The story: The startup and investment community in Southeast Asia is co-creating “Makan for Hope Festival” to fundraise US$125,000 to support vulnerable communities impacted by COVID-19.
Why: As reported in April 2020, many of some 300,000 Singapore residents who earn below US$2,000 have seen sudden dips in their income during the pandemic, especially after new measures on April 7 restricted businesses deemed non-essential, among other things.
What is Makan For Hope: It is festival is a series of 30 online roundtable conversations taking place over lunches or dinners from June 24th to July 30th 2021. At each session, a seasoned founder or investor will host and share best practices, experiences or industry insights with 10 entrepreneurs or aspiring founders to inspire and encourage peer learning.
These hosts include CEO of Carousell, Shopback and Helicap as well as partners at Vertex Ventures, Golden Gate Venturers and Monk’s Hill Ventures.
The hosts are taking the lead in raising donations by donating minimally US$1,000 while interested participants donate US$100 (early bird price) to attend one of the sessions.
Early bird registration for Makan for Hope Festival sessions will begin on www.makanforhope.org on 10 June 2021. Aspiring entrepreneurs and entrepreneurs who are facing financial assistance may request for sponsorship. Meals for each session will be catered from social enterprises such as Soul Food and Pope Jai Thai and delivered to participants’ homes.
Endeavor Scale Up Philippines unveils the two graduates
The story: ScaleUp, an accelerator programme run by Endeavor Philippines, today unveiled the two startups graduated from the first cohort.
About the startups: Dealogikal and Expedock.
Dealogikal is an automation service for the procurement process through an online marketplace of commodities, logistics providers, and financing options.
Expedock is an automation service on data entry for shipment documents for freight forwarders.
About Endeavour Scale Up: Endeavor ScaleUp, which was launched in 2020, aims to accelerate early-stage startups and groom them into becoming high-impact entrepreneurs. Through a dedicated mentor with first-hand experience in scaling up a business, workshops by industry leaders, and guidance from the Endeavor team, the programme aims to double the revenue of candidate companies in six months.
With the first cohort coming to an end, Endeavor is now looking to launch its second cohort in July. Call for applications runs from July 1 to July 28.
For more information, click here endeavor.org.ph or contact at email@example.com.
NUS develops charger for wearables that transmits power using the human body
The story: A research team from the National University of Singapore (NUS) has developed a solution that enables the wireless charging of wearable tech by using a device such as a mobile phone and treating the human body as a medium for power transmission, says a Tech In Asia report.
The team is led by Jerald Yoo, an associate professor from the Department of Electrical and Computer Engineering and the N.1 Institute for Health at NUS.
What is the solution about?: It involves installing a transmitter on a single power source, such as the smart watch on a user’s wrist, and placing multiple receivers anywhere on the person’s body.
The technology can then harness energy from the source to power multiple wearables through a process termed as “body-coupled power transmission.”
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