Smarter Me and Founders Bootcamp have just launched the inaugural Young Founders Summit @SEA, bringing this global competition for teenager founders to Asia!
Online PR News – 04-September-2018 – Singapore – Smarter Me and Founders Bootcamp - the World's first Venture Capital fund focused on teenager founders are excited to announce the launch of Young Founders Summit @Southeast Asia, a landmark global startup competition where tween and teen founders pitch million dollar startups.
Originally from Los Angeles and supported by Milken Institute, MIT and UCLA, the competition awarded 8 teams (out of 1,200 teams from 26 countries) USD50,000 each in exchange for 5% of the company. Winners also gained entry into the esteemed 2-month acceleration and mentorship program at University of California, Los Angeles, where they incorporated their companies, launched their businesses, and acquired customers.
Students' lives are truly transformed, as this is more than just a one-weekend pitch competition - it's a movement of teenager founders. The co-founders of Tinder were so enamoured with one party hosting app, that they invested in them; The Trill Project have acquired 15,000 users in 3 months and secured USD500,000 in seed funding. The winners also enjoyed a guest appearance on national Los Angeles TV.
"These teenager founders all share a common goal - to creatively use technology to problem-solve for a better world, and to change the world. We believe that the entrepreneurial mindset is one of the most important skills to succeed in the future, but most kids don't even try because they don't know they can." CEO of Smarter Me, Ee Ling Lim said. "Therefore, by bringing Young Founders Summit to South East Asia, we want to empower them and change the perceptions of what's possible."
Open to teenagers and pre-teens aged 10 to 17, the winner of Young Founders Summit @South East Asia will not only win USD5,000, but more excitingly, will represent South East Asia to the Finals of Young Founders Summit Global @UCLA in 2019, bypassing thousands of applicants to pitch for the grand prize of USD50,000 and entry into the esteemed acceleration and mentorship program!
Supporting this landmark summit are established entrepreneurs and investors - PR maven and high profile serial entrepreneur Tjin Lee, Co-Founder of Love Bonito Rachel Lim, Partner of VC fund SeedPlus Tiang Lim Foo, INSEAD Professor of Entrepreneurship Virginia Cha, Co-Founder of Paktor Jing Shen Ng, and more.
On 17 November 2018, 30 teams will battle it out at Stamford American International School. The Finals is open to the public who would like to get inspired by these amazing teenage founders.
Know of any entrepreneurial tween or teen who would love this experience of a lifetime? Submissions are now open!