The two-day 9,500+ attendee JUMPSTARTER event hosted by Alibaba Entrepreneurs Fund was an exciting, energetic kaleidoscope of activities whose primary aim was to connect startups with investors, corporates and industry. Prior to the event AEF launched a startup competition in categories ranging from smart city and fintech to advanced materials and retail. 200 startups – 100 local and 100 international teams – were selected to be showcased at the event.
In addition to the startup pitches, the event featured keynotes, panel discussions, demos, workshops and business showcases. Speakers included Joe Tsai, Co-Founder and Executive Vice-Chairman of Alibaba Group who suggested that entrepreneurs should focus on solving real problems as opposed to looking at technology and see how that could be applied, and pioneers like Dr. Wang Jian, Chairman of Alibaba Group Technology Committee and Founder of Alibaba Cloud, who highlighted the importance of vision in the startup journey, saying “You (need to) have your own view of what the future world should be like, and believe that you can make it happen. Our vision at that time (at the outset) was that computing should be delivered through internet, and that’s how we started Alibaba Cloud.”
The winners of the global competition for best startup, which received over 600 applications, were Hong Kong’s ASA Innovation, for Airluna, their nanotechnology based air-purifier lamp.
“Mission, vision, values – these are the three most important things to think about as you start your business”
Joe Tsai, Executive Vice Chairman of Alibaba Group,
and Director of Alibaba Entrepreneurs Fund