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[This is a paid article with MaGIC.]
With the brand new spike of COVID instances, native companies will likely be going by way of yet one more spherical of uncertainty.
When you’re in search of methods to enhance your self as an entrepreneur or a enterprise proprietor, or to see how different companies are innovating themselves, MaGIC (The Malaysian International Innovation & Creativity Centre) is working this 12 months’s E-Nation ranging from October 20 to 23.
This 12 months’s E-Nation will likely be held just about and it’s utterly free to hitch.
E-Nation is a platform for startups, thought leaders, social enterprises, policymakers and main corporates to share their learnings and expertise on how companies can function sustainably in the course of the COVID-19 interval.
“This 12 months’s theme, Propelling a Resilient Financial system with three pillars—Embracing Change, Enabling Expertise and Empowering Societies—apt given the devastating influence of the COVID-19 pandemic, which not solely impacted public well being however induced a worldwide recession.
COVID-19 has accelerated the necessity for innovation and created game-changing alternatives for the nation to bounce again and set up financial resilience by way of innovation and creativity.”
Dzuleira Abu Bakar, CEO of MaGIC on this 12 months’s E-Nation theme
The audio system this 12 months vary from ex-ministers to founders and administrators, they usually’ll be sharing a few of their discoveries or ideas on constructing a sustainable enterprise.
Right here’s a fast lowdown on a number of the talks you can attend on this Four-day occasion.
1. Constructing Companies Succesful Of Innovation With The Functionality To Pivot From The Get-Go
The pandemic has left many companies struggling to seek out clients, particularly for bodily companies.
One of many audio system, Wai Hong Fong, the chieftain and co-founder of StoreHub constructed an revolutionary answer to assist F&B companies proceed servicing its clients.
After the announcement of the primary MCO again in March, his workforce labored to create an answer for F&B companies to go surfing, known as Beep Supply. This allows native offline companies like hawker stalls and mum-and-pop companies to achieve out to new clients.
By doing so, StoreHub managed to achieve new clients as properly and added to the variety of F&B companies underneath their care.
Together with Wai Hong, Lennise Ng, the co-founder of Dropee and Ang Xing Xian, the co-founder of CapBay will even be sharing their ideas on how one can pace up innovation.
Ang Xing Xian, one of many co-founders of CapBay (first from the left) will likely be speaking throughout E-Nation / Picture Credit score: CapBay
Dzuleira Abu Bakar, the CEO of MaGIC gave her enter on agility. “Capitalise on issues—therein lies alternatives. An issue price fixing is actually price 1,000,000 of funding.”
2. Be Properly Ready For Unsure Days
There will even be a panel on how a couple of startups managed to toughen up and survive from the challenges imposed upon them.
They’re additionally seeking to share how different startups can put together themselves higher for the following unsure interval.
One of many panellists, Wong Whei Meng, the founder and CEO of Speedhome needed to overcome a problem that threatened his complete enterprise.
Speedhome’s authentic enterprise mannequin contravened Malaysia Act 242, which meant that solely licensed property brokers might acquire charges from property transactions. The Board of Valuers, Appraisers and Property Brokers Malaysia (BOVAEA) ended up sending a stop and desist letter to Speedhome.
Due to that, they needed to pivot and alter their enterprise mannequin, all inside a month.
“At the moment, we had been devastated and we didn’t know what to do. However in understanding the act, it permits us to know what are the technicalities in regulation and be higher ready for it,” stated Whei Meng.
He stated that a variety of the acts in Malaysia are outdated as they don’t replicate the present enterprise setting the place know-how performs a giant half in our lives. With their fast innovation, the enterprise was capable of keep operational.
The Speedhome workforce / Picture Credit score: Speedhome
He’ll even be joined by Yuet Kim Lim, the CEO and co-founder of PichaEats, Ashwin Jeyapalasingam, the co-founder and COO of CatchThatBus.com, and the panel will likely be moderated by Aaron Sama, a Normal Associate of Scaleup Malaysia.
three. A Peek At How Different International locations Are Strategising Round COVID-19
One of many extra star-studded talks, MaGIC additionally gathered ministers from all around the world to share how different nations are utilising tech to thrive.
Khairy Jamaluddin, Malaysia’s Minister of Science, Expertise and Innovation will likely be sharing his ideas together with Fleur Pellerin, the founding father of Korelya Capital and the previous minister for SMEs, Innovation and Digital Financial system of France.
Khairy Jamaluddin, Malaysia’s Minister of Science, Expertise and Innovation (within the center) with Dzuleira Abu Bakar, the CEO of MaGIC (on the suitable) / Picture Credit score: MaGIC
They’re additionally joined by two different ministers, Nadiem Anwar Makarim, the Minister of Training and Tradition of the Republic of Indonesia and Ed Vaizey, the previous Minister of Tradition, Communications and Inventive Industries of the UK.
So for those who’re to see a extra massive image strategy to how different international locations are strategising to construct thriving nations, it is a discuss you’ll should tune in to.
Four. Turning Companies Into One That Advantages Society And Future Generations
There will even be talks on how tech innovation can be utilized to raised society, together with panels on how impact-driven companies are extra within the limelight now that the funding spectrum has developed.
The audio system will even be sharing how a enterprise can utilise the capital to create worth past only a shareholder’s return, however one that may profit the society and future generations.
Hazwan Najib, the co-founder and Director of DoctorOnCall will likely be talking on the significance of a enterprise to be revolutionary and inventive in problem-solving.
“It isn’t simply essential, however a MUST for a enterprise to be inventive in problem-solving. Small companies and startups are working with restricted funding and assets. They’ll’t afford to seek out the simple approach out to unravel issues,” stated Hazwan.
Maran Virumandi (Third from the left) and Hazwan Najib (Second from the suitable) co-founders of DoctorOnCall with their workforce / Picture Credit score: Digital Information Asia
He’ll be joined by Lily Denqishen, the founder and CEO of TrashWarrior, together with Ganesh Muren, the co-founder and CEO of Saora Industries.
Their panel will even be moderated by Dr Melissa Meals, the Vice President of Malaysian Enterprise Angel Community.
As a result of MaGIC understands that a enterprise must be revolutionary now, they want that E-Nation will assist and encourage everybody to embrace change to make sure that a enterprise will develop sustainably.
Dzuleira stated: “There are classes to be learnt from the worldwide well being disaster. It is vital that we have a look at it in constructive methods, to study, adapt and pivot.”
So for those who’re thinking about studying extra on how one can utilise innovation to maintain your enterprise alive throughout this vital interval otherwise you simply need to study from the entrepreneurs in the identical business, join E-Nation now.
Join the free E-Nation 2020 right here.You may take a look at the complete agenda for E-Nation right here.When you’re thinking about studying extra on what we’ve written about MaGIC prior to now, click on right here.
Featured Picture Credit score: Dropee, StoreHub, Razer, Seize, Speedhome and GenerationT
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