Entrepreneurship community Kairos ASEAN and SMU’s Institute of Innovation and Entrepreneurship (IIE) have launched a new venture fund run by university students, for students. Called Protégé Ventures, it aims to give undergraduate and postgraduate students from Singapore-based universities a shot at "practical, real-life venture capital experience" in sourcing, analysing and investing in technology-enabled ASEAN start-ups with at least one student founder. Dean, Lee Kong Chian School of Business and Lee Kong Chian Chair Professor of Innovation and Entrepreneurship Gerard George said, “SMU is excited to partner with Kairos ASEAN on this innovative initiative. [It’ll] enable us to share SMU IIE’s knowledge with more students through the Kairos ASEAN network, and together bring more value to venture capitalists and young entrepreneurs.” Protégé Ventures is looking for 15 full-time students who have a strong interest in the start-up and venture capital ecosystem. Selected student ventures will receive a $20,000 convertible note investment from the supporting venture capital firms, as well as post-investment support from SMU.
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