StarHub, SingTel to help fund APAC startups

SMBWorld Asia editors
23 Apr 2014
00:00

StarHub and SingTel have launched separate initiatives to help Asia-Pacific's startups.

StarHub i3 today announced the beta launch of Crowdtivate, its online social launchpad aimed at helping local and Asia-based entrepreneurs and artists make their innovative ideas come true.

SingTel, meanwhile, has launched Innov8Sparks, an initiative to help startups in Asia Pacific get more help entering new markets across the region.

StarHub i3's Crowdtivate is an open platform for entrepreneurs and artists to obtain financial contributions from supporters around the region via a funding system in return for specific rewards.

Tapping this crowdfunding platform, they are able to create awareness of or gather feedback on their ideas or works. Crowdtivate also allows supporters to easily discover and back new products and services offered by these entrepreneurs or artists, and to support the project they most believe in.

Crowdtivate is co-managed by StarHub i3 and its partner, Crowdonomic, a crowd-powered technology solutions and strategic advisory firm based in Singapore. The platform has the support from Home-Fix Experience Centre, National Book Development Council of Singapore, NUS Design Incubation Centre and Singapore Infocomm Technology Federation.

Crowdtivate is currently open to entrepreneurs and artists to propose projects for crowdfunding. Interested parties can visit www.crowdtivate.com to request for an Invitation Code to enter the platform.

"Crowdfunding is an extremely popular way for the global community to connect with artists and entrepreneurs, and for them to participate in bringing great ideas to life. Many of the most successful companies today have roots in the crowdfunding community,” said Stephen Lee, StarHub’s Head of i3 (Innovation, Investment, Incubation).

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