Ngee Ann Poly alumni commit $500,000 in new angel investment network to support student entrepreneurs

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Ngee Ann Polytechnic (NP) students who are keen on growing their businesses can now get funding from alumni who are accomplished entrepreneurs. The alumni-led NP Angel Network was launched on Wednesday as the polytechnic marks 20 years of efforts to nurture its students’...

He said: “Start-ups have a lot of challenges in terms of raising funds, having the right talent, mentorship opportunities and guidance as to how to execute their ideas.

Said Mr Ong: “The whole entrepreneurship ecosystem is... beyond just academics. It is a holistic learning experience, where I receive support, funding, mentorship and advice, where I can reach out to successful entrepreneurs.”As part of the anniversary celebration, the polytechnic also opened on Wednesday the NP x Carousell Sustainability Lab, a partnership with home-grown recommerce group Carousell, which was co-founded by alumni Marcus Tan and Quek Siu Rui.

Mr Patrice Choong, NP’s senior director for technology, innovation and entrepreneurship, said the lab will be a node for Carousell to spread ideas about sustainability and educate NP’s student body on the growing field.

 

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