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Back to News 30/11/2010

Singaporean institutions ACE and NTU to host Asia’s first World Entrepreneurship Forum

The Action Community for Entrepreneurship (ACE) and Nanyang Technological University (NTU) have jointly become the third founding member of the World Entrepreneurship Forum. Singapore will host the 4th annual conference of the World Entrepreneurship Forum in November 2011. This makes Singapore the first founding member from Asia to join the Forum, and the first country in Asia to host the Forum.

The Memorandum of Understanding between EMLYON Business School, KPMG, ACE and NTU to seal Singapore’s Founding Membership was signed on 5 November during the Gala Ceremony attended by 800 guests at the World Entrepreneurship Forum held in Lyon, France.

ACE has participated in the Forum since 2009, with the two-fold objective of sharing Singapore’s model of fostering entrepreneurship, and building relationships with global leaders and experts to enhance ACE’s work. Stepping up to become a founding member of the Forum is in line with ACE’s direction of deepening its work in building a more entrepreneurial Singapore. Through knowledge sharing at the Forum, ACE will deepen its understanding of entrepreneurship-related issues, so that it can better engage the government and other partners in formulating entrepreneurship policies and initiatives.

Already, Singapore’s dynamic entrepreneurship scene and comprehensive government support has won admiration and respect from the international community at the Forum. Last year, Minister of State for Trade & Industry and Manpower, and Minister in-charge of Entrepreneurship, Mr Lee Yi Shyan, made a keynote presentation on Singapore’s multi-faceted framework to promote entrepreneurship.

Earlier in June this year, as a lead-up to the 2010 Forum, NTU hosted Southeast Asia’s first Junior World Entrepreneurship Forum. The forum enabled students and other young participants from Singapore to interact and engage in dialogue with successful entrepreneurs on how to take their ideas to the next level, while leveraging entrepreneurship as a way to create wealth.  NTU was also appointed one of the six World Entrepreneurship Forum Centres, representing Asia.

About Action Community for Entrepreneurship
The Action Community for Entrepreneurship (ACE) is a movement that involves both the private and public sectors to create a more entrepreneurial Singapore. ACE works with partners to enhance our pro-enterprise environment; fosters an entrepreneurial culture and mindset; and facilitates networking and learning among entrepreneurs.

For more information, visit http://www.ace.sg/

About Nanyang Technological University
One of the fastest-growing research universities in the world, NTU is ranked among the world’s top one percent of the world’s universities according to the 2010 QS World University Rankings, and has been cited as a model for science and technology education.
As Singapore’s main science and technology university, NTU makes key contributions to a national research and innovation drive, particularly in the high-investment areas of biomedical sciences, environmental and water technologies, and interactive and digital media. In 2008, the Ewing Marion Kauffman Foundation, one of the world’s largest foundations for entrepreneurship, selected NTU as the first Kauffman campus outside of the US. 
For more information, visit http://www.ntu.edu.sg/

Press contact:

Daniela Sutan: sutan@yahoo.com  

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