The MediaCorp incubator programme for media startups enters its second year with the appointment of Dr Francis Yeoh to drive programme’s next phase.
SINGAPORE: MediaCorp on Wednesday (Jan 21) announced the appointment of Dr Francis Yeoh to spearhead the next phase of the Mediapreneur, its incubator programme.
The Mediapreneur enters its second year with the key objective of providing a conducive, operational platform for media startups to be systematically nurtured and developed into full-fledged tech companies. Startups in the programme will have access to funding, networking opportunities and considerable intellectual property and content, to enable them to work alongside media and domain specialists and gain valuable insights into the media business.
Dr Francis Yeoh will assume the role of Executive Director of the Mediapreneur programme. Dr Yeoh is well-known in the Singapore entrepreneurial community, and has played many different roles in his career. He was the first CEO of the National Research Foundation, and was a venture investor and internet startup CEO. He is now Professorial Fellow for Entrepreneurship at the National University of Singapore.
Mr Guillaume Sachet, MediaCorp’s Head of Strategic Planning, said: “In addition to Francis, the successful incubatees will be mentored by experienced technopreneurs and investors such as Dr Pete Kellock, William Toh and Tan Kit Jong, as well as guided by a larger mentor network comprising well-known entrepreneur-investors such as Eddie Chau and Leslie Loh. They will also have special access to domain experts within MediaCorp, which is one of the distinct benefits The Mediapreneur offers."
MediaCorp will target to work with about 10 startup companies under a one-year programme and will be their strategic partner in the longer term.
Dr Francis Yeoh said: “The world of media is undergoing seismic shifts as online and interactive technologies displace or augment traditional channels – new opportunities are appearing by the day! And yet the core remains unchanged: entertaining and informing people is still the name of the game, and MediaCorp has deep experience of how to do that. The Mediapreneur Incubator is about giving hungry young entrepreneurs a decisive advantage by leveraging that experience.”
Applications for The Mediapreneur programme are now open till Feb 22. Interested startups are invited to submit their applications online at www.mediacorp.sg/themediapreneur. Shortlisted companies will be invited to deliver a 5 to 10-minute pitch of their business plan.