News Details | 29-Oct-2012

Singapore to host World Entrepreneurship Forum 2013

The Action Community for Entrepreneurship (ACE) and the Nanyang Technological University (NTU) are pleased to announce that Singapore will be hosting the sixth edition of the World Entrepreneurship Forum (WEF), the world’s first global think-tank dedicated to creating wealth and social justice through entrepreneurship, next year.

Founded in 2008 by the EMLYON Business School and KPMG under the patronage of former President of France Mr Nicolas Sarkozy, the WEF set out to be a meaningful platform for entrepreneurs, policy makers, experts and professionals from different parts of the world to gather to deliberate and design interventions to promote sustainable entrepreneurship for both economic and social benefits. ACE and NTU became Founding Members in 2010, joining the City of Lyon and the Lyon Chamber of Commerce on the WEF Board.

In 2011, Singapore hosted the WEF for the first time, attracting 200 think-tank members and foreign delegates from some 60 countries.

Mr Inderjit Singh, Member of NTU’s Board of Trustees and Chairman of NTU’s Enterprise Committee, as well as ACE Deputy Chairman Dr Steven Fang were in the French city of Lyon for the fifth edition of WEF just last week, from 24 to 27 October 2012.

Said Mr Singh, “We are excited to be hosting the sixth edition of WEF in 2013 and look forward to replicating, or bettering, the success of the 2011 edition which was held in Singapore. As a global platform, the WEF is one key event which will allow the local entrepreneurship community to tap into ideas from other countries and contribute to the discussion on how we can make entrepreneurship effective—not just in driving the economy, but also social good. As the public-private movement championing entrepreneurship in the last ten years, ACE is perfectly suited as NTU’s partner to bring WEF to Singapore once again.” 

Dr Steven Fang added, “It was a fruitful trip for us at WEF this year, and we came back with plenty of excellent suggestions which we can explore implementing in Singapore next year. ACE is very pleased to host WEF 2013 with NTU, which is well-regarded for its entrepreneurial programmes. Through this partnership, we are able to bring in, once again, a high-signature entrepreneurship event which will contribute to the vibrancy and learning of the entrepreneurship community here.  We hope to build upon this momentum and elevate Singapore to play a more influential role in advocating entrepreneurship for the world.” Dr Steven Fang is also the founder of listed company Cordlife and now serves as its non-executive director.

WEF 2013 is tentatively slated for 30 Oct to 2 Nov 2013. More details for the event will be released after the WEF Board convenes in early next year.

At the WEF 2011, held for the first time in Asia, Deputy Prime Minister Mr Teo Chee Hean graced the gala dinner as Guest-of-Honour, in an evening which recognised three individuals and one company for their entrepreneurial achievements and commitment to society. The Young Entrepreneur of the Year Award went to Ms Reese Fernandez, co-founder of Rags2Riches in the Philippines, which revolutionised women’s business practices and lives by turning scrap material into fashion products sought after by high-revenue customers. The Social Entrepreneur Award went to Mr William Drayton, who coined the term “social entrepreneurship” and founded Ashoka, a U.S.-based non-profit organisation which is now in 60 countries. The winner of the year’s Politician Award was Ms Anneli Hulthen, who as Mayor was instrumental in transforming the city of Göteborg in Sweden into an entrepreneurial city, while the Entrepreneur for the World Award was given for the first time to a company, FOSUN International, a Shanghai-based conglomerate who was able to align its business strategy with answering the most pressing social needs in China. 

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Media contact:

Ng Cuili (Ms)
Manager, Corporate Communications
SPRING Singapore
Direct: (+65) 6279 1812

Feisal Abdul Rahman (Mr)
Senior Assistant Director (Media Relations)
Corporate Communications Office
Nanyang Technological University
Direct: (+65) 6790 6687

About Action Community for Entrepreneurship

The Action Community for Entrepreneurship (ACE) is a public-private sector collaboration which aims to create a more entrepreneurial Singapore. ACE works with partners to promote a pro-enterprise environment; foster an entrepreneurial culture and mindset; and facilitate networking and learning among entrepreneurs. For more information, visit

About Nanyang Technological University

A research-intensive public university, Nanyang Technological University (NTU) has 33,500 undergraduate and postgraduate students in the colleges of Engineering, Business, Science, and Humanities, Arts, & Social Sciences.  In 2013, NTU will enrol the first batch of students at its new medical school, the Lee Kong Chian School of Medicine, which is set up jointly with Imperial College London.

NTU is also home to four world-class autonomous institutes  – the National Institute of Education, S Rajaratnam School of International Studies, Earth Observatory of Singapore, and Singapore Centre on Environmental Life Sciences Engineering  – and various leading research centres such as the Nanyang Environment & Water Research Institute (NEWRI), Energy Research Institute @ NTU (ERI@N) and the Institute on Asian Consumer Insight (ACI).

A fast-growing university with an international outlook, NTU is putting its global stamp on Five Peaks of Excellence: Sustainable Earth, Future Healthcare, New Media, New Silk Road, and Innovation Asia.

Besides the main Yunnan Garden campus, NTU also has a satellite campus in Singapore’s science and tech hub, one-north, and is setting up a third campus in Novena, Singapore’s medical district.
For more information, visit

About the World Entrepreneurship Forum (WEF)

Founded by EMLYON Business School (, KPMG France (, Singaporean institutions Action Committee for Entrepreneurship (, and Nanyang Technological University (, City of Lyon ( and Lyon Chamber of Commerce (, the World Entrepreneurship Forum is the first global think-tank dedicated to entrepreneurs, creators of wealth and social justice.

WEF gathers a global community of entrepreneurial leaders to foster the development of entrepreneurship to create wealth and social justice. It is:

• A think-tank: to share the latest trends and issues, and develop ideas and recommendations aimed at developing entrepreneurship worldwide.
• A do-tank: to implement concrete actions on a local or global scale to develop innovation and entrepreneurship.
• A community: to create a powerful global network of selected leaders willing to share their ideas and develop business opportunities, mentoring and collaboration.

For more information:

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