Final Friday (November 25) marks the primary day of Sandbox Somerset, an occasion organised by Invade, in partnership with the Somerset Belt Workplace, powered by the Nationwide Youth Council.
Held on the Somerset Youth Park, Sandbox Somerset will run for 2 consecutive weekends, celebrating the spirit of entrepreneurship and that includes youth founders from artistic, retail, and F&B industries.
It’s also part of Somerfest, with displays of youth-led initiatives in a spread of themes, together with psychological wellness, artistic arts, sports activities, and even magic.
Based on Kent Teo, founder and CEO of Invade, Sandbox Somerset is a collective effort by numerous organisations aimed toward rejuvenating the Somerset Belt alongside Orchard Street by bringing collectively 100 youth founders and business professionals in a single place.
To that finish, the occasion will present sources, insights, and different types of assist for teens to experiment with artistic and impactful concepts and join with friends to find distinctive experiences.
We hope to establish new faces so as to add to the record of 100 Somerset founders in subsequent years, and to rejoice their achievements and encourage new entrepreneurs.
– Kent Teo, founder and CEO of Invade
Specifically, the occasion options panel discussions, networking and mentorship alternatives, performances by younger artists, and even a Shark Tank-style pitching occasion by SEED Ventures. There are additionally retail and F&B pop-up shops for entrepreneurs to showcase their merchandise.
The place new blood meets the outdated guard
Outstanding founders from many firms might be at Sandbox Somerset, and plenty of of them might be a part of panel discussions to share their entrepreneurial journey.
Jackson Aw, founder and CEO of Mighty Jaxx, might be talking subsequent Saturday (December 3) at a panel titled ‘Proper Time, Time Proper’, the place he might be sharing extra in regards to the firm’s journey and its secret to success.
The corporate has had fairly the meteoric rise, and is backed by firms like Tencent and enterprise capital companies like SGInnovate. Earlier this yr, in addition they made their debut into the metaverse with MightyVerse Presents: Spooky Season, in collaboration with metaverse platform The Sandbox and collectible maker Sideshow Collectible.
Different notable entrepreneurs who’re a part of the 100 Sandbox founders embrace Rachel Lim of Love, Bonito, Adrian Ang of SGAG, Walter Oh and Andrew Lim of Boxgreen, and Johnathan Chua, co-founder of GRVTY Media.
Throughout the first day of Sandbox Somerset, Johnathan – who can be the co-host of The Every day Ketchup, one of many prime podcast channels in Singapore – moderated a panel that mentioned the traits of being an entrepreneur, and the way startups can higher scale.
“It’s an honour to be a part of Sandbox Somerset 2022,” mentioned Johnathan. “I feel it’s an excellent initiative for brand new and younger entrepreneurs to be taught from the expertise of seasoned founders, particularly the errors made.”
For youthful companies, the chance to be taught from these mature companies generally is a nice assist as properly.
In truth, many youthful founders are additionally in attendance. Sarah Wee and Cheyenne Naidu, who based native do-it-yourself candle startup Nitwick, famous that as rookie entrepreneurs, they’ll have the chance to be taught from different, extra seasoned entrepreneurs.
It’s very nice to be at Sandbox Somerset. There are a lot of extra skilled founders and traders right here, and so they’ve given us some recommendation on strategise for the expansion of Nitwick in the long run.
– Sarah Wee and Cheyenne Naidu, co-founders of Nitwick
Get high quality suggestions on your startup…
After all, no startup ecosystem is full with out funding and at Sandbox Somerset, SEED Ventures is bringing the capital to fund the startups of tomorrow.
SEED Ventures might be internet hosting two rounds of Shark Tank-style pitching occasions, and in search of promising new startups to spend money on.
Sandbox is the place numerous startups come to showcase what they’ve, so when Kent invited us to host the pitching occasions, we felt it was a pure match.
I’m additionally in search of founders to educate, and Sandbox Somerset is a good place to satisfy such founders. There are a lot of extra nice startups which might be right here at Sandbox Somerset, and I’m to see numerous them.
– Ian Gan, founder and CEO of SEED Ventures
A number of of SEED Enterprise’s portfolio firms are already in attendance, together with Ang Moh Liang Teh, a craft beer specialist in Singapore.
…whereas rediscovering the creativity of as we speak’s youth
And for these in search of a enjoyable time, there are thrilling performances lined up as properly. These performers are all recipients of the Realise Your Somerset Venture Award, and so they have been invited by Invade and the Nationwide Youth Council to signify the youth.
Artists resembling Inexperienced Enviornment 2.0 and Marcus Lee carried out on the primary day as a part of the opening ceremony, and for individuals who are enthusiastic about seeing what Singaporean designers are arising with, the occasion additionally hosted a trend stroll.
There are additionally pop-up stalls inside the competition, for anybody to seize a fast chew or a drink. Consistent with the competition’s theme, these pop-up stalls are additionally run by younger founders who’re making an attempt out new and inventive concepts. Competition-goers can count on to see cubicles by startups resembling Type Concept and Tokidoki, simply to call a couple of.
Based on Kent, the pop-up shops are a low-cost method for founders to discover their concepts.
“Organising store in a shopping center is dear – we’re speaking about placing in six months of lease, renovation prices, and extra. Sandbox Somerset supplies these founders with a far shorter time interval to work with. If they’re solely able to open for every week and even only a day, we’re in a position to accommodate them,” he mentioned.
The power and creativity on show on the competition is actually to not be underestimated, and it supplies an attention-grabbing present of what Singapore’s youth can provide you with and the way far our ardour – an usually underestimated useful resource – can carry us ahead.
Hosted at Somerset Youth Park, the competition is a five-minute stroll from Somerset MRT and SCAPE*, and entry is free.
It would run from 25 to 27 November, and proceed from 2 to 4 December. There can even be a Christmas rendition, occurring from 10 to 11 December, in addition to from 17 to 18 December.
So when you’re in search of a satisfying weekend or wish to discover out extra about how one can be a part of the initiative, be happy to drop by Sandbox Somerset!
This text was written in collaboration with Invade.
Featured Picture Credit score: Invade