Virtual festival to showcase region’s promising startups

Darussalam Enterprise (DARe) will be bringing together leading entrepreneurs, investors and ecosystem builders from the region for the first ASEAN and Republic of Korea (ASEAN-ROK) Startup Festival on December 8.

The festival aims to showcase promising startups as well as promote collaboration and the exchange of information amongst startup ecosystems within ASEAN-ROK.

The festival is hosted as part of Brunei’s ASEAN Chairmanship and falls under the ongoing partnership between ROK’s Ministry of SMEs and Startups (MSS) and the ASEAN Coordinating Committee on Micro, Small and Medium Enterprises (ACCMSME).

The one-day event will be hosted virtually and broadcasted over Zoom and DARe’s Facebook page @darussalamenterprise, with startup founders, ecosystem builders and investors from ASEAN and ROK presenting and joining in panel discussions to deliberate the latest challenges and opportunities in the startup ecosystem.

Minister at the Prime Minister’s Office and Minister of Finance and Economy II Dato Seri Setia Dr Awang Haji Mohd Amin Liew bin Abdullah, in his capacity as Chairman of DARe will deliver the keynote address.

Meanwhile, the opening remarks will be delivered by ROK’s Deputy Minister for SME Policy at Ministry of SMEs and Startups Byeon Taesup and Permanent Secretary (Industry) at the Ministry of Finance and Economy Pengiran Hajah Zety Sufina binti Pengiran Dato Paduka Haji Sani, who is also a DARe board member.

The ASEAN-ROK Startup Festival will provide an opportunity to spark collaborations between ASEAN and ROK startups, and startups ecosystem builders to broaden and strengthen their network through sharing of best practices and exchange of information, and a chance to learn more on pitching tips during an ‘Ask Me Anything’ session with regional investors.

The one-day festival will present a diversity of startups from AMS and ROK, keynote speeches and panel discussions from a diverse range of high-level speakers including two ASEAN unicorns Carro and GOJEK – startups who have reached USD1 billion in valuation – which will have their own segments to share challenges they faced during the COVID-19 pandemic.

The festival is one of 11 startup partnership programmes that were committed following the 2019 ASEAN-ROK Commemorative Summit. Visit ASEAN-ROK Startup Festival’s at www.aseanrokstartupfestival.com to learn more or register.