Angel’s Gate is over at the Asian Television Forum 2012!
ATF 2012 which was held over 4-7 December, held at Marina Bay Sands Expo & Convention Center, is one of the most popular platform in Asia for content. ATF acts a as premium content market to buy, sell, finance, distribute and co-produce across all entertainment platforms.
Ash Singh, Founder of Angel’s Gate, was featured as a speaker during the talks which ran alongside the ATF convention.
Here are some pictures from the event!
Catch more pictures of Angel’s Gate at ATF over at our Facebook Page
John Fearon, one of Angel’s Gate Season 1 successful contestant, from DropMyEmail has brought in new co-founders for his venture EatAds.
Original Article from SGEntrepreneurs.com
Revitalized EatAds, with new funding and co-founders, looks to disrupt traditional advertising in Asia
It was an idea worth pursuing, but entrepreneur John Fearon had to let EatAds gestate to pursue Dropmyemail, which he felt had greater immediate potential.
Now, John is ready to grow EatAds again, and this time, he’s brought reinforcements in two new co-founders. Dhruv Sahgal, who worked at Royal Bank of Scotland, joins the company as business operations lead while Nigel Hembrow, formerly at e-billing startup GreenPost, will head up product development.
EatAds has also secured more angel funding from Crystal Horse Investments, their original backers, and it managed to bring along a few more angel investors.
Lessons & takeaways from Eric Tachibana @ Angel’s Gate Jam Session #3
The 3rd Angel’s Gate Jam Session held at NUS Business School was a huge success! Attendees loved the venue, food and most of all, the two speakers that took time off to grace the event, Eric Tachibana & Dr Chau Chun Dong.
In case you’ve missed our Jam Session, here’s a quick round-up on the key lessons & takeaways on Eric’s topic: “Designing for Exit- How to build the exit plan into the business plan.”
Background: Eric Tachibana, adjunct professor at NUS Business School and Managing Director at eXtropia Holdings.
Building an exit strategy is important when starting up.
Before you start walking, you need to know where you want to go and business strategy is exactly the same thing. If you don’t think about your exit before you start, you may be in a situation where you can’t exit because you haven’t been walking in the right direction or you’ll have gotten somewhere, but have all the wrong tools to climb the mountain. The way you’ve built your company over time makes it very difficult for an exit.
3 Key Points – WHY, HOW & WHEN on exiting your business.
WHY should we think about Exit?
Money - “This is business school right? The answer is always money!” mentioned Eric, so one of the key reasons why we want to exit is to take money out of this venture hopefully at a premium on how much the founders have invested in the first place.
Growth – In this scenario, business owners are not getting a whole lot of money out of the business, either because the founders don’t have the right skillsets or perhaps they have a great product but no capability in distribution. For this company/product to grow to that next level, it requires a distribution channel which they do not have.
Exhaustion – After 3 to 5 years of putting your heart and soul into a company, maybe you are just tired and you need to move somewhere else and take a break.
Failure – “So in many cases, in most cases probably the business won’t go the way you wanted it to go and the business is going to fail.” An exit before a business failure may help to recoup some of the losses incurred.
HOW should we exit?
IPO – Eric compared IPO toselling a dream to retail investors / mutual funds or anyone who is going to buy a lot of shares in the open market.Planning an IPO as an exit has ramifications upon the type of company that you build. You are setting yourself up to become an IPO Company, you need to build certain things. For example, you need to build a certain type of brand, a certain type of growth into it. You will need to build a strong legal and audit infrastructure because you are going to go through a rigorous process of due diligence when you actually list.
Trade Sale – IPO is the sale of shares publicly, trade sales are a little different. In a trade sale, the company shares are sold to another company. The typical strategy with a trade sale approach is that, you need to be clear where you are today and where will the industry be in 3 to 4 years from now. You need to look at the big players who will be potential buyers or who will be the buyers with a lot of liquidity and what would they need to buy in order for them to accelerate their growth.
The Zombie Company – Zombie companies are coined as such as they are the companies that live forever. These companies are the absolute foundation of the economy and represents 98% of the companies which are providing jobs and which are actually contributing to GDP growth. Some zombie companies are family owned and the main focus is sustainability of the firm, not the people. So when you’re building a company that will use the zombie firm approach to exit, the focus is on sustainability and passing it down.
Liquidation – If you create a company which you’re ultimately going to liquidate, it can be quite lucrative. Escpecially if you have a huge inventory of things that are easily sold on the open market for high profit sometimes that’s a great option. “Just close everything down and the founders can enjoy all the proceeds of what has been built up.” – Eric Tachibana
WHEN should we exit?
Exit planning needs to start before you have incorporated the private limited, one of the reasons why is that the choice of exit could affect your name too. If IPO is about selling a deam and trade sale is about selling synergy, you can imaginve that even the choice of the name can make a difference in the success or failure of that approach.
Everything from what types of people you hire, what functions you decide to keep in core versus outsource, what types of products you build. How sustainable and how long term is the product or platform, all these questions matter depending on which type of exit you want to go for. This means, if you think about exit only in your 3rd year of operations, it may be too late.
Know when to fold – Most entrepreneurs have an unlimited number of ideas and there is no shame in folding. Taking the liquidation route or doing a trade sale again where instead of having a 20 times multiplier, you just sell for 2 million. This 2 million trade sale is real cash and you can take that 2 million and fund 4 other companies, and then you can suddenly diversify your portfolio quite significantly. It’s a real option, so know when to fold them.
This diagram from Eric sums it all up nicely with a timeline
Today, there seem to be more business accelerators than there are startups to fill their classes and cohorts. It seems that not a week goes by without the launch of another accelerator or seed starter fund. In fact, as Peter Relan said in a recent post (riffing on Chris Dixon), accelerators have become an industry segment in their own right. He also goes so far as to surmise that — just as it is for startups — 90 percent of accelerators are likely to fail.
Nonetheless, even if they fail, accelerators are still essential to the growth of entrepreneurial ecosystems not only because they provide a petri dish for innovation, but because they create jobs. In an article on AllThingsD today, Jed Christiansen contends that the fundamental value of seed accelerators lies in their ability to both drive economic growth and foster an entrepreneurial culture within local communities.
Christiansen, along with being the Head of Channel Sales for Emerging Markets at Google is also the founder of Seed-DB, a database for seed accelerators and their startups, which he created in 2009 to track the up-tick of incubators and the startups they graduate. Today, the resource is tracking 134 seed accelerators in 33 countries.
Most notable, however, is the data that Christiansen has gleaned from Seed-DB on the impact of seed accelerator programs, starting with the fact that accelerators have funded over 2,000 startups, which have raised a total of $1.6 billion in funding. The founder, in turn, estimates that about 100 of these startups have already been sold for a total of approximately $1 billion and, perhaps most importantly, startups that have graduated from seed accelerators have created over 4,800 jobs.
Of course, Seed-DB’s data is to be taken with a grain of salt. The resource is incomplete, has compiled data on a fraction of startup exits (as many don’t report acquisition price) and it relies on startups and others to self-report (alongside the data it pulls from CrunchBase). However, Christiansen estimates that, were all accelerators to self-report, the total number of jobs created would in fact be closer to 7,000.
Startups, small businesses and accelerators are critical pistons in the engine of job creation; there are a few who would argue with that. However, research from the Kauffman Foundation puts into perspective just how important they are. It suggests that, between 1980 and 2005, all net job growth emanated from companies fewer than five-years-old. When it comes to how to best reverse an economic downturn, about the only thing you might find politicians agreeing on is the importance of supporting small businesses.
Not to say SMBs are the panacea, but they do play a critical role. For accelerators, it doesn’t matter whether or not all of their startups raise big rounds of venture capital, it matters how well their graduates can build a network of support for their peers and for future companies. The deeper and more robust it becomes, the more success startups find and the more jobs they collectively create.
Giving accelerators their due, Christiansen concludes: “From just one accelerator in 2005, to a handful in 2007, to over 130 around the world today, seed accelerators — and the jobs they create — are a positive change in the economic infrastructure of the technology industry.”
We’ve added a new partner into our startup kit! MeetXero!
Xero is an online accounting solution that provides you with everything you need to make smart business decisions, from day one. Get growing, with financial information that’s accurate and up-to-date.
“It just makes accounting so ridiculously easy. The interface is really intuitive.” – Ivan Vanderbyl, testpilot.me
Total visibility of your finances Xero provides you with the information you need to have the complete financial picture of your business. It connects straight to your bank, so the numbers you see are always up-to-date.
With full visibility of your real-time cashflow, money coming in & money going out, you can get the right balance between keeping money in the bank & spending for future growth.
Analyse your business Xero is not just a financial management tool, it is an analytical tool to help you monitor & understand your business performance. Use your real-time financial data to create accurate reports & budgets.
With a real understanding of your numbers, you not only have a great product, you have confidence in its financial potential.
Communicate with your advisors Xero provides a collaborative platform where you work together with your advisors and make sure you’re on track to get to the next step. As a cloud based software each party has access to real-time financial data at the same time.
Have real-time dialogue with your business partners, investors and your incubator, providing them with accurate information to build trust in their investment.
Connect with your other software
Manage all aspects of your business within Xero, using the open API. Connect your other software or bespoke solutions that you have created, to get seamless data transfer straight into Xero.
Get the total picture of your business performance, minus the manual data entry.
Angel’s Gate held our 3rd successful Jam Session over at NUS Business School the night before halloween!
It was a huge success! We had over 80 people who turned up for the event! We would like to thank everyone for dropping by.
If you’ve missed our last session, checkout one of the presentations on the event-day over on youtube! We will have them up real soon, so head on over to youtube and subscribe to our channel for the latest video updates!
We’re honoured to be featured in the Brunei Times!
BUSINESS startups that have a strong vision and a passionate owner are more likely to retain their staff, a Canadian venture capitalist said.
In an interview during the Think Big Innovate Forum 2012 at the Empire Hotel & Country Club, Ash Singh acknowledged that it was difficult for startup businesses to compete with the public sector or government-linked companies that offered lucrative wages and benefits.
Singh, who also runs Singapore-based web design company Interactive.SG, said staff retention “comes down to the quality of the entrepreneur themselves”.
"If you are passionate about something and you can make people believe in your product, it becomes less about the money and more about the idea of being a part of something special," he told The Brunei Times.
He said that getting the right people to join startups involved having a vision that had to be conveyed to others.
He also acknowledged that working for startups may not be everybody’s preference, adding that “there are things beyond your control when you are starting a new company”.
After successfully securing funding from Angel’s Gate with Dropmysite to backup websites and databases, CEO, John Fearon realized a bigger market that required backing up – emails. With over 3.4 billion email accounts and 294 billion emails sent daily, Adeo Ressi, of TheFunded.com, agrees, “I backup my computer data, why not backup my emails?”
Dropmysite Pte Ltd created a sister product, Dropmyemail, the most comprehensive email backup solution in the cloud. It was launched on March 1st at DEMO Asia ’12 to much fanfare, winning the coveted DEMOguru award. Within 50 days of the launch, Dropmyemail gained over 525,000 signups.
Being interviewed and reviewed by international newspaper, magazines, TV stations, websites and blogs, Dropmyemail has gone from strength to strength. To the extent that e27 featured Dropmyemail at Echelon’12 and termed it, “the current fastest growing startup in Asia”.
The startup team is also growing immensely – with 13 employees stationed across the world. Especially of interest is the addition of Vinoaj Vijeyakumaar, ex-Senior Conversion Specialist from Google as the Head of Product Development.
Together with this momemtum and his team, John will lead Dropmyemail to achieve its goal to backup the Internet.
We held our latest Jam Session #2 over @ the cool Microsoft Folks on Games & Gamification on 12th September!
We managed to get hold of past participant Keith Ng, from GameMaki and also Jeffrey & Travis from Touch Dimensions, Singapore-based creators of iPad Game Sensation Autumn Dynasty, to speak at our event! Check out the pictures of the event here!
Over the weekend on 15th & 16th September, Angel’s Gate, together with Crystal Horse Investments ran a 2-day Pitching Bootcamp for the participants of IDEAS INC’s Pitch Challenge at their main event! Here’s some of the Bootcamp pictures!
A quick update to all, Angel’s Gate will be at IDEAS INC’s main event on the 22nd September with a very special giveaway! See you there!
Cool Tools for the Savvy Entrepreneur. #2 - Mavenlink
It’s our 2nd issue of Cool Tools! This time round we’re introducing a cloud based project management tool Mavenlink!
Mavenlink’s SaaS platform enables professional services providers and their clients to efficiently manage their project from start to finish. As an “end to end” project management solution, including:
Team Management– Keeps your team as well as your goals on track by simply making it easier to manage roles, activities, permissions, schedules and responsibilities. Clients, colleagues as well as service providers are given access to your projects via SSL-security. Permissions let you give specific rights to users within a project.
Collaboration – A secure, shared workspace for communication. Messages instantly go to everyone listed in a work space via email updates; confidential messages can be sent to other users through private messaging; reel-time messaging lets you see updates in the project workspace as it happens. Task management made easy
File Sharing – Upload multiple files at once and share up to 20GB across projects. With its file privacy option, you can control who has access to your documents. You can view your files instantly through integrated Scribd technology with the option to view all your projects in one collaborative feed via google apps integration. All of your team’s files are linked to project conversations, making it impossible to lose important documents.
Project Management – You can see all activities from your clients, colleagues and service providers. With a centralized dashboard, you get a view of the status of all your projects, navigate payments and messages. All project participants can update the project activities, so everyone stays on track.
Here’s our take on the service!
We’re sure some may have encountered other project management platforms out there, however, what really caught our eye with Mavenlink was its seamless integration with QuickBooks!
QuickBooks a cloud based accounting platform for businesses is easily integrated into Mavenlink project management platform which eases the amount of administrative work for start-ups and small business owners! What’s more, QuickBooks is fully compatible with Singapore Tax Filing guidelines!
I’ve never met a successful businessman said that building a successful business was easy.
The pressure involved with decision making & hard work involved in execution is immense. As new age entrepreneurs, we should find ways to utilize the scarce resources available effectively and efficiency so that the core focus can on the profitable tasks that will help grow the business.
There are a lot of free(and paid) tools that are available on the web, that helps businesses function more effectively. Cool Tools is a new blog series by Angel’s Gate to introduce these tools and share tips & tricks on using them to help you in your business.
As our 1st issue, we’re going to start with an online tool many are familiar with. DROPBOX!
Dropbox is a file hosting service operated by Dropbox, Inc. that offers cloud storage, file synchronization, and client software. If you have more than one computer, keeping track of all your files can be a pain. The problem is organization, you need one place for everything. Solving this problem is one of the big ideas behind Dropbox. Dropbox keeps your files accessible and synced from all your various devices. It’s like a magic pocket, a single secure place for all of your stuff.
Dropbox creates a new kind of folder in your computer. This folder works hard to be exactly alike and it makes all your files accessible anytime, anywhere.
Dropbox works as a secure channel to share files, pictures and videos. When a folder is shared, all the files inside that folder get accessed by the recipient. Sharing folders are appropriate for collaborative purposes and is the best way to access and update files without the use of emails.
Whether you are traveling the world, running a business or simply organizing your life; Dropbox means you can stop worrying about managing files and back-ups and get on with other important aspects of your life.
Cool Tips & Tricks:
Right click on a folder & share your it with your teammates to share common work files such as reports and spreadsheets quickly!
Instead of using services like yousendit or wetransfer, right click on the file in your dropbox & select Get Link! Then simply send your target audience the link for a fast & ad-free download.
A little on the grey side, but there are little ways to expand your dropbox storage easily.
Drop your library of ebooks, reports and documents in dropbox, and access them easily via a mobile device on demand!
Next Cool Tool on the list! Freshbooks!
FreshBooks is an online invoicing software as a service for freelancers, small businesses, agencies, and professionals. It is produced by the software company 2ndSite Inc.
Bookkeeping and keeping track of your finances can be tedious, time consuming and of course the least fun part of running the business.
Freshbooks is straightforward, simple and easy to use (and you can try it for free), even as a non-accountants you can manage accounting your business without intimidation. It lets you create customizable invoice and estimate forms that you can fill manually or complete using lists. It lets you send invoices by post or email; accept online payments (PayPal or credit cards); automatically send pending payment notices; creates a handful of really easy to understand reports and graphs.
With Freshbooks, your business data is accessible anytime and everywhere, in all your devices. Data loss and theft is never a problem as your data is regularly backed-up and secured.
We’re delighted to have Pieter Kemps from AWS as our 1st speaker.Pieter aims to aid entrepreneurs who are preparing for their next business pitch with his presentation entitled “What does a good pitch deck look like?”
Topics to be covered:
How to think from and investor’s point of view?
Best Practices / Examples
What should be covered in your pitch at various stages of funding/pitching?
For our 3rd Speaker, we have Ash Singh, Founder & CEO of Angel’s Gate who will be presenting “50 Keys to Startup Success”. His most recent project is Turbanizer, a mobile application which allows anyone to easily visualize themselves in a turban!
I hope you’re as excited as we’re about our 1st Jam Session!
Be sure to register over @ our facebook events page!
Angel’s Gate is proud to be invited as a Guest Speaker for British Chamber of Commerce’s Private Event @ Harry’s Bar on 21st June 2012! Ash Singh(CEO Angel’s Gate) gave a short presentation and helped answered a bombardment of questions shortly later. The setting was classy, the food was excellent & the people were great!
Angel’s Gate is honoured to be at the UP Singapore event on 22nd June, with our CEO & Founder - Ash Singh on the panel as the Judges.
UP Singaporeis an experiment in ground-up innovation through the creative use of technology and data to improve our urban environments. UP Singapore seeks to achieve high levels of diverse and active community participation and foster strong collaboration between different community, government, corporate and NGO groups. It is being organised by Newton Circus.
Various teams were busy with the development of their ideas and prepared to pitch their ideas within a short period of time. Top ideas stand a chance to win amazing prizes!
It’s time for the participating groups to pitch their ideas!
We had a wonderful time during Up Singapore’s event, the energy level at the weekend event was constantly on a high note & the pitches by various groups were really creative! See you at the next UP Singapore Event!
As part of our ongoing efforts to promote entrepreneurship, Angel’s Gate is proud to be a supporter of “The Young Entrepreneurs” program, a unique business plan contest that helps with character building while fostering entrepreneurship.
The Young Entrepreneurs (TYE) is a program created to introduce students aged 15-20 to Entrepreneurship. Unlike other school programs, this program was created to offer the same access to students from all schools. The sessions for TYE 2012 started on Saturday, March 10th with 30 students from Deyi Secondary school, Raffles Girls School, ITE West, Raffles Institution & GIIS.
In three days, the students got to meet a variety of entrepreneurs who exposed them to business models, marketing, law and finance among other things. Day one was kicked off with some presentation skills training. This was followed by a lively workshop conducted by Suzanne Druce and Krish Krishnan from Jeiva. On Day two focussed on marketing techniques which were taught to the students by Deeptha Khanna, MD at P&G and Douglas Gan, serial entrepreneur and CSC’s Entrepreneur of the year 2011.
Deeptha Khanna, MD at P&G speaking to the students
Hian Goh and James Chan made law and finance seem cool thanks to the great flair they brought to the session. At the end of Day 3, the students reviewed Angel’s Gate episodes to learn various concepts and terminologies.
The sessions were kept interactive to keep the students constantly engaged and interested. In spite of three long days, the students had great feedback and were eagerly awaiting returning to the sessions on Friday, March 16th. On a scale of 1-10 on whether the program helped the students improve their understanding of what it takes to start the business, 25% responded with a rating of 8, 50% with 9 and 25% with 10.
Now the students are busy coming up with their own ideas. In the next three days, each of the ideas will be reviewed and analysed as only 7 will be picked for the main business plan contest which will be held on April 14th.
Who knows? We might see some of these promising young entrepreneurs in future episodes of Angel’s Gate!
This article is written by Guest Contributor: Ms. Kavitha Mantha, Senior Project Director, TYE
CapitaLand Hope Foundation $1 per "like" Charity Campaign
CapitaLand Hope Foundation and Angel’s Gate believe that giving back to society should start early.
This is why Angel’s Gate is honoured to have CapitaLand Hope Foundation as our official Charity Partner, in promoting the spirit of charity amongst the entrepreneurial circle.
CapitaLand Hope Foundation is donating S$1.00 for every “like” generated by businesses and projects on the Angel’s Gate website. Through this campaign, CapitaLand Hope Foundation is supporting and encouraging entrepreneurs to give back to society as they promote their businesses. It is a common misconception that giving back should only begin after businesses take off. Angel’s Gate and CapitaLand Hope Foundation would like to change that, and promote the spirit of giving among business owners right from the beginning of their entrepreneurial journeys.
CapitaLand Hope Foundation, the philanthropic arm of CapitaLand, was established in 2005 to further CapitaLand’s corporate social responsibility commitment to build a better future for underprivileged children. Its focus is to support programmes for the shelter, education and healthcare needs of underprivileged children in Singapore and overseas.
Do your part for charity, visit angelsgate.com and click on the “like” button of projects that interest you, support entrepreneurship and support charity!
Episode 2 airs 13 Feb at 8PM SG/HK on Channel NewsAsia
A fun business idea that might make the Judges bust a move or two; a mobile app that could change the way we type; and an eco-friendly business with potential.
Tune in and join the conversation on Twitter using #TheAngelsGate or on our Facebook page! Which entrepreneur impressed you? Who’s your favourite Judge? Should they have accepted the deal? We’ll love to know your take!
Full episodes are available on our YouTube channel a day after airing on Channel NewsAsia. Subscribe and watch exclusive clips not seen on TV!
UPDATE: Full episode 2 is now available on our YouTube channel!
A confident entrepreneur believes he has the ultimate biomedical invention that will change the lives of mankind forever; a social network of a different kind; a social entrepreneur with a sweet business idea; and a music business that just might strike the right chord with the Judges.
CapitaLand Hope Foundation will donate S$1.00 to selected children’s charities for every “like” on all projects on http://www.angelsgate.com Help us reach our target of 100,000 “likes” for charity!
Join the conversation on Twitter using #TheAngelsGate or on our Facebook page! Which entrepreneur impressed you? Who’s your favourite Judge? Should they have accepted the deal? We’ll love to know your take!
Full episodes are available on our YouTube channel a day after airing on Channel NewsAsia. Subscribe and watch exclusive clips not seen on TV!
Two of the Angel’s Gate Judges were present at the Media Launch of Angel’s Gate, held at Capital Tower on 2 February 2012.
Judges Patrick Grove and William Klippgen were joined by Ash Singh, CEO and Founder of Angel’s Gate, and Debra Soon, Managing Director of Channel NewsAsia. The event was an announcement for the official debut of the 360-degree reality TV series, which will air on Channel NewsAsia starting on 6 February, Monday at 8.00 PM SG/HK.
From left: Judge William Klippgen, Judge Patrick Grove and Ash Singh
Judge Patrick Grove being interviewed by MediaCorp journalist.
Entrepreneur Keith Ng (who will appear in one of the episodes) being interviewed.
The media and guests were treated to an exclusive preview and glimpse of what to expect from the debut episode of the show. The series will feature 8 episodes on Channel NewsAsia, with additional webisodes available on the official Angel’s Gate YouTube Channel. Subscribe now to get access to exclusive content, and follow our twitter and Facebook for regular updates on the show.
The process of selection for entrepreneurs start on the angelsgate.com website. Interested entrepreneurs create a profile for their business ideas, and leverage on their social networks to gather “likes” which are one of the criterion for consideration. Selected entrepreneurs will then be put through an actual elevator pitch where they present their ideas to one of the Judges in under 30 seconds. If they manage to impress, they get to move on to the studio and pitch to 4 Judges for a slice of the multi-million dollar Angel’s Gate fund.
Watch the CNA coverage here:
For the full lowdown on what it takes to impress the gatekeepers and walk away with a slice of the pie, tune in to Channel NewsAsia on 6 February, Monday at 8.00 PM SG/HK time.
The Asia Television Forum took place last December, a premium content market platform to buy, sell, finance, distribute and co-produce across all platforms.
Angel’s Gate was at ATF & will be coming soon to a tv near you!
Check out event photos and Minister of State Grace Fu & her speech at ATF.
Ladies and gentlemen,
It gives me great pleasure to welcome all participants to the opening of the 12th Asia Television Forum, or ATF, hosted by MDA - the Media Development Authority of Singapore.
ATF continues to be a key content market in Asia
2. ATF provides a key business platform in Asia for buyers and sellers in the TV, film and digital media industries to network and explore collaboration opportunities as well as to conduct businesses.
3. Last year, ATF secured close to US$150 million dollars worth of programming sales, an increase of 68 per cent from 2009. This year, ATF has attracted some 3,500 participants from more than 50 countries including China and France, the highest number the Forum has welcomed since its inception in year 2000. I am confident that ATF 2011 will continue to be a key content market in Asia, attracting media experts and bringing together the best content around the world for showcase and for trade.
The evolving broadcast landscape
4. New technologies impact the global media industry, altering how media content is created, delivered and consumed by the increasingly mobile and technologically-savvy consumers. This year’s theme, “Evolve, Explore, Experience” aptly reflects how the media industry can meet the challenges oftoday’s evolving broadcast landscape. Let me share how the media industry can explore and tap on new technologies to enrich the media experiences of our audiences.
New technologies extend outreach of media content
5. We need to identify suitable media platforms to extend the outreach of media content so as to enhance viewers’ experiences. I am pleased that Singapore has introduced media services including 3DTV, on demand TV, interactive TV and mobile TV. From next year, Singapore’s Free-to-Air TV channels will also be streamed online, as Singapore prepares for over-the-air digital television transition to boost the audience’s viewing experiences.
Quality content engage audiences
6. Besides tapping on appropriate media platforms and devices, key to commercial success is the creation of compelling content to translate good stories and innovative ideas into quality content.
7. To this end, I am pleased to share that MDA, just three months ago, streamlined its funding schemes to better facilitate the production of quality content. In particular, I would like to highlight MDA’s funding support for innovative products – what we call three-sixty (360) content, content that cuts across various media platforms such as TV, web or mobile to engage the audience and provide a holistic experience. Angel’s Gate, Asia’s first reality TV series on business and entrepreneurship is a good example of a three-sixty programme that interacts with audiences on multiple platforms. This MDA-supported programme, co-produced by Interactive SG and regional broadcaster, Channel NewsAsia, enables viewers to simultaneously watch videos, participate in online crowd source funding activities and connect with a network of entrepreneurs while on the move.
8. Another project is Beach House Picture’s Hidden Cities. This innovative documentary series by the Singapore-based production house enables viewers to upload little known facts about their cities on an online portal. Some of these interesting nuggets of information are then featured on screen as the programme runs on. MDA has received encouraging feedback from delighted viewers who enjoyed such innovative engagement efforts with the audience. These are examples of how technology is successfully tapped on to engage audiences with quality media content, and I look forward to more of such innovative productions.
Music value-add to productions
9. No content is complete without music as music transforms a production, lifting it from the ordinary to the unforgettable. Today, Singapore has a group of artistes, composers, sound designers and music lyricists whose works are recognised and performed throughout the region, significantly value-adding to the quality of media productions. An exemplary example is set by local sound producer, Ricky Ho, who won the prestigious Golden Horse Award in November this year for “Best Original Music Score” in Taiwanese film “Warriors of The Rainbow: Seediq bale” (pronounced as “see-dick bah-le”).
10. I am also pleased that The Asia Academy of Music Arts & Sciences, a newly created regional music body, has selected Singapore as its base to promote Asian music to the world. The Academy aims to bring together like-minded music producers, composers, record companies and artistes to champion Asian music. Some of the well-known media personalities on the academy include industry veteran Quincy Jones; Kolleen Park who is among South Korea’s most prolific music directors; and Jeremy Monteiro, Singapore’s acclaimed jazz pianist and vocalist.
11. In closing, Singapore hopes to work with all our partners to achieve new milestones in the exciting times ahead in Asia’s media industry. We look forward to the many opportunities brought about by Asia’s expansion of media business transactions and market horizon. I also encourage you to drop by the Singapore pavilion to enjoy a sampling of Singapore content and explore collaboration opportunities with Singapore’s media companies.
12. I would also like to thank all participants for your continued support and I believe everyone will have a fruitful time at ATF 2011. To all overseas delegates, I wish you a pleasant and enjoyable stay in Singapore.
Angel’s Gate is part of a new wave of 360-degree content: programmes that can be shown on-air, online and on your mobile phone, introducing new ways of interactivity and engagement.
Angel’s Gate was present at the 12th edition of the Asia Television Forum, held at the Sands Expo and Convention Centre from 7 to 8 December 2011, and was among the three-sixty (360) content exhibitors representing Singapore. Industry players concur that 360-degree content is an inevitable development.
The Forum is an annual affair where buyers and producers of television content gather, network and close lucrative deals.
In her speech at the opening ceremony of ATF, Senior Minister for Information, Communications and the Arts & Environment and Water Resources, Ms Grace Fu stated that Angel’s Gate ‘is a good example of a three-sixty programme that interacts with audiences on multiple platforms’ and ‘enables viewers to simultaneously watch videos, participate in online crowd source funding activities and connect with a network of entrepreneurs while on the move’. (The rest of the Minister’s speech can be viewed here)
To experience for yourself the Angel’s Gate 360 content, subscribe or follow us on facebook or twitter for updates. Angel’s Gate will air on Channel NewsAsia on 6 February, and full episodes will be available on our official YouTube channel too. Check out our trailer to catch a glimpse of what’s in store on Angel’s Gate.
Creator and CEO of Angel’s Gate, Ash Singh was invited to speak at BlackBerry DevCon 2011. In his talk titled “50 Keys to Startup Success”, Mr Singh shared his experiences and key lessons learnt from his entrepreneurial journey. By sharing his lessons, Mr Singh hopes to pass on to fellow entrepreneurs what helped him in his start-up journey, and to encourage entrepreneurs to take that much needed step towards achieving success.
In his talk, Mr Singh pointed out how developers can make use of the Angel’s Gate platform to help in their development process. From seeking funding, hiring relevant team members to gaining exposure and publicity, the Angel’s Gate eco-system is designed to make it easier for entrepreneurs to kick-start their businesses, gain access to investment networks and market their businesses online through leveraging their social graph and networks.
If you are a developer, go ahead and make use of the Angel’s Gate platform to get your app ideas out into the public either for validation, funding or just plain old exposure and marketing. In the coming weeks Angel’s Gate will be rolling out our crowd-funding feature (powered by PayPal), which will make it even easier for developers to fund their software and app development. To be updated on when we will be releasing the new features, subscribe or follow us on twitter and facebook.
It has been almost two years in the making, and Angel’s Gate is finally ready to launch. The exclusive press event, held at the MDA F11 Screening Room at Fusionopolis, was graced by our esteemed partners and sponsors. It marked the official launch of our web platform, where entrepreneurs can submit their business ideas to have a chance to be featured on the Angel’s Gate show, where they will pitch to a panel of influential investors from Asia for a shot at securing funding from the Angel’s Gate fund. Interested entrepreneurs can register and create a profile page for their business at angelsgate.com. All profiles on the website will be considered for future episodes of Angel’s Gate, as well as potential investment from our funding network.
Subscribe or follow us on twitter and facebook to stay updated on when Angel’s Gate will be airing. For a glimpse of what to expect, watch the trailer here.
Ash Singh, Creator of Angel’s Gate was a guest speaker at the Nanyang Technological University (NTU) Ideas.inc. Startup Conference held on 15 October 2011 at the Marina Bay Sands Expo & Convention Centre.
Mr Singh shared with the audience of entrepreneurs, educators and businessmen, his entrepreneurial journey and experiences, as well as key lessons that he hopes fellow entrepreneurs would benefit from. Mr Singh founded and sold his first company at the age of 22, and since then has been a serial entrepreneur at heart. His latest project, Angel’s Gate is his most ambitious project to date. His aim: to develop Angel’s Gate into an eco-system for entrepreneurs to leverage on when it comes to everything they need to succeed. From seeking funding, sourcing a team, to getting exposure and publicity for their businesses, Angel’s Gate is the go-to platform for entrepreneurs looking to inject that much needed boost to their businesses.
View the Angel’s Gate trailer here for a sneak preview of what to expect from the show. Subscribe and follow us on facebook or twitter to get the latest scoop on when the show is airing, as well as how you can leverage on the Angel’s Gate platform and get a chance to appear on the show.