Please provide examples of any previous entrepreneurial initiatives you have pioneered.
2008 - 2010, Spread E-love, Singapore (co-founder): Aggregated positive news around the web to spread joy instead of fear.
2007-2008, Clubbing in Asia, Singapore (co-founder): Launched the only niche social network in Singapore for late-night party-goers.
2006-2007, Jumbo Supper, Singapore (co-founder): Solved late-night hunger pangs for university students living in hostels.
Beyond your existing team, who else are you working with to achieve your objectives, eg partners, advisors, mentors?
GIVEasia’s banking partner is DBS and we currently use their payment gateway eNETS to process the credit and debit cards that donors currently use to make donations on GIVEasia. We are grateful that DBS has extended us a low transaction fee rate of 2% and this makes us the most cost-effective donation platform to receive donations in Singapore. We continue to work closely with DBS to find ways in which we can make the payment experience for donors even more seamless and reduce the transaction fees further, so more funds reach charities and their beneficiaries. Recently, we also joined the PACT incubator that has been started with sponsorship from DBS Foundation.
Under the Project Law Help Pro Bono Services, we get free legal consultation and advice from Bird & Bird. Since the beginning of GIVEasia, they have advised us on all our legal agreements with charities, users, and partners. Moreover, they have also ensured the compliance of our business model with current regulations and legislature.
GIVEasia has been one of the incubatee companies for the NUS Enterprise Incubator since 2010 and as a result of that we use an office space in NUS that is heavily subsidized. We also receive other assistance from NUS Enterprise like business advice, introduction to industry mentors/ potential hires, and invite to networking sessions as well as nominations to international business plan competitions. We have participated in Intel Berkeley Technology Entrepreneurship Challenge and Hong Poly University Business Plan competition thanks to the nominations we received from NUS Enterprise.
The three mentors who give GIVEasia constant advice and support are:
Walt Mayo - Senior Vice President of International Expansion at Endeavor Global
Jan Croeni - Serial entrepreneur-turned philanthropist dedicated to create a better world, mainly through the Croeni Foundation
Abdullah Tarmugi - Former Speaker of Parliament and a Member of Parliament