Azione Capital

Coordinates: 1°19′58.89″N 103°54′7.38″E / 1.3330250°N 103.9020500°E / 1.3330250; 103.9020500

Azione Capital Pte Ltd
Venture capital firm
Industry Investment services
Founded 2006
Founder Nicholas Chan
Headquarters Singapore
Key people
 Dennis Phua
Nicholas Chan
Lee Keh Sai
Soon Choo Teck
Website http://www.azionecapital.com/

Azione Capital Pte Ltd is an Asian venture capital firm headquartered in Singapore.[1][2]

Azione Capital was a founding mentor cum business incubator of the IDM Research and Development Programme Office under the Media Development Authority of Singapore.[3]

History

In November 2006, the Interactive Digital Media R&D Programme Office of the Media Development Authority of Singapore made contact with Project Senso to explore the possibility of working together to assist new startups. The result was the formation of a separate, for-profit, and full-time entity. By early December 2006, the structuring of the business entity was complete and it was named Azione Capital Pte Ltd.

Early in 2007, Azione Capital Pte Ltd, along with more than 30 other partners, officially declared their support for the four new initiatives[4] of the Media Development Authority, Interactive Digital Media R&D Programme Office at the inaugural IDM Jamboree held in the Singapore Science Centre.[5]

In May 2007, the Media Development Authority announced the launch of the Microfunding Scheme and the official appointment of three mentors,[6] Azione Capital Pte Ltd being one of them.

Philosophy

Nicholas Chan, Founder and Director of Azione Capital[7] believes that entrepreneurs should start up early with a clear purpose.[8][9] The firm expects startups to be frugal[10] and ethical and not be trend and buzzword followers.[11]

The business principles of Azione Capital[12] have been the subject of discussion in public discussions and forums.[13][14] Azione Capital has also contributed insights on the Singapore startup scene (via a quarterly Venture Capital editorial column in the MyVenture magazine[15][16]) and on the venture capital environment in Asia.[17][18]

See also

References

  1. ↑ Expara Pte. Ltd & The Media Development Authority of Singapore (2009). Media Entrepreneur's Guide to Singapore 2009 edition p.90.
  2. ↑ Bodine, Paul (November 2008). Perfect Phrases for Business School Acceptance. The McGraw-Hill Companies. p.26. ISBN 0-07-159820-0
  3. ↑ News Release (25 May 2007) MDA administers new Microfunding Scheme to stimulate bottom-up innovation in IDM, accessed June 2010
  4. ↑ News Release (10 January 2007) Speech by Dr Vivian Balakrishnan, Minister for Community,Youth and Sports and Second Minister for Information,Communications and the Arts at the IDM Jamboree on 10 January 2007, 10.15am at the Singapore Science Centre, News release accessed October 2007 PDF (27.86 KiB)
  5. ↑ News Release (10 January 2007) IDM R&D Programme Office unfolds four initiatives to support R&D needs in IDM sector, News release accessed October 2007
  6. ↑ i.BITS May 2007: Launch of Micro-Funding initiative for Individuals
  7. ↑ The Hyper Team @ Venture Hype (15 May 2009) "Interview with VC Nicholas Chan Part I: From Entrepreneur to Venture Capitalist", Venture Hype Corporation
  8. ↑ Yong, Debbie and Huang Huifen. (27 January 2009) "Giving teen entrepreneurs an early start", The Straits Times, Singapore Press Holdings
  9. ↑ Liew, Wayne (17 July 2009) "10 Entrepreneurship Lessons Venture Capitalist Nicholas Chan Taught Me (Part 1)", Wayne Liew Dot Com
  10. ↑ Goh, Daniel. (21 October 2008). "How Would You Invest S$10,000?"
  11. ↑ Lim, Cristyano. (17 November 2008). "Featured Startup: Azione Capital Pte Ltd"
  12. ↑ The Hyper Team @ Venture Hype (22 May 2009) "Interview with VC Nicholas Chan Part II: Identifying Winners", Venture Hype Corporation
  13. ↑ News Release (5 February 2009) "BizAsia Entrepreneurial Exchange Programme 2009"
  14. ↑ Loh, Justin (26 February 2008) "Business Forum @ SMU"
  15. ↑ MyVenture (Volume 1, March 2008). What do VCs look for in a start up? Must Read Publications Pte Ltd. p.20. ISSN 1793-6241.
  16. ↑ MyVenture (Volume 2, June 2008). What do VCs look for in a start up part 2. Must Read Publications Pte Ltd. p.20. ISSN 1793-6241.
  17. ↑ Goh, Daniel. (20 April 2009) "Relationship 101 for Startups: Guanxi Matters"
  18. ↑ Cameron, Nicholas. (24 August 2009) "#15 Nicholas Chan, Singapore Venture Capitalist"

External links


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