24 Tech Startups From Asian Countries & Regions To Compete For The 11th AEA 2022 Innovation Award

CHIBA, Japan--(BUSINESS WIRE)--September 8, 2022--

The Asian Entrepreneurship Awards Steering Committee announced today that it will host the Asian Entrepreneurship Awards 2022 (AEA 2022) online event from Wednesday 26 October to Thursday 27 October. The Asian Entrepreneurship Awards have been running for 11 years and celebrate innovation among emerging entrepreneurs and technology startups across Asia.

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AEA 2022 (Graphic: Business Wire)

AEA 2022 will bring together 24 selected startups from across Asia that offer solutions for health, work, lifestyle and sustainability that have become global challenges. At the event, startups will make company presentations showcasing their services and products, and winners will be selected based on a wide range of criteria. These include innovation, the social and economic impact of their products and services, their commercial feasibility, the possibility of cooperation with Japanese companies and the possibility of expanding their operations in Japan. In addition, a social business session will be held simultaneously, during which startups following the seven principles of social business proposed by Dr. Muhammad Yunus will compete to share business ideas to solve social problems.

In addition, Iwao Yoshino, CEO of Microwave Chemical Co., Ltd., which recently entered the Tokyo Stock Exchange bull market in June 2022, will deliver a special speech on the 27th.

For more information about the event, visit https://aea2022online.peatix.com/

Tech startups approved by experts will receive 1.5 months of mentoring to accelerate their entry into the Japanese market.

Since its launch in 2012, AEA has provided a platform for promising entrepreneurs and startups from fast-growing countries and regions in Asia to showcase entrepreneurial ideas and technologies aimed at solving social challenges.

To date, 247 technology startups from 16 countries and regions of Greater Asia have participated in EEA events. All nominees were nominated by well-known organizations such as the Japan External Trade Organization (JETRO) and the University of Tokyo, as well as incubators, accelerators, universities and other institutions that support startups in their countries and regions.

By requiring members to agree to enter the Japanese market or partner with Japanese companies, AEA also provides direct support by matching participating startups with Japanese companies. AEA 2022 will feature several initiatives to further accelerate collaboration between participating Japanese companies and startups.

One such initiative is the organization of mentoring sessions by venture capital companies and the Japanese acceleration team 1.5 months before the event. This should help participants better understand the market and facilitate their cooperation with future Japanese partners.

In addition, online meetings and interviews between participating startups and Japanese companies will be promoted in various ways, such as encouraging participating companies, sponsors, nominees and others to communicate freely with each other using the Slack communication platform. , as are AEA members. 2021 year.

In addition, the capital limit, one of the entry requirements, has been increased from $1 million to $3 million. This reflects increased investment in startups and early-stage startups in recent years, and we expect AEA to attract companies with better governance structures, leading to more specific business partnerships with Japanese companies.

New for this year. Social Business is a session on solving social problems through business

The Social Business session, based on the seven principles of social business proposed by Dr Muhammad Yunus, is new this year and 4 companies have been selected to participate in this category. B. Today continues to support social enterprises to solve social problems through business, implementing it in many organizations. AEA, in partnership with Yunus Japan, will also evaluate startup ideas based on the seven principles of social entrepreneurship.

AEA participating companies have been invited to an online Innovation Leaders Summit.

The Innovation Leaders Summit (ILS), launched under the auspices of the Ministry of Economy, Trade and Industry with the aim of creating global innovation by combining the strengths of large companies with the ideas and technologies of startups, is one of the largest open innovation events. . conference in Asia, attended by 700 startups and more than 100 large Japanese companies. Starting this year, 247 companies that previously participated in AEA will be invited to participate in ILS's online partnering event to continue to support startups entering the Japanese market.

program:

DAY 1: October 26

13:00-14:30

Greetings from the Chairman of the AEE Steering Committee

Shigeo Kagami, Chairman of the Asian Entrepreneurship Awards Steering Committee

Presentation of participating startups

Introducing Kashiwa-no-ha Smart City

14:30-17:00

Semi-final

DAY 2: October 27

13:00-16:00

Final session

16:00-17:15

Presentation of startups nominated by AEA to participate in ILS

Special speech

CEO of Microwave Chemical Co., Ltd. Mr. Iwao Yoshino

17:15-18:30

Session on social issues

18:30-19:00

Announcement of winners and farewell speech

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KEY WORD

SECTOR KEYWORD. MOBILE TECHNOLOGY MOBILE TECHNOLOGY / HEALTHCARE TECHNOLOGY PROFESSIONAL SERVICES SUSTAINABLE LAUNCHING EQUIPMENT FOR HEALTHCARE

SOURCE: Asian Entrepreneurship Awards Steering Committee

Copyright 2022 BusinessWire.

PUBLICATION: 08/09/2022 01:00 / DISC: 08/09/2022 01:02

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