Introduction of Joyful Frog Digital Incubator (JFDI)

About JFDI

#1 in Southeast Asia, JFDI is Asia’s gateway to a global

community

➢ JFDI was the first accelerator in the whole of Southeast

Asia.

➢ JFDI was recruited by TechStars as first regional member

of its Global Accelerator Network: 50 elite accelerators in

63 cities worldwide. JFDI shares insights gained creating

908 new startups across 6 continents.

➢ Worldwide, accelerators like JFDI have raised over

S$3.2b funding and created $10b value in hundreds of

businesses, like Airbnb, Dropbox, Sendgrid, and Heroku.

Since JFDI’s accelerator launch in 2012:

➢ 1075 startup teams from 58 countries have applied for

acceleration.

➢ 40 (3.7%) of applicants were accepted.

➢ They received S$25k pre-seed investment for 5-10%

equity.

➢ 63% of accelerated teams raised follow-on funding

averaging S$600,000.

➢ The first two years of JFDI’s accelerator operations

yielded 21 active startups, raising in aggregate SGD9m

(USD7.2m) in seed funding and now valued at

SGD36.1m (USD29.1m)

In 3 years, JFDI has secured widespread media coverage

because of its regional impact. In Singapore, its alumni

already represent approximately 10% of all ICT startups

funded at seed level.

JFDI in the media

JFDI.Asia has been featured in top business and tech media, globally, regionally and in Singapore:

Wall Street Journal

Singapore Aims to Become Southeast Asia's Silicon Valley

http://bit.ly/JFDI_WSJ

Economist

All together now: What entrepreneurial ecosystems need to flourish

http://bit.ly/JFDI_Economist

New York Times

In Singapore, Building Businesses for the Next Billion

http://bit.ly/JFDI_NYT

The Straits Times

Heart of Singapore’s start-up ecosystem

http://bit.ly/JFDI_ST16JUL2014

TechCrunch

JFDI Accelerator Raises $2.1M To Help Singapore

Become Southeast Asia’s Startup Hub

http://bit.ly/JFDI_TC17MAR2014

JFDI: bringing people together across the

region

JFDI has hosted over 140 weekly open house

networking events since 2011, each bringing together

between 30-200 people. Speakers have included Yves

Pigneur, the inventor of the Business Model Canvas

and Amazon Global CTO Werner Voegels.

JFDI has hosted over 30 startup events ranging from

startup weekends to sponsored hackathons across

APAC in Singapore, Malaysia, Indonesia, Australia,

India, Indonesia, Thailand, Vietnam and Philippines.

About JFDI: The Top Team

Meng Wong

➢ Co-founder and CIO, JFDI.Asia

➢ Founded two successful Internet dot-coms

(pobox.com and karmasphere.com, VC-backed)

➢ Led the SPF opensource standard

➢ Active Business Angel

➢ Deputy Chair, Business Angels Network South

East Asia

➢ Computer Science at UPenn

➢ Entrepreneur-in-residence / guest lecturer at NUS,

INSEAD

Hugh Mason

➢ Co-founder and CEO JFDI.Asia

➢ Former award winning factual TV producer in UK:

BBC, Discovery, National Geographic

➢ Founded successful independent factual

production company (Narrateo Limited) which

made over 150 hours of programming in long-form

series and one-off feature shows for international

distribution.

➢ Adjunct at NYU Tisch Asia, guest lecturer at

INSEAD, SUTD, MIT, SMU

Testimonials from local investors

Lim Kuo-Yi, Partner, Monk’s Hill Ventures:

“I can’t say enough that JFDI is pivotal to the scene

here. I think they have done a lot of good.”

Chow Yen-Lu, Entrepreneur and Business

Angel:

“What’s impressive is what they were able to

accomplish in 100 days … With this Demo Day and

other events like it, Singapore has clearly become

the hub in the region for early stage investment.”

Amit Anand, Founder and Managing Partner of

Jungle Ventures:

“JFDI has done well in toning some of these start-

ups from where they were before to where they

should be.”

Paul Santos, Partner, Wavemaker Labs:

“Hats off to JFDI for trying something like this. JFDI

now have a ton of learning and the next batch of

incubatees will benefit from that experience.”

Testimonials from JFDI teams

“One of the top accelerator programs in this region.

Never before have I seen so many entrepreneurs,

mentors and investors come through one place

over such a short period” – team UserScout, 2013

“it couldn’t have been better … the exposure we

got, interacting with the other teams, with people

from all over the world, it has really helped us,

personally and professionally” – team Scrollback,

2013

“Entrepreneurship can be a lonely journey and it is

very encouraging to sprint with other great teams

who are facing similar challenges” – team Klinify,

2013

“Highly recommend. If you want to build tech-

startup in Asia for Asia, then Go JFDI.Asia” – team

ShopSpot, 2012

“Don't wait to join JFDI - just do it” – team

TradeGecko, 2012

“It's a fantastic process throughout, especially the

community aspect… With JFDI we had an entire

community of mentors advisors and entrepreneurs

helping us with this journey” – team Glints, 2014