SALt wins People’s Choice award at SNS

Philippine startup company SALt (Sustainable Alternative Lighting) Corporation  won the People’s Choice Award during the World Startup Competition, which is one of the main events of the Startup Nations Summit (SNS) 2014 held on November 23 to 25 in Seoul, South Korea.

Philippines ( via SALt) was the only Asian country to reach the top five,  out of the 50 competitors in the Startup Nations Competition.

Judges for the event hailed from Google, Huawei, venture capital firms and incubators from Korea. The grand prize of $50,000 was given toCroatian firm Agrivi, a cloud farm management company, that helps crop farmers to improve farm productivity and profitability.

SALt promotes environmental and social responsibility by working to eliminate the sustaining cost in the country’s areas that rely on kerosene, battery powered lamps and candles as their main source of lighting.

The group produces a lamp that runs on saltwater called “SALt lamp” which uses the science behind the Galvanic cell, the basis for battery-making, changing the electrolytes to a non-toxic, saline solution — in a safe and harmless way.

Themed as “The Age of the Entrepreneur”, the SNS 2014 held at the D.CAMP & Sheraton Walkerhill Hotel in Seoul. The event was attended by more than 1,000 participants composed of entrepreneurs, investors, policymakers and enablers from more than 40 countries.

SALt is official philippine representative by Young Entrepreneur Society (YES) to the Startup Nation Competition. YES is official host of Global Entrepreneurship Week in the Philippines.

YES director Henry Ong said the People’s Choice Award was given by the audience who were mostly Koreans and foreignes. “Though we did not win the big prize it is already an honor to be among top 5 out of 50 countries and only Asian country to qualify,” Ong added.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.