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Friday, July 12, 2024

Brunei Startups – Woke, Super Thirteen, and Teaspoon pitch at Echelon Asia Summit


Darussalam Enterprise’s (DARe) Accelerate Bootcamp participants, including Woke Company, Teaspoon F&B Services, and Super Thirteen Clothing Co., recently showcased their innovative ideas at the prestigious Echelon Asia Summit 2023 in Singapore.

These three startups had the opportunity to present their pitches on the TOP100 stage of Echelon, where a hundred promising early-stage startups from the region presented their ideas to industry leaders, potential investors, and fellow startups.

DARe, recognizing Echelon as a leading tech and entrepreneurship conference in Singapore, brought four more bootcamp participants from previous cycles to attend the event: Bike Park Company, RR Catiosmith, GroMinda Group, and Onz.

Syuaib Rafie, the representative from DARe’s Programme Management, highlighted the importance of connecting Brunei startups with the regional ecosystem to explore potential opportunities. He mentioned that the event provided valuable exposure to the regional startup ecosystem, with numerous startups showcasing the latest technologies and engaging in discussions on innovation. This experience aims to inspire founders, startup development teams, and ecosystem builders to further develop the startup ecosystem in Brunei.

Echelon, organized by e27, took place from June 14 to 15 at Singapore Expo, featuring over 150 speakers, 200 exhibitors, and more than 1,500 founders. Among the participants, Woke Company, an investing educator, demonstrated their growth and success, with plans to double their revenue from the previous year. Co-founder Ming Rui shared their expansion into multiple countries, catering to students with no prior investment training through their online classes, personalized mentoring, and market insights subscriptions. They are also developing their own financial platform and a virtual teaching assistant to support students.

Super Thirteen, a local streetwear brand, emphasized their collaborative approach with small businesses and artists to create unique merchandise and designs. CEO Tarmizi Bahrin revealed their plans to seek investment for an initiative that involves working extensively with local designers to develop new creations.

Teaspoon F&B Services, operating as a wholesale bakery, aims to supply high-quality products and ingredients to Brunei’s eateries and cafés, simplifying their menu preparation process. Founder Jian Liang Lei envisions Teaspoon evolving into a comprehensive F&B solutions provider, offering consultancy services for menu development, equipment, manpower, and other operational areas.

Accelerate, DARe’s 100-day startup development program, has successfully enrolled over 300 entrepreneurs, who collectively raised more than $3.25 million in investments. This fully sponsored program targets early-stage businesses in Brunei, focusing on technology leverage, investment raising, and building innovative business models for rapid scalability.

Accelerate is one of two business bootcamps conducted by DARe throughout the year, with the other being the Micro Bootcamp, which supports the growth of smaller, self-employing businesses operating through traditional yet profitable avenues.

Registration for both bootcamps is open year-round through DARe’s website, with the programs conducted in cycles.

Source: BizBrunei.com


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