Entrepreneur Day helps start-ups redefine industries

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Futurist addresses post-COVID-19 issues at E-Day online platform

 

HONG
KONG, CHINA – Media OutReach –
15 July 2020 – In light of the COVID-19 situation, this year’s HKTDC
Entrepreneur Day (E-Day)
has undergone a transformation in terms of format
and content, with a series of seminars being broadcast live on 16 and 17 July. The
public can register for free at https://hktdc.hermeslive.com/en/.

HKTDC Assistant Executive Director Stephen Liang
said: “Start-ups have been bearing the brunt of the unprecedented challenges,
such as the impact on capital flow, brought by the COVID-19 pandemic. However,
the new normal has given rise to business opportunities through the use of pioneering
innovative technologies.”

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Mr Liang added that this year’s E-Day, under the
theme “ReviveRedefine“, highlights
the practical and inspirational aspects of start-ups that can help to ensure
the survival, growth, transformation and sustainability of the current business
ecosystem in the face of significant changes and challenges, while promoting
the agility necessary to embrace future challenges. The seminars feature more than 30 heavyweight speakers
from such fields as smart logistics, education technology and biotechnology to
share how to deploy pioneering ideas and innovative technologies to disrupt existing
industries and tap into new markets.

Insights
into the future of entrepreneurship

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E-Day will
be joined by Gerd Leonhard, a futurist who will address the audience
from Switzerland tomorrow (16 July) to shed light on emerging issues in the post-COVID-19
economy and future trends in such areas as business, society and governance in
the context of exponential technological progress. Mr Leonhard will share how the
future of jobs, work and commerce is being redefined amid the challenges and
transformation brought about by the pandemic; examine the role of innovation,
creativity and entrepreneurship in creating major breakthroughs in a
technology-dominated future; and look at what start-ups and entrepreneurs can
do to be future-ready. He will be joined by Karena Belin, CEO &
Co-Founder of WHub, Dr Toa Charm, Associate Professor, Business
School, the Chinese University of Hong Kong, and Herbert Chia, Venture
Partner at Sequoia Capital China, to discuss how COVID-19 will shape
decision-making for start-ups, incubators and venture capitalists in Hong Kong
and Asia.

Entrepreneur Day helps start-ups redefine industries

Gerd Leonhard, CEO of The Futures Agency

Another
seminar tomorrow, titled From Crisis to Chances will examine how
entrepreneurs are able to turn challenging situations into opportunities,
offering inspiration to the audience. Highlighting Hong Kong’s research
excellence and the city’s experience in containing the COVID-19 outbreak,
Professor Yeung King-lun from the Hong Kong University of Science and Technology
will share how his team reacted to the challenges presented by the global
pandemic to develop a smart anti-microbial coating, the Multilevel
Antimicrobial Polymer (MAP-1) coating
, to control infectious diseases.
Designed for use on different surfaces including wood, glass, metals, concrete,
plastics, fabrics, leathers and textiles, the coating provides lasting
protection and surface disinfection against microbial contamination for a
period of up to 90 days. The smart coating has already been applied in more
than 70 day-care centres, homes for the elderly, kindergartens and primary and
secondary schools. In addition, Professor HC Man, Dean of the Faculty of
Engineering at Hong Kong Polytechnic University, will share on how his team
launched the General Use Face Shield to provide enhanced protection for
the public and minimise the risk of virus transmission within the community.

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Business
opportunities are also arising for start-ups in fields such as fintech, smart
city and education technology. Katherine Cheung, Chief Marketing Officer
of on-demand online tutoring platform Snapask, will share on how recent social
distancing measures have unleashed opportunities for the Hong Kong-based
start-up in both local and overseas markets. Founded five years ago, Snapask is
now serving over 3.2 million students with more than 350,000 tutors across
eight Asian locations — Hong Kong, Taiwan, Singapore, Malaysia, Indonesia,
Thailand, Japan and Korea. The start-up has registered an increase of 1.3
million users over the past 12 months, including a big surge due to the
suspension of classes amid the COVID-19 pandemic. In Hong Kong, the platform
currently has some 40,000 tutors and 200,000 active users, most of whom are
high school students with a high percentage of them preparing for the Hong Kong
Diploma of Secondary Education examination. Some parents also seek advice while
helping their primary school kids with their homework. Understanding the demand
from students studying late at night, Snapask has pushed the boundaries of
traditional tutoring to offer a 24-hour service. Apart from its app, Snapask is
also developing business-to-business (B2B) solutions using AI technology to
provide personalised learning resources through big data analysis.

Read Also:  Nurturing the Designers of Tomorrow: Nippon Paint Continues Driving the Future of Design with Budding Talents 13 Years On

Disrupting
industries with pioneering ideas

At the
event’s plenary session tomorrow morning, titled ReviveRedefine,
William Ip
, Managing Director of Carousell Hong Kong, and Crystal Pang,
Co-Founder of Pickupp, will share how their start-ups are working to redefine
their respective industries through pioneering ideas. Mr Ip will share how the company has promoted
the concept of a “sharing” future through its customer-to-customer (C2C)
marketplace. Ms Pang will introduce how the start-up is redefining the
delivery industry and expanding its business in the Asian market. Pickupp also
works with genetic testing and digital health company Prenetics to
provide a door-to-door saliva specimen collection service for patients
who need to undergo COVID-19 testing.

In addition, the newly
launched Enterprise Connect series, featuring ArupEpson and Fung
Group
, will showcase how enterprises can join hands with start-ups to
create shared value and revive businesses across different industry pillars.

Representatives
from the media are welcome to join the closed-door seminars, which will be held
at S226-228 at the Hong Kong Convention and Exhibition Centre. Details are as
follows:

16
July (Day 1)

Plenary Session: ReviveRedefine

Time:

11:30am-12:30pm

Speakers:

 

William Ip, Managing
Director, Carousell Hong Kong

Crystal Pang, Co-founder,
Pickupp

Language:

English

 

 

From Crisis to Chances: Unleashing
Opportunities in Challenging Times

Time:

3:15pm-4:15pm

Speakers:

 

Professor Yeung King-lun, Department of Chemical
and Biological Engineering & Division of Environment and Sustainability,
Hong Kong University of Science and Technology

Professor HC Man, Dean, Faculty of
Engineering, Hong Kong Polytechnic University

Katherine Cheung, Chief Marketing Officer,
Snapask (Holdings) Inc

Language:

English

 

 

T-Chat — Futurising Your
Business: Renaissance from the Age of Digitalisation

(Exclusive online broadcast
session)

Time:

4:30pm-6pm

Speaker:

Gerd Leonhard, CEO, The Futures Agency

Panellists:

 

Karena Belin, CEO & Co-Founder,
WHub

Dr Toa Charm, Associate Professor,
Business School, Chinese University of Hong Kong

Herbert Chia, Venture Partner, Sequoia Capital
China

Language:

English

Please click here for details of all seminars over
both days of E-Day.

Photo
download: https://bit.ly/328BLYh

Photo 1: For the first time, a
futurist will speak at E-Day. The “T-Chat — Futurising
Your Business: Renaissance from the Age of Digitalisation” seminar will address emerging issues in the
post-COVID-19 era, with Gerd Leonhard shedding light on future trends
in such fields as business, society and governance in the face of exponential
technological progress

Photo 2: William Ip, Managing
Director of Carousell Hong Kong (left), and Crystal Pang,
Co-Founder of Pickupp (right), will share on how their companies are
helping to redefine their respective industries through pioneering ideas

Photo 3: Katherine Cheung, Chief
Marketing Officer of on-demand online tutoring platform Snapask, will share
on how recent social distancing measures have unleashed opportunities for the
Hong Kong-based start-up in both local and overseas markets

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To view
press releases in Chinese, please visit http://mediaroom.hktdc.com/tc

About HKTDC

The Hong
Kong Trade Development Council (HKTDC)
is a statutory body established in
1966 to promote, assist and develop Hong Kong’s trade. With 50 offices
globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a
two-way global investment and business hub. The HKTDC organises international
exhibitions
, conferences
and business
missions
to create business opportunities for companies, particularly small
and medium-sized enterprises (SMEs), in the mainland and international markets.
The HKTDC also provides up-to-date market insights and product information via trade
publications
, research
reports
and digital
news channels
. For more information, please visit: www.hktdc.com/aboutus.
Follow us on Twitter @hktdc and LinkedIn

Entrepreneur Day helps start-ups redefine industries

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Latest News

New entrant AECO Energy launches business innovation to deliver ‘last mile of value chain’ to Singapore’s maturing open electricity market

  • AECO Energy announces the launch of its operations in Singapore to provide innovation to the open electricity market for businesses with generation 2.0 of its technology and service offerings.
  • The company will introduce three solutions as part of its initial portfolio, customisable to specific business needs.


SINGAPORE - Media OutReach - 13 April 2021 - AECO Energy, a new entrant to Singapore's electricity sector, has today announced the launch of its operations. AECO Energy will be the first-of-its kind energy technology and services company aimed at innovating customer-centric offerings in electricity and renewable energy markets.

With over 12 years of experience in delivering open market electricity services and solutions to businesses in Australia under the Power Choice brand, AECO Energy is bringing its second generation of services and technology to Singapore for the first time. AECO's second generation delivers on two major offerings.

Firstly, AECO delivers the 'last mile' of value in Singapore Open Electricity Market (OEM) value chain by providing innovative services to assist businesses to manage, plan and make better buying decisions.

AECO is all about enabling increased profits for businesses. AECO has a customer-centric mission to use its low-cost proven technology and expert-led services to enable better business decisions within a complex electricity market with multiple providers and opaque medium- to long-term pricing information. This comes against the backdrop of Singapore's maturing OEM, which gives businesses and consumers the autonomy to buy and choose their electricity providers - the freedom to choose.

AECO Energy's technology platform, MarketPro™ with its unique, electricity futures market simulator Rate Watch™, delivers business and electricity efficiency and empowers businesses through relevant and timely pricing information, while also helping Singapore businesses make better buying decisions via automated tenders and reverse auctions. Moreover, for businesses who do not have the capability and capacity to manage and purchase its own electricity, AECO Energy Portfolio™ delivers scalable buying power with a fully-managed contract management and purchasing aggregation service for small, medium and large businesses.

Alan Jones, CEO, Chairman & Founder, AECO Energy, said: "We are incredibly excited and humbled to be joining Singapore's dynamic energy scene with our low-cost, high-value products and services. Our mission is clear: just like Amazon is revolutionising the 'last mile' of product supply chains with its same day delivery, we are also delivering the 'last mile' of the value chain in Singapore's OEM that enables more businesses better purchasing decisions, more business profitability and growing all of Singapore's economy."

Secondly, with SGX-listed entities, enterprises and multinational corporations (MNCs)' increasing emphasis on sustainability, AECO (through its SustainPro™ offering) will bring for the first-time in Singapore the benefit of AECO's direct relationship with generators of International Renewable Certificates (I-REC). This enables Southeast Asian markets the benefit of medium- to long-term low-cost and structured REC solutions to meet renewable energy targets and sustainability goals. This translates to more profits by providing more predictable costs for businesses in meeting their sustainability and renewable energy goals.

"As a specialised company, unburdened with corporate overheads and distractions from Singapore's local market participants, we can offer companies who are based anywhere in Southeast Asia, sustainability and renewable energy solutions that span markets and countries at a lower and more predictable price. We are honoured to play our part to bring sustainability and increased renewable energy throughout the world and to do so while benefiting our customers' cost structures," continued Mr. Jones.

AECO Energy is introducing three offerings as part of its electricity management solutions:

  • MarketPro™: Businesses can optimise costs and seize market opportunities with exclusive access to customised market price information through AECO Energy's integrated online procurement and management platform equipped with Rate Watch™, a market simulation and automated procurement technology from as low as SGD $149 per month.
  • Portfolio™: Businesses get exclusive access to economies of scale with better buying power through professional and expert-managed energy procurement portfolios overseen by AECO Energy experts. This allows enterprises to focus on their core business while AECO Energy experts will fully-manage their electricity contracts and make better buying decisions on their behalf from as low as an additional SGD $74 per month.
  • SustainPro™: SustainPro focuses on helping businesses meet their sustainability goals at the lowest cost. AECO Energy offers lower costs on the procurement of Renewable Energy Certificates (RECs) and tailored REC supply solutions designed to meet transition needs towards a more sustainable business.

"With the understanding that business needs are unique for every organisation, our energy experts will work closely with customers here in Singapore to help them reduce costs, drive efficiency and make better buying decisions. By providing technology-enabled, insights-driven energy technology solutions, we want to create a profound impact on our customers' businesses to better position them for sustainable growth in the long-term," concluded Alan.


About AECO Energy:

Based in Singapore, the AECO Pacific Group owns and operates the Power Choice and AECO Energy brands. A leading pioneer for more than 12 years in electricity brokerage and consulting services in Asia Pacific focusing on deregulated electricity markets, AECO Pacific helps businesses with electricity procurement and management backed by market intelligence. Transforming and saving businesses more, AECO's combined experience in energy leadership and innovative technology solutions remain unmatched in dynamic and changing energy markets. For more information, visit https://powerchoice.com.au/ and https://aecoenergy.sg/.

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