Media Resouces
Mapletree Brings Challenge to Budding Entrepreneurs at SIT
09 Apr 2019
  • More than 300 SIT students benefit from Mapletree’s support for The Mapletree Challenge    

SINGAPORE – Mapletree Investments Pte Ltd (“Mapletree” or “the Group”) is pleased to announce the launch of The Mapletree Challenge with the Singapore Institute of Technology (SIT) by providing a funding of $200,000. The Challenge aims to help SIT students refine their job interview and presentation skills, as well as provide budding entrepreneurs with a test-bed to pitch their entrepreneurial ideas. The full details of the Challenge are available in Annex 1.    

The Mapletree Challenge comprises Job Interview & Presentation Masterclasses, the Mapletree Innovation and Entrepreneurship Forum, as well as Mentoring Masterclasses. The Challenge will culminate in The Grand Final on 2 May 2019 where participants will share their ideas for sustainable innovations. The first component, namely the Job Interview & Presentation Masterclasses, kicked off on 31 October 2018, and since then six masterclasses have been completed.

“Our partnership with SIT started in 2014, through an endowed bursary.  Our support for The Mapletree Challenge is in line with our education initiative – one of the four key pillars of our Corporate Social Responsibility framework.  It is our hope that more students will benefit from the workshops offered, and take up the challenge to think of a business idea that would make a difference in today’s world through sustainable innovations,” said Mr Edmund Cheng, Mapletree’s Chairman.

The second component of The Mapletree Challenge – The Mapletree Innovation and Entrepreneurship Forum took place on 20 March 2019. Over 180 participants attended the Forum to hear from a distinguished panel on their perspectives regarding entrepreneurship and sustainable solutions for today’s world.   

The leading industry practitioners who formed the panel were:

  • Mr Shamir Rahim, Founder & CEO of VersaFleet
  • Mr Zach Wilson, Managing Director of AlfaTech and DVUCA in Singapore
  • Ms Nancy Ling, Director and Co-Founder of ECO U PTE LTD and
  • Mr Eugene Wong, Founder and Managing Director of Sirius Venture Capital

 
Image 01: (From L-R): Mr Shamir Rahim, Mr Zach Wilson, Ms Nancy Ling, Mr Eugene Wong and Mr Victor Cole (moderator), Assistant Professor, Centre for Communication Skills, SIT.

They discussed a wide range of issues, including emerging trends for sustainable innovations in their respective industries, persuading clients, creating conditions for innovation, and also shared their journeys as entrepreneurs.

Said Mr Aloysius Teo, a second-year Criminology and Security student who attended the forum, “I learned that failure is mandatory, before one can achieve success. In entrepreneurship, there may not be an original idea that lasts forever. One must keep evolving to remain ahead of the competition. He added, “The forum was helpful as it showed that despite everyone coming from different industries, there are core traits, characteristics and attitudes that one must have if one wants to be an entrepreneur.”

Ms Tham Kah Mum is a second-year Hospitality Business student who helped organise the forum, together with her peers and with guidance from SIT Faculty. She said, “The planning and execution of the forum was an eye-opener. The whole planning process allowed us to work with various departments of the school and understand the processes involved to make the event happen. Being precise, innovative and efficient are the few things that we needed during the process and execution. The team felt very contented after the execution of the successful event. I am very thankful for this opportunity and I really appreciate Mapletree’s generous support, as well as guidance from SIT Faculty and Staff.”

In the third component, the Mentorship Masterclasses, twelve project teams will be shortlisted, where they will present their ideas to a panel of judges and be mentored by industry experts. The Masterclasses were held on 3 April and 10 April 2019. Following which, six teams will be selected to compete in the Grand Final of The Mapletree Challenge on 2 May 2019.  

 
Image 02 (L-R): Mapletree Bursary recipients, Ms Chua Rui Zhe Rachel, Mr Lim Wen Bin and Mr Teo Tong Yew Aloysius (second from extreme right) gathered for a picture with Ms Heng Yeow Khing, Mapletree CSR Board Committee Member, Mr Edmund Cheng, Chairman of Mapletree, Prof Tan Thiam Soon, President, SIT, and Mr Wan Kwong Weng (extreme right) Group Chief Corporate Officer, Mapletree Investments, at the Mapletree Entrepreneurship and Innovation Forum on 20 March 2019.

 
Image 03: Mr Wan Kwong Weng (left), Mapletree’s Group Chief Corporate Officer, receives a token of appreciation from Prof Tan Thiam Soon, President, SIT.

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Annex 1

The Mapletree Challenge in its entirety comprises the following components:

Job Interview & Presentation Masterclasses (October 2018 to March 2019): focus on helping students refine job interview skills and personal brand, with the workshops directed by leading corporate trainers.

The Mapletree Innovation and Entrepreneurship Forum (20 March 2019): panel discussion focused on entrepreneurship and innovation.

Mentoring Masterclass (3 April and 10 April 2019): coaching sessions on entrepreneurship and innovation, and honing students’ entrepreneurial ideas and persuasive pitching and presentation skills

The Grand Final (2 May 2019): Selected participants will apply their discipline-specific skills to generate ideas for sustainability and present an innovative, practical and marketable plan to a panel of experts.

The Grand Final will feature six competing student project teams who will present entrepreneurial ideas for sustainable innovations, in a 10 to 15-minute live presentation. Teams will compete for The Mapletree Gold, Mapletree Silver, or Mapletree Bronze awards, cash prizes and the opportunity to have their ideas supported for prototyping.

 

MEDIA CONTACTS

Ms Eileen Lee
Ms Dorothy Siok
Manager, Corporate Communications
  Senior Executive, Corporate Communications
Mapletree Investments   Mapletree Investments
Tel: +65 6377 6376
  Tel: +65 6377 6376
Email: eileen.lee@mapletree.com.sg   Email: dorothy.siok@mapletree.com.sg 

 

ABOUT MAPLETREE

Mapletree is a leading real estate development, investment, capital and property management company headquartered in Singapore. Its strategic focus is to invest in markets and real estate sectors with good growth potential. By combining its key strengths, the Group has established a track record of award-winning projects, and delivers consistent and high returns across real estate asset classes.

Mapletree currently manages four Singapore-listed real estate investment trusts (REITs) and six private equity real estate funds, which hold a diverse portfolio of assets in Asia Pacific, the United Kingdom (UK) and the United States (US).

As at 31 March 2018, Mapletree owns and manages S$46.3 billion of office, retail, logistics, industrial, residential, corporate housing / serviced apartment, and student accommodation properties.

The Group’s assets are located across 12 economies globally, namely Singapore, Australia, China, Germany, Hong Kong SAR, India, Japan, Malaysia, South Korea, the UK, the US and Vietnam. To support its global operations, Mapletree has established an extensive network of offices in these countries.

For more information, please visit www.mapletree.com.sg. Follow us on the Mapletree Arts in the City Facebook page (www.facebook.com/MapletreeArtsIntheCity) to stay updated on arts events and initiatives organised and supported by Mapletree.

ABOUT SINGAPORE INSTITUTE OF TECHNOLOGY
Singapore Institute of Technology (SIT) is Singapore’s university of applied learning. It aims to be a leader in innovative university education by integrating learning, industry and community as part of its unique pedagogy. Partnering world-class universities, SIT offers applied degree programmes targeted at growth sectors of the economy.  SIT also aims to cultivate in its students four distinctive traits, or the SIT-DNA, which will prepare them to be ‘thinking tinkerers’, who are ‘able to learn, unlearn and relearn’, be ‘catalysts for transformation’ and finally, become ‘grounded in the community’.  

For more information, visit www.SingaporeTech.edu.sg.