SID FUNDAMENTALS SERIES

STARTUP DIRECTOR FUNDAMENTALS

Date: Friday, 3 August 2018

Time: 9.00 am to 5.30 pm (Registration starts at 8.30 am)
Venue: BASH, Blk 79, #03-01, 79 Ayer Rajah Crescent, Singapore 139955
CPD Hours: 8 Hours
SID Member: S$520.00 (excl. of GST) S$556.40 (incl. of GST)
Non-SID Member: S$660.00 (excl. of GST) S$706.20 (incl. of GST)

Programme Outline

This course provides a broad-based understanding of what directors, startup founders and new business
owners need to know on the best practices for establishing and growing startup businesses, and the
essentials of corporate governance and fund raising, and their implications on business strategies.

Structured like a workshop, there will be interactive sessions with mentors from the government and the
investor community who will share their knowledge and experiences, and conduct brainstorming sessions
with participants on business models and fund raising. The panel discussions will incorporate sharing of
founder-cum-investor success stories and discussion of the unique challenges of startups.

The course comprises four key areas essential to startup directors:

1. The startup ecosystem and regulatory environment.

a. The players in the startup ecosystem.
b. The roles and responsibilities of startup founders.
c. The roles of key governmental bodies such as ACRA, IRAS and MAS.

2. Startup corporate governance and directorships

a. Role of the board
b. Comparison of boards of startups with established companies.
c. Comparison of boards over stage of growth of a startup
d. Relationship of the board and the founder CEO over life cycle of startup.

3. Startup funding options and government support in Singapore.

a. Different modes of funding: seed, angel, VC funding, Series A/B/C rounds (private equity) and tips
for approaching investor community.
b. Grants through Enterprise Singapore, and other government bodies.

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4. Key components of financial management for startups.
a. Financial reporting fundamentals for the board and regulatory bodies.
b. Term sheet fundamentals for structuring business proposals.
c. Importance of equity and control at every stage of funding.

Programme Highlights

8.30 am Registration and networking

9.00 am Welcome by SID

9.10 am Understanding the startup ecosystem and regulatory environment

Mr Terence Quek, Partner, Rajah & Tann Singapore

10.10 am Teabreak

10.30 am Startup corporate governance and directorships

Mr Rob Bier, Partner, Trellis Asia

12.00 pm Lunch

1.00 pm Startup funding options and government grants or support in Singapore

Ms Shirley Wong, Managing Partner, TNF Ventures

2.00 pm Key components of financial management for startups

Mr Hian Goh, Founding Partner, NSI Ventures

3.00 pm Teabreak

3.15 pm Panel Discussion

Moderator:
Ms Tan Yen Yen, President, Asia Pacific Vodafone Global Enterprise
Panellists:
Mr Lim Soon Hock, Founder and Managing Director, Plan B ICAG Pte Ltd
Mr Jayesh Parekh, Managing Partner, Jungle Ventures
Mr Tong Hsien-Hui, Head of Venture Investments, SGInnovate
Mr Eugene Wong, Founder and Managing Director, Sirius Venture Capital

4.30 pm End of Programme

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Speakers Profile

Mr Terence Quek
Partner, Rajah & Tann Singapore

Terence Quek is a Partner in Rajah & Tann Singapore's Corporate Commercial (of
which he is also the Deputy Head) and M&A Practice Groups. Terence has more
than 15 years of experience in mergers and acquisitions, PE/VC investments,
local and cross-border joint ventures, corporate restructurings, corporate
rescues and general commercial law.

He has advised on the sale and purchase of companies, undertakings and

businesses in almost every sector of industry, including banking, insurance,
manufacturing, IT, pharmaceuticals, property development and healthcare
providers (hospitals as well as clinics), just to name a few. He is also actively
involved (for investors and investees alike) in a wide range of PE/VC investment
transactions, from seed financing to early stage investments to growth capital,
and joint venture deals involving both local and cross-border entities.

He graduated from the National University of Singapore in 2001 and was

admitted as an Advocate and Solicitor of the Supreme Court of Singapore in 2002
and to the Roll of Solicitors of England and Wales in 2008.

Terence was a tutor with the NUS Law School’s Legal Case Studies programme.
He has also been recognised by Singapore Business Review as one of Singapore's
40 Most Influential Lawyers Aged 40 and Under in 2015.

Mr Rob Bier
Partner, Trellis Asia

Rob heads up the Leadership practice area for Trellis. Trellis provides support
across the organization’s ‘full stack’ including Leadership, People Ops,
Management, Teams & Culture.

Rob’s expertise is in coaching entrepreneurs & CEOs, developing high-

performing teams and designing scalable organizations. Prior to coaching, he
was founder & CEO of a FinTech company acquired by Citigroup, a co-founder
at Antfactory, one of Europe’s first digital venture capital firms, and a partner at
Monitor Group, the strategy consulting firm. He is the non-executive chairman
of MoneySmart in Singapore.

Rob has coached full-time for six years and has trained in a number of methods
to sharpen his skills. His clients include Apple, Carousell, Expedia, PropertyGuru,
Trax Technology, TradeGecko & Traveloka.
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Rob studied coaching with Prof Chris Argyris, at the Coaches Training Institute,
and with Nancy Kline of Time to Think. He has an engineering degree from
Stanford University and an MBA from Harvard.

Ms Shirley Wong
Managing Partner, TNF Ventures Pte. Ltd.

Shirley Wong is an entrepreneur and has more than 28 years of experience in

the IT & Technology industry. Currently she is the Managing Partner of TNF
Ventures Pte Ltd, an early stage venture fund that focus on technology
startups. Prior to the current role, she oversees the management of the BT
Frontline group in Asia Pacific. She was the Chairman of Singapore Infocomm
Technology Federation from 2013 to 2016.

Shirley co-founded Frontline Technologies in 1994, and it was listed on

Singapore Exchange in March 2001. Under her stewardship, the company has
grown from a team of 8 to 5000 workforce spread across 11 countries in Asia
Pacific. Subsequently, the company was acquired by British Telecom Global
Services in March 2008.

She has been active in the startup scene, helping startups to secure funding,
access to resources and market connections. She is passionate about
entrepreneurship and actively help build the startup community in Singapore.

Shirley serves on the board of Infocomm Media Development Authority of

Singapore, Singapore Science Center, Assurity Trusted Solutions, National
Kidney Foundation and Accel Systems & Technologies. She is appointed as
Chairman of President’s Technology Award, Chairman of NKF Volunteer and
Patient Advocacy Committee, member of Temasek Polytechnic IT School
Advisory Council, and member of the TechSkills Accelerator Governing Council.

Mr Hian Goh
Founding Partner, NSL Ventures

Hian Goh is a founding partner of NSI Ventures (to be rebranded to

“Openspace Ventures”). He currently serves on the boards of Chope, Zimplistic,
Love, Bonito, Grain, FinAccel and Axinan. He has fifteen years of experience
building companies, raising capital as well as investing in and advising early-
stage companies.

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Prior to co-founding NSI Ventures, he co-founded and built Asian Food Channel
(“AFC”), a 24-hour pay TV channel, and after several rounds of venture capital
funding from institutional investors, including Vickers Financial Group and
Symphony Capital, sold AFC to Scripps Networks Interactive in 2013. The AFC
investment won the Singapore Venture Capital Association’s Best Performing
Venture Capital Investment award. Hian was also the recipient of the DBS Spirit
of Vision Prestige Award for Singapore entrepreneurship. He has previously
been a mentor and advisor at JFDI (a Singapore based technology incubator),
an Entrepreneur-in-Residence at INSEAD and a member of the deal review
committee for Infocomm Investments in Singapore (a division of the Singapore
government focused on technology investments). Prior to AFC, Hian founded a
BPO (Business Process Outsourcing) company in China and was a founding
member of the Saloman Smith Barney TMT investment banking team in
Singapore from 1999 to 2001.

Hian has a degree in jurisprudence (Law) from Trinity College, Oxford and an
MBA from INSEAD Singapore.

Ms Tan Yen Yen

President, Asia Pacific for Vodafone Global Enterprise

Ms Tan Yen Yen is President, Asia Pacific for Vodafone Global Enterprise. She
was previously Regional Vice President and Managing Director of Asia Pacific
(South) for SAS Institute. Prior to joining SAS, she was Senior Vice President of
Applications for Oracle Asia Pacific and Vice President and Managing Director
for Hewlett-Packard Singapore (HP).

She is currently the Chairman of Singapore Science Centre, Director of

Singapore Press Holdings, Director of Gemalto, Director of Defence Science and
Technology Agency, and Director of Cap Vista.

She was also awarded the “Most Inspiring Women” by Women’s Weekly Great
Women of our Time Awards in 2009, the 7th International Management Action
Award in 2010, the “IT Leader of the Year Award” in 2011 by the Singapore
Computer Society and Top 10 Women in The Peak’s 2015 Power List.

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Mr Lim Soon Hock
Founder and Managing Director, Plan B ICAG Pte Ltd

Mr Lim Soon Hock has more than 30 years of experience as a board member,
CEO, technopreneur and private investor, across various highly competitive
industries in a global environment.

He is best known as the former Vice President and Managing Director of

Compaq Computer Asia Pacific, for taking the company to US$1 billion from
under US$30m – in just seven short years -- in what was arguably the most
difficult market in the world then.

Soon Hock is currently the Founder and Managing Director of PLAN-B ICAG Pte
Ltd, a boutique corporate advisory firm, which he set up in 1996. Post Compaq,
he has been involved in taking companies public, M&As and consulting for
several global MNCs and promising SMEs. He has also shortlisted 300 start-ups
from the many proposals that he received and invested in more than 30, with
successful exits of 6 (close to 20 %) of them.

He continues to sit on the boards of several government agencies, public listed

and private companies, as well as not-for-profit organisations.

Soon Hock is on the mentorship panels of the Institute of Chartered

Accountants England & Wales, Singapore Business Federation, DBS
BusinessClass, SMU’s Final Capstone Project Presentations and IES Advanced
Engineers Leadership Programme.

He has also been a member of the panel of judges for various business plan’s
competitions, for example SiTF Awards, Start-Up Singapore, Singapore Prestige
Brand Award, SMU’s Master of Innovation Programme’s Final Capstone
Presentations and Raffles Business Symposium, to name a few.

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Mr Jayesh Parekh
Managing Partner, Jungle Ventures

Jayesh is a Managing Partner at Jungle Ventures, a Pan-Asian Venture Capital

fund. He was one of the Founders of Sony Entertainment Television, a major
television network of Sony Pictures Entertainment. He is a board member of
Sanctum Wealth Management, One Animation (animation & special effects),
Picdot (Flickbay: Bollywood App) and Milaap (crowd-sourced lending platform).

Jayesh is an active social impact investor, and has investments in various Venture
Capital funds in Silicon Valley and start-up enterprises across the broad
technology and digital media space. He spent over 12 years at IBM in various
technical and sales positions based in Houston and Singapore, and part of the
team that brought IBM back to India.

Jayesh is on the Board and the Investment Committee of Aavishkaar India II

Fund, which is a social impact fund. Jayesh has served on the Board of United
Way International for 6 years, and he was on the Board of SONG, a fund owned
by Soros, Omidyar Network and Google, which invests in SMEs in India that meet
social objectives.

Jayesh holds a Bachelors degree in Electrical Engineering from Maharaja

Sayajirao University of Baroda in India and a Masters degree in Electrical
Engineering from the University of Texas at Austin. He is an Entrepreneur-in-
Residence at INSEAD, a member of TiE Angels, and Indian Angel Network.

Mr Tong Hsien-Hui
Head, Venture Investments, SGInnovate

Hsien-Hui brings with him, in-depth knowledge and experience in the Business
Development and Venture Capital spaces in Australia, Europe, Singapore and the
US.

As the Head, Venture Investments, Hsien-Hui oversees SGinnovate's investments

efforts, which target high-potential, deep technology startups working on areas
such as Artificial Intelligence, Autonomous Vehicles, MedTech and Blockchain.

Prior to joining SGInnovate, he was the Managing Partner, Asia Pacific for Wassax
Ventures. He has also served as the CEO of the National University of Singapore
Society (NUSS) and Vice President at Staples. In the early 2000s, he co-founded a
data mining company, which was sold to a global bank two years later.

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 Hsien-Hui graduated in 1998 from NUS with a Bachelor of Engineering.

Mr Eugene Wong
Founder and Managing Director, Sirius Venture Capital

Eugene is the founder and managing director of Sirius Venture Capital (SVC), a
venture capital company he founded in 2002. SVC focused mainly in the F&B
sector, among its past and present investments include Ajisen China, Paradise
Group, Japan Foods Holdings, OJJ Foods, Singapore Kitchen Equipment, Neo Group
and Ajisen China and Ajisen Japan. In the start-ups area, Eugene has started
investing since 2000, he was an early investor in Reebonz, an eCommerce firm and
in several Food and Agri Tech startups, such as Hargol Food Tech and SuperMeat
from Isreal; MicroGen BioTech from Ireland, Agfunder and Chapul
from USA, Mekhala from Singapore and LaLaMove from HK. He is currently the
Chairman of CrimsonLogic and Global eTrade Services (GeTs) as well as the Vice-
Chairman of Japan Foods Holding and SBF’s China North Asia Business Group
(CNABG). Most recently, he was appointed Business Advisor to SPH’s Han Culture
and Education Group. He is a Chartered Director (CDir) and Chartered Financial
Analyst (CFA). He graduated with a BBA First Class Honours from NUS Business
School and obtained a MBA from Imperial College. He attended the Owners
President Management (OPM) program from Harvard Business School.

REGISTRATION
Please register online at www.sid.org.sg by 27 July 2018.
Should you require assistance, contact us at:
The Secretariat
Tel: 6422 1188
Fax: 6422 1199

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REQUEST FOR REPLACEMENT OR DEFERMENT
Replacement of a participant is subject to at least 5 working days prior notice in writing. In the case whereby a SID
member participant is replaced by a non-member, a top-up fee will be levied. No refund will be made if a non-
member participant is replaced by a member.

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CPD hours/attendance letter is subject to the participant arriving no later than 30 minutes after the programme
starts or leaving no more than 30 minutes before the programme ends, and submitting the module Assessment
Form only at the end of the event.

CAR PARK COUPONS

There will be no complimentary car park coupons. The nearest station is One North (Circle Line) – Exit C
(Fusionpolis). For those driving, the carpark charge is $1 per 30 min on weekdays before 6 pm.

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Log in to your account at www.sid.org.sg
Select invoice to pay at “My Open Invoices”.

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Payable to: Singapore Institute of Directors (please quote invoice number behind the cheque)
Mail to: 168 Robinson Road, #09-06, Capital Tower, Singapore 068912
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Bank Name: DBS Bank Limited
Branch: Raffles Place Branch
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(Note: All bank charges are to be borne by the applicant)
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