The advancement of technology and the popularization of the Internet have made more and more people have the idea of starting a business. Several international companies that have rapidly subverted human life patterns in recent years, such as Facebook and Dropbox, have all started with so-called Startup new ventures with limited funds and resources. How did these companies that are now important around the world start, prepare funds, and enter the international market? In addition to its own talent and hard work, the environment to support new venture groups is also one of the factors of success. In order to compete with this major trend, under the guidance of the Ministry of Economic Affairs and Industry Bureau, the Institute of Innovation and Application Services of the Zi Ce Association (Innovation and Research Institute) held the first ASIA BEAT this year with the "fundraising and Asian market perspective" as the main axis.
Participants include Jongmahn Park, CEO of CampMobile under South Korea, Daniel Kang, Director of SoftBank Ventures Korea, and Shen Haiyin, Vice President of China, gathered together to share market trends and spark new creative sparks through special speeches and forum exchanges in various Asian markets, investors' views, and innovative technology.
Today (1) event in addition to the speeches in the main conference hall, the Startup Battle and the commodity display booth of the newly established groups, the venue also includes three special conference rooms, marked South Korea, China, and Japan. It was specially set up from 1:00 p.m. to 5:00 p.m. to explore the entry analysis of the three countries markets. The series of speakers in these three conference rooms are pioneers with special experience in the venture capital markets of the Three Kingdoms. For example, Taekkyung Lee, the founder of South Korea Primer, shared the trends of South Korea's ICT industry over the past decade, Harry Wang released the investment focus of Chinese investment companies in China, and Thaddeus Koh, the founder of e27, discussed the experience of raising funds from Japanese investment companies, etc.
In addition, "Internet of Things", "cloud" and "big data" are all the favorites of recent technological trends. All entrepreneurial groups have competed for this trend and launched new products full of ingenious ideas. For example, KalaVision, a Taiwanese startup that attended ASIA BEAT today, used old smartphones to make online live link monitors, which is not only environmentally friendly, but also eliminates the cost of hardware and is directly connected to cloud management. Another new group that has attracted attention is Nthing from South Korea. It has developed special potted plants that can connect to smartphones, helping users monitor temperature, humidity, and sufficient sunlight, using data to support users to take care of potted plants, and using the Life mobile app they have developed to set growth records for their beloved plants. What is more worth mentioning is that high school students in Taiwan are not inferior. Taiwan’s Samsung Electronics actively cooperated with campus this year and jointly organized the “Samsung Campus APP Star” program with eight colleges and universities in Taiwan, which specially tutored the students of Songshan Workers and Peasants. Its excellent team LanisiII developed a creative ecological tank maintenance system within two weeks, using the APP to instantly monitor the plants in the home and control their temperature, humidity and watering time through intelligent functions. Wu Ruibei, CEO of
Investment Strategy Association, said that the Investment Strategy Association has long been vigorously promoting the development of "Taiwan's innovation and entrepreneurship to the international stage". In order to let the world see the energy of Taiwan's innovation and entrepreneurship, it has built an Asian entrepreneurial stage "ASIA BEAT" for the first time. With the theme of "Fundraising and Asian Market Views", it has expanded the scale and invited international teams and venture capital to come to Taiwan for exchanges and discussions. It hopes to share new entrepreneurial trends through global entrepreneurs, and hopes that more partners can invest more entrepreneurial resources in the future. Taiwan will drive the atmosphere of entrepreneurship development in Asia, enhance the Asian entrepreneurial environment and align with the international community.
The sponsors of this event, South Korea's Startup Alliance Korea and KOTRA representatives were Director Lim Jung-wook and President Oh Young-ho, respectively, and attended the event, saying, "Startup Alliance Korea led the top 10 Korean teams to Taiwan to participate in the exhibition and competition, hoping to assist the Korean team in other Asian markets; at the same time, it also assists other overseas countries in the Korean market." KOTRA President Oh Young-ho said, "KOTRA has offices in 24 countries, including China, Japan and Singapore. These countries will assist our team in the trend of startups.”
In addition to a series of rich forums and display booths for 45 startups today, the 30 most promising startups in Asia have conducted a fiercely competitive first round of Startup Battle. The champion team will be announced in the evening after the second round ends tomorrow (2nd). They will receive a NT$300,000 bonus provided by Samsung Electronics in Taiwan, 2 people provided by Hon Hai San Chuangcai Center for free for free in Star Rocket Co-working Space, Paypal, and the exposure opportunities of the three major Asian technology media, including e27, TechNode, Platum, etc., to put an end to the event.
