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Student startups face-off at Alibaba Cloud-SUSS Entrepreneurship Certificate/Minor - Pitch to InvestorsSINGAPORE, May 22, 2018 /PRNewswire/ -- Six startups of the Alibaba Cloud-Singapore University of Social Sciences (SUSS) Entrepreneurship Programme will pitch to venture capitalists (VC) and Angel Investors on May 25, 2018. They include companies converting coins into e-education, e-currencies, investing in livestock, designing a single platform for multi-channel e-commerce, automating documentation using blockchain technology and creating blockchain e-learning courses. These aspiring business owners, from the first two batches of the Entrepreneurship Programme, will pass the 40 credit unit module if they manage to convince any of the investors to part with their money. They also stand to receive Alibaba Cloud credits of up to USD30,000 and the best team will meet co-founder of Alibaba Group Mr Jack Ma in Hangzhou at the Alibaba Cloud Conference in October 2018. Details of the prizes: 1. Best team: Alibaba cloud credits worth USD30,000 + 3 VIP tickets worth 1,500 USD each + 3 return flights to Hangzhou Some of the startups have already secured seed funding of as much as SGD40,000. The face-off on May 25, in front of a live audience, could mean more funding and opportunities for these ambitious business owners. SUSS Provost Professor Tsui Kai Chong, a keen supporter of entrepreneurship among students, said: "Entrepreneurship develops a new business as well as the person. It is another way of learning." These are the featured startups:
Event Schedule 3:00pm-3:30pm | Registration & Networking Tickets to the event are free of charge for SUSS students, faculty and guests. Limited slots are available for guests and visitors. Sign Up at – https://www.eventbrite.sg/e/alibaba-cloud-suss-entrepreneurship-certminor-pitch-to-investors-2018-registration-45016000068 Backgrounder Launched in July 2017, the programme is accredited by SUSS and run in partnership with Alibaba's cloud computing arm, Alibaba Cloud. It attracted student entrepreneurs and mentors seeking to develop the next big idea in the technology scene. A total of 40 teams comprising 86 people applied, but only 22 teams of 45 participants were selected for the two intakes. The first intake in July 2017 took in 16 teams of 31 students; and the second intake in January 2018 selected another 6 teams of 14 students. The next intake will commence in June this year. Apart from SUSS students, the programme is open to tertiary students aged 18 and above, and anyone who fulfils academic criteria, such as having two GCE A-level passes or 5 GCE O Levels and an interview. There is no course fee and participants only have to pay an application fee of $64.20 (inclusive of GST). Successful candidates have access to mentorship by Alibaba Cloud, C-level industry experts and advisors. Under the programme, the aspirants also get free access to Alibaba Cloud services, including data analytics and Web-hosting services, and can choose from more than 500 SUSS modules, such as Blockchain Technology and Smart Contract Finance and social media marketing. For more information on SUSS entrepreneurship programmes: http://www.suss.edu.sg/Partnership/Entrepreneurship/Pages/Alibaba-Cloud-SUSS-Entrepreneurship-Certificate-Minor.aspx About the Singapore University of Social Sciences Singapore University of Social Sciences (SUSS) is one of Singapore's six autonomous universities and its mission is to provide lifelong education that equips learners to serve society. Home to more than 15,000 students, SUSS provides an applied education that targets both fresh school leavers and adult learners, with a focus on the social sciences. It adopts a flexible and practice-focused learning approach and offers more than 70 degree programmes in various disciplines. Eligible students taking SUSS undergraduate programmes enjoy government subsidies and access to government bursaries, tuition fee loans and study loans. For more information on Singapore University of Social Sciences, please visit www.suss.edu.sg. SOURCE Singapore University of Social Sciences |