ICE71, the region’s first hub for cyber security entrepreneurs and start-ups, has strengthened start-ups’ ability to secure funding through ICE71 Accelerate, a three-month accelerator programme for early-stage cyber security start-ups. Since the programme’s inception in July 2018, 16 of the start-ups from the previous cohorts have collectively raised S$18 million, including funding from ICE71’s founding partners Singtel Innov8 and NUS Enterprise.
Today, nine cyber security start-ups from ICE71’s (Innovation Cybersecurity Ecosystem at BLOCK71) latest cohort were given the opportunity to pitch their companies and solutions to potential investors, partners and customers via a virtual Demo Day (view here). The event is particularly relevant given the increasing cyber threats related to data security and privacy as companies accelerate their digitalisation and more people study or work from home during and after the COVID-19 pandemic. These challenges have driven even greater demand globally for cyber security solutions that can help mitigate these risks.
Given the cautious investment climate during this COVID-19 pandemic, cyber security start-ups face greater challenges in getting investors to fund their ventures. With ICE71’s resources, start-ups can leverage its capabilities in mentoring and connecting them to an ecosystem of investors, partners and customers.
Mr Edgar Hardless, CEO of Singtel Innov8, said, “The COVID-19 pandemic has upended the start-up ecosystem, making it extremely difficult for start-ups to connect to investors to get funding and grow their businesses. This underscores the value of the cyber security community and network of start-ups, investors, partners and customers that Innov8 has helped ICE71 create over the past two years. ICE71’s virtual Demo Day provides our Cohort 4 start-ups a great way to showcase their technology and solutions to potential customers and investors, both locally and internationally.”
Professor Freddy Boey, NUS Deputy President (Innovation and Enterprise), said, “The emergence of new challenges in these unprecedented times has presented ample opportunity for cyber security entrepreneurs to create innovative solutions. As cyber security is even more crucial than before, we need strong synergy in our ecosystem to collectively address sophisticated cyber threats. NUS and Singtel have been working closely to help strengthen our defences, having made a breakthrough under the NUS-Singtel Cyber Security Lab last year. Through ICE71’s programmes, we continue our efforts in developing industry-relevant programmes and platforms to help our start-ups go to market more quickly. We will continue to offer the resources to help cyber security entrepreneurs accelerate in their growth and expand our ecosystem with support from the Government and our industry partners.”
Hailing from Singapore, Australia, Israel, the UK, the US and Poland, the current cohort of nine start-ups has developed a range of cyber security solutions that are applicable to businesses, governments and consumers. Please refer to the fact sheet in Annex A for more information on each of these start-ups.
To deliver the ICE71 Accelerate programme, ICE71 partnered with CyLon, a dedicated cybersecurity accelerator from London, UK.
To date, ICE71 Accelerate has supported a total of 34 cyber security start-ups through four cohorts, with the aim of strengthening Singapore’s growing cyber security ecosystem by attracting and developing cybersecurity start-ups with innovative competencies and new technologies. ICE71 will continue to support these start-ups through both the ICE71 Scale programme and ICE71 Community initiatives, giving them access to incubation facilities, leadership development and expert speaker programmes, networking events and the region’s leading cyber security community of investors, strategic partners, enterprises, government agencies and cyber security experts.
2023 Global Business and Law Conference held in Beijing
BEIJING, Sept. 24, 2023 /PRNewswire/ — The 2023 Global Business and Law Conference was held in Beijing on the evening of September 22. At the opening ceremony, former Canadian Prime Minister Jean Chrétien, and WTO Deputy Director-General Zhang Xiangchen delivered video messages. Wang Binying, WIPO Deputy Director-General; Shoichi Okuyama, President of the AIPPI; and Marcelo Vazquez-Bermudez, First Vice-President of the International Law Commission (ILC), delivered speeches at the venue.
Ren Hongbin, CCPIT President, presided over the opening ceremony and issued Beijing Declaration of the Global Business and Law Conference on behalf of participants. The Declaration features: safeguarding the multilateral trading system and advancing the global governance reform; strengthening the role of the rule of law and stimulating enterprise innovation; deepening international exchanges on rule of law and fostering global business cooperation; improving international economic and trade rules and optimizing business environment; gathering global forces to achieve common prosperity.
At the main forum, Tao Kaiyuan, Vice President of the Supreme People’s Court; Zhang Mingqi, Vice President and Secretary-General of China Law Society; Wu Pengyi, Permanent Secretary of Singapore’s Ministry of Law and Second Permanent Secretary of the Ministry of Foreign Affairs; John Denton, Secretary-General of the International Chamber of Commerce (video), and Teresa Cheng Yeuk-wah, former Hong Kong Justice Secretary, delivered keynote speeches. Yu Jianlong, Vice President of CCPIT, presided over the forum. Huang Jin, President of the Chinese Society of International Law; Stephan Wernicke, Chief Legal Officer of the Association of German Chambers of Industry and Commerce; Sheng Leiming, Vice President of All China Lawyers Association; Zhang Jinwei, Vice President of Alibaba Group; and C.M. Chan, President of the Law Society of Hong Kong, entered into discussions around the theme to promote the construction of an open world economy.
Approximately 500 people attended offline, including representatives of international organizations such as the WTO, the WIPO, the ILC, and the AIPPI, representatives of government departments of Canada, Germany, Singapore, representatives of envoys in China, Chinese and foreign legal service organizations, business associations, and enterprises, and local and industry trade promotion associations. Representatives from over 30 countries, including Egypt, Thailand, India, Japan, Turkey, Switzerland, Germany, Denmark, Britian, France, Belgium, Italy, and the U.S., attended online.
Three parallel forums themed “strengthening law-based protection for innovative development”, “leveraging rule of law to foster business cooperation” and “improving international rule of law and leading the change of the times” will be held on September 23.
Office of the Executive Committee of the WMC: Anhui Strengthens Scientific and Technological Innovation Capacity to Attract Multinational Enterprises
HEFEI, China, Sept. 23, 2023 /PRNewswire/ — Multinational corporations are an important force in building an open world economy. The matchmaking meeting of multinational companies at the 2023 World Manufacturing Convention (WMC) was held on the afternoon of September 20, in Hefei. This matchmaking meeting resulted in 33 cooperation projects with a total investment of 15.6 billion RMB.
Volkswagen, Continental, NIO, Corning, Saint-Gobain and other multinational companies continue to expand investment in Anhui; BEA, HSBC, Mizuho, Standard Chartered, Nanyang Commercial Bank and other international financial institutions have successively made deployments in Anhui. According to the data, more than 4,600 foreign-funded enterprises had taken root in Anhui by the end of 2022, and 89 overseas Forbes Top 500 companies had set up 180 enterprises in Anhui, with foreign-funded enterprises contributing 23% of Anhui’s imports and exports.
The technological innovation is the most beautiful business card in Anhui. The world’s first quantum satellite “Mozi”, the world’s first commercial “quantum microscope” and many other world records are made in Anhui. According to statistics, Anhui has 23.7 effective invention patents per 10,000 people. With 121 universities, 7074 scientific research institutions, and 324 vocational schools, Anhui is also rich in innovation resources. Large scientific installations are forming clusters, and the key national laboratories have made plans in Anhui. The construction of Hefei Comprehensive National Science Center speeds up, and the Hefei-Wuhu-Bengbu National Independent Innovation Demonstration Zone develops rapidly. On average, there are about 11 national high-tech enterprises more every day.
Anhui is also an important manufacturing base in China, with all 41 industrial categories, of which 14 industries have a yield value of more than 100 billion RMB, and the yield of home appliances, laptops, and LCD screens is leading in the country. About 4 trillion-level industrial clusters consisting of a new generation of IT, automotive and parts, equipment manufacturing, new materials are being built, of which the “top” automotive industry has gathered 7 finished vehicle factories, more than 1100 parts and components enterprises are above the designated size, the exportation of finished vehicles with independent brands is the highest in China.
Anhui’s integration into the global supply chain system has been effective in recent years. In the first seven months of 2023, the actual use of foreign capital in Anhui’s manufacturing and high-tech industries increased by 33.7% and 68.3% respectively, accounting for 52% and 45.2%.
Meanwhile, Anhui has various open platforms, including China (Anhui) Pilot Free Trade Zone, 21 national development zones, 7 first-class open ports, 5 comprehensive bonded zones, 11 Anhui’s international cooperation industrial parks, 24 national bases of foreign trade transformation and upgrading as well as other international economic and trade cooperation platforms such as the “Investment Tour to Anhui“, the WMC, the Haike Commerce Roundtable, and the “Anhui Going Global” FDI attracting operation, which provide a strong support for Anhui’s opening up to the outside world.
Contact: Yuan Fan
E-mail: [email protected]
View original content:https://www.prnewswire.co.uk/news-releases/office-of-the-executive-committee-of-the-wmc-anhui-strengthens-scientific-and-technological-innovation-capacity-to-attract-multinational-enterprises-301936847.html
Savory and Partners: Surge in demand for second passports as displacement fears at a high
DUBAI, UAE, Sept. 23, 2023 /PRNewswire/ — There has been a surge in demand from Moroccan, Syrian and Indian expats living in the GCC for obtaining second passports, according to new data released from Dubai-headquartered citizenship and residency by investment advisors Savory and Partners.
A sudden spike in interest from Moroccan nationals was seen soon after the devastating earthquake earlier this month, while there’s also been a 30% increase in applications from Syrians and Indians owing to unstable political and economic conditions, as per the advisory.
Over 220,000 Indians renounced their citizenship in 2022, while there is an equally growing desire for a plan B for tax purposes from US and UK citizens.
The Coronavirus Pandemic, followed by wars in Ukraine and now Sudan, has triggered a sense of urgency, and many high-net-worth individuals are finally taking the plunge to acquire second citizenship and passports.
Sudan is currently in its 6th month of a war, which started in April, and according to the United Nations, roughly 3 million people are displaced, and more than half a million are sheltering in neighbouring countries.
Thousands of successful business owners have found themselves trapped in the chaos, with large families yearning for safety and a way out.
“Life in Khartoum was going well, but it became clear that this would be a long war, and the situation worsened. We worked very hard to create this life in Sudan, and it was challenging to sell our properties and assets and decide to leave completely,” says M.L., a Sudanese businessman.
M.L., a holder of a St. Kitts and Nevis second passport, was evacuated with his family to Egypt amidst the tensions. From there, he found a way to swiftly move his family to Cyprus, a residency he has held for three years.
According to an expert at Savory and Partners, the Caribbean Citizenship by Investment programs are among the top three most popular programs selected by expats. “With uncertainty around the Portuguese golden visa and price increases with the Greece and Caribbean programs, the latter remains a favourable and stable option.”
“A powerful second passport is the ultimate insurance in times of a crisis, offering not just global mobility, but personal security, a second home and investment opportunities.
“People have understood that wealth planning is more than just managing your finances; it involves creating a comprehensive strategy to ensure long-term financial security, “she added.
Like many others who planned ahead, ML found a pathway to escape the horrors of war, and his current residency in Cyprus will open doors to Cypriot citizenship for himself and his family.
Savory & Partners is an accredited agent for multiple governments where citizenship by investment is offered. The company has coverage in over 20 jurisdictions, including Europe and was the first firm to obtain all five authorised agent licenses for the governments of the Caribbean Islands. It has processed second passports for over 4,000 citizens with a 100 per cent success rate.
With a presence in 3 continents and 7 countries and more than 60 experts worldwide, the company’s multinational staff comprises advisors who guide clients in English, Arabic, Farsi, French, Spanish and Hindi.
- 2023 Global Business and Law Conference held in Beijing
- Office of the Executive Committee of the WMC: Anhui Strengthens Scientific and Technological Innovation Capacity to Attract Multinational Enterprises
- Savory and Partners: Surge in demand for second passports as displacement fears at a high
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