Under Construction

Source: Thailand Startup News  Sep 22, 2019

True Digital Park–ACE Singapore Centre Unveiled

True Digital Park–ACE Singapore Centre Unveiled
Source: Thailand Startup News  Sep 22, 2019
ACE Singapore or The Action Community For Entrepreneurship, a Singaporean private-led organisation seeking to drive entrepreneurship and innovation in Singapore, has entered into a collaboration with True Digital Park (TPDK), an innovation ecosystem for both Thai and international startups  to officially launch the new True Digital Park–ACE Singapore Centre. The launch marked the market immersion platform, in which Singapore-based startups were able to showcase their solutions to Thai corporations and government entities.

ACE and True Digital Park had signed a Memorandum of Understanding (MOU) in 2018 that represents the collaboration between Singapore and Thailand in the areas of entrepreneurship and innovation. The opening of the Centre marks ACE’s support for local and international startups with market access opportunities. The Centre is the second one launched by ACE this year and the first within Southeast Asia.

The centre will allow Singaporean startups to be able to leverage on the TDPK-ACE Singapore Centre as a Landing Zone for access to local partners, spaces for work, and participate in market-focussed programmes.

True Digital Park (TDPK) has been a key strategic partner for Singapore startups to ‘soft-land’ and use Bangkok as a launchpad into the Thai market. Located in the heart of Bangkok’s cyber-tech district, the facility houses startups, venture capitalists, accelerators, and government offices. Singapore startups arriving in Thailand through TDPK will be able to plug-in from day one to help them gain a foothold in their internationalisation plans.

Along  with the opening of the True Digital Park-ACE Singapore Centre, ACE also brought along a delegation of 14 Singapore startups. These startups are part of a 4-day ACE Market Immersion Programme to identify and explore business opportunities in the Thai market. Among those included were:

1.Ai Pallete, an AI platform for FMCG product innovation.
2.Excide, a platform that scales finance capabilities for SMEs in Southeast Asia. 
3.Fleetnetics, a flagship product of DewTouch, is a platform that handles car rental, spare part distributors, motor garages 
4.Haulio, a Singapore-based digital container haulage network.
5.Infinitus, a blockchain-based mobile application that protects and safe keep users’ private keys, mnemonic phases
6.Motorist.sg, a Singapore’s AutoConcierge Platform that simplifies vehicle ownership.
7.OFFEO, a design-driven online video maker that enable small businesses  to create compelling social media videos easily.
8.Omniaz, a platform that drives the global alcoholic beverage industry toward technology and data 
9.Rock Nano Global, a company that creates gamification and game-based learning type products.
10.SecureAge, a data security company headquartered in Singapore that places real security and usability on equal footing.
11.Ezyprocure, intelligent procurement solutions to market that help maximise productivity, cashflow, and profitability.
12.Small Batch Learning, a startup that solves the problem of “how do we fund free education” .
13.martAHC, a platform that provides data infrastructure to bridge the livestock data and livestock producers’ ERP system.
14.TakejiDesign, a startup with a mission to produce disruptive media and technology that helps businesses.

As part of the launch,there was also the signing of a MOU between ACE and the Singapore-Thai Chamber of Commerce (STCC). STCC is a registered chamber in Thailand with about 260 corporate members that promotes and develops various aspects of economic and social relations between Singapore and Thailand. Under the MOU, companies in each of ACE’s and STCC’s respective ecosystems can expect to benefit from access to community events, workshops, programmes, business contacts, and investor networks, among others.