our Adjunct Senior Fellow to give a talk on "Do's and Don'ts of entering the China Market for High Tech Start-ups from Singapore" on 10 June.

    >> New Summer Intensive Graduate Course on Technopreneurship
    The NUS Entrepreneurship Centre is pleased to offer the second special summer graduate course TR5105 Technopreneurship as a cross faculty module to a total of 35 NUS graduate students from Engineering and Computing School. The course also attracted 25 Norwegian School of Entrepreneurship (NSE) graduate students, who are also on attachment with Singapore-based start-ups to learn first hand the challenge of new ventures in Singapore.

    >> Entrepreneurship Research Seminars
    Two "live" video-conferencing entrepreneurship research seminars were conducted by Prof. Scott Shane of Case Western Reserve University and Visiting Professor of our centre on "Overview of the Current State of Knowledge about Technology Entrepreneurship" and "University Technology Spin-Offs" on 10 June and 17 June respectively. A total of about 200 attended the two seminars.

    For more details, please click on the title URLs below:
    10 June: Overview on the Current State of Knowledge about Technology Entrepreneurship
    17 June: University Technology Spin-Offs

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    We are delighted to learn that My Life Events Pte Ltd (www.my-marriage.com) has been doing well in the event and media industry. My Life Events was founded in year 2000 by Mr. Winston Lee, who is also a NUS Business School Alumnus, to create a wedding community and provide couples a one-stop wedding planning and resource portal where they can learn more about marriage and plan for it. Currently, the company comprises of 4 business units. They are (1) Wedding, (2) Exhibitions, (3) Seminars, (4) Special Projects such as Family Day, Product Launches, PR Campaign and Event Management.

    Since its founding, My Life Events has also become the "King of Wedding" in Singapore, covering the wedding sourcing needs of over 4,500 couples at any single point of time. As a result, NTUC Income sees the value of the company and invested in My Life Events Pte Ltd.

    We would like to encourage our NUS alumni, who have been involved in entrepreneurial ventures to submit a 1-2 paragraph write-up of their business ventures to contactnec@nus.edu.sg. Please include the following details: Contact person and details, business descriptions, business updates and success stories/customer profiles.

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