Asian Entrepreneurship Award 2013 is expecting 20 startup entrants through nomination by a Nominating Committee member. Startup entrants will be competing in the semi-final on May 31th after the mentoring session on May 29th. (List below in alphabetical orders)

AsukaLab Inc.

AsukaLab Inc.

Tetsuya KAKUTA
Industry: Virtual/Augmented/Mixed Reality

AsukaLab was launched from the University of Tokyo in Japan. Based on the Virtual Reality (VR), Augmented Reality (AR) and Mixed Reality (MR) technology of the university, we are developing Head-Mounted Display (HMD) specific virtual tour guide system. Just looking through the special goggle, you can appreciate 360-degree interactive 3D view of ancient landscape on historical site via our mobile audiovisual guide. Large screen and head-tracking function of HMD are of great advantages over existing mobile AR app on iPhone or Android. Our market is the tourism industry and customers are mainly local government at present. Though our initial source of income is customized software development, we are planning to introduce a revenue share solution to the local tourism market. We believe that our state-of-the-art mobile HMD can replace traditional audio guide service and that will be the world standard of tourist information system.

AXELSPACE Corporation

AXELSPACE Corporation

CEO and President
Industry: Space development

AXELSPACE Corporation is a very unique startup company, specializing in the micro-satellite field. Micro-satellite is an artificial satellite weighing less than 100kg, which has far superior characteristics to traditional large satellites in terms of cost and development time. Our micro-satellite technology has a high degree of potential to drastically change how we humans utilize space, which has been long dominated only by the governments of developed countries. Our goal is to acquire the information on "the present Earth" and share them among people all over the world, by constructing real-time Earth observation system with 30 to 50 micro-satellites distributed in low-earth orbit. This new type of infrastructure has possibilities to create new industries based on it. For example, adding a real-time feature to maps we use every day will evolve those maps into a new information platform, by newly introducing the concept of "timeliness." Our system also greatly contributes to the public sector, such as damage control at the time of a natural disaster, safety management of maritime traffic, constant monitoring on important facilities and intelligent agriculture to fight poverty in developing countries.



Industry: Bio/Life-Sciences

Bio/Life-Science AyoxxA is a start-up company commercializing a novel technology platform developed at the National University of Singapore. This platform enables the measurement of a large number of different proteins and biomolecular analytes from a very small volume sample - so called "multiplexing" . In the field of genomic analysis, DNA microarrays have become a powerful tool. Yet, despite a rapidly growing multi-billion US$ market for protein analysis, comparable tools are not available at the protein level. AyoxxA addresses this need for multiplexed protein analysis with its platform technology of bead-based protein microarrays on a substrate biochip. This technology will benefit many disciplines, including biological research, pharmacological screening and medical diagnostics.

AyoxxA raised a Series A investment round of 4 Million US$ with several international venture capital companies as well as 1 Million US$ in grants in 2012. For 2013 AyoxxA is looking forward to closing a significantly larger multi-million US$ Series B investment.



Industry: Energy Storage System Manufacturing

Title: Ferrum Powered Society

Hydrogen is considered as one of the most important clean energy sources for future. However, the use of hydrogen has been hindered due to its high flammability and difficulty of storage.
We propose to use inexpensive "ferrum" (= iron) powder instead of hydrogen as an energy source. Ferrum can produce hydrogen when oxidised. By utilizing this reaction, we have developed patented novel0 "Shuttle-SOFC" device that generates electrical power from ferrum. This device can store 5 to 10 times higher energy than conventional Li-ion batteries. With this technology, humongous social investment into the infrastructure for transportation and storage of hydrogen (such as long pipeline, high-pressure gas bomb or liquid hydrogen container) can be avoided. Since ferrum is one of the most common materials on the earth, unlike fossil fuels or lithium, there will be no concern for shortage.
Our business is to manufacture Shuttle-SOFC devices for electrical cars (EVs) and various energy storage systems (ESSs). The Japanese Ministry of Economy, Trade and Industry (METI) expects that at least 20% of the cars sold in Japan will be electric in 2030. And the market for ESS is expected to grow to $1,750M in 2020. Our ultimate business goal is to provide stable and sustainable energy solution at global level.

CV. IT PRO Solutions

CV. IT PRO Solutions

Dipl.-Ing. Aloysius Bambang PRAYITNO
Industry: Remote monitoring, Ticketing machine, Embedded hardware, and software system developer

Intercity bus transportation is very wide spread, sometimes also the only possible means of transportation in developing countries with high density but mobile population.
Economic route buses can stop and pick passengers anywhere along their route, offering a cheap and flexible travelling option for the low and middle class.
These buses will do their best to get as many passengers as possible, doing highly risky maneuver on the street to beat others to reach the daily deposit.
Roads are not safe, passengers often overcharged, bus owners has no visibility over the economic of their buses, and bus operators are paid by their daily deposits.
Our GPS based bus ticketing machine will solve this problem at many levels:
• Passengers pay the exact fair price by traveled kilometers, no more negotiations, no more ‘paying too much’ for strangers and tourists
• Bus owners know their real income, can offer the best price for passengers, and pay their employees fairly
• The roads are much safer without the rodeo driving buses
• Low cost, high tech, we use recently available open source cheap computing device, locally availble components, and free available everywhere GPS technology
This solution is already in pilot project in Indonesia, and will apply for every high density population countries in ASEAN and other parts of the world.

Gauss Lasers Technology Co., Ltd

Gauss Lasers Technology Co., Ltd

Shian ZHOU
General Manager
Industry: Laser Micromachining, Ultrafast Fiber Laser

Gauss Lasers manufactures high power next-generation ultrashort pulse laser in Shanghai, China for micromachining. Gauss Lasers develops solutions to picosecond(ps) fiber lasers. The value that Gauss Lasers delivers is the ability to create high power ps fiber laser and dramatically improve the stability and robustness of ultrashort pulse laser for the purpose of making non-contact micromachining more effective. It is committed to providing all-fiber laser solutions to replace traditional solid state laser. The products are competitive in comparison to other premium-quality commercial solid state lasers.
We predict fast growth in the third year with sales exceeding ($USA)
8 million, and we expect profits of ($USA) 4 million. We have positive indicators from current customers that the additional amount of lasers will be sold.

Our keys to success are:
• Unique high power ultrashort pulse all-fiber laser product line.
• Significant investments in research and development and engineering with the aim to focus on fiber laser technologies; and maintaining a strong R & Dteam.
• Effectively communicating, to current and potential customers, our position as a differentiated provider of the highest quality ps fiber lasers in the laser micromachining world.
•Supplying reliable and long term post-sales customer services.

GeneFrontier Corporation

GeneFrontier Corporation

Industry: Biotechnology

GeneFrontier Corporation (GFC) is a Japanese biotech company, which is one of the group companies of KANEKA Corporation. GFC is focusing on biopharmaceutical R&D support business with innovative products and services especially in the area of protein based biologics including antibodies.

Now, GFC is developing its proprietary technology for R&D of antibody therapeutics, which is a red hot in pharmaceutical industry. As our proprietary product and service, we launched PUREfrex and PUREfrex RD recently. Those are innovative technologies which can contribute to the R&D in pharmaceutical companies developing protein based biologics, such as therapeutic antibodies. It is a simple, fast, easy and effective screening system which can handle highly diversified library. It can remarkably accelerate R&D in pharmaceutical companies.

Our aim is to explore the potential of protein based biologics, and to contribute to the development of innovative therapeutics in healthcare industry through the partnership with pharmaceutical companies.



Hongqiang WANG
Industry: IT

Our company focuses on using the 3D videos and tools to show the overviews or inner structures of houses as well as design the decoration of the houses in the real estate industry based on the Building Info Modeling technology. We provided two products that are 3D virtual tours and online 3D virtual design tool. Our customers are real estate developers, house buyers as well as house decoration companies.
The company can support itself by the cash cow product of the 3D virtual tours. The online 3D virtual design tool is the promising product for the future with leading technology and innovative business idea. We have now developed corporations with many large real estate developers who can be further leveraged as our promoting and expanding channels.
The core team members are excellent and experienced with rich knowledge in Building Info Modeling technology, real estate market and start-ups operation.

Ningbo Greens Packing Technology Co., Ltd.

Ningbo Greens Packing Technology Co., Ltd.

Industry: Automation

In November, 2012, Ningbo Greens Packing Technology Co., Ltd. ("Green Packing") was founded in Zhejiang, China as the resulting company of a series of intercompany coorperation. The newly founded company aims to promote its former business of "Paper Profile", a cushion packing material invented by its predecessor. "Paper profile" includes tens types of paper cuboids something like aluminium profile and iron profile. Differently, "Paper profile" is made of corrugated paper and environment-friendly glue. However, the business in Paper Profile was severely limited by the previous production mode of traditional manual workshop. Green Packing was thus founded to solve this problem, by introducing the independently developed Paper-Profile Machines and Auto-Assembling System. Productivity ensured, we now market both Paper Profile cushion packaging products and Paper-Profile Machines with vision to promote Paper Profile in packing industry.

Piktochart Sdn Bhd

Piktochart Sdn Bhd

Ai Ching GOH
Industry: Web Application - Productivity - Infographic App

Piktochart is a web application that helps non - designers create infographics. The application contains features to make impressive visual graphics to represent information. Piktochart was launched at March 2013 and currently has over 200,000 users on the database. The company has 11 full time members and has a month on month revenue growth of 10%.

Playnote Limited

Playnote Limited

Industry: Software for Professional Music Education

Playnote is founded by a team of professional musicians and technology experts in 2010, specializes in products and services for music education and appreciation. Our mission is to make music learning and appreciation easy for everyone through our innovative and state of the arts technology with human-oriented design.
Our product, AURALBOOK is an application software for mobile education, which main objective is to help students to practice the aural skill required in professional music examination worldwide. AURALBOOK can recognize students’ singing and clapping through "digital ear" . It will then analyze students’ performance, including pitch, beat, singing skill, clapping strength, etc. and give feedback to students how to improve through "artificial intelligence" by showing and comparing the original music score and student’s performance on the same music sheet and telling the comments in real voice.
It significantly help music students to learn music in a faster, easier and much in-expensive way. All what we have done will change the business model of the entire professional music education industry completely.
Playnote is the winner of a number of regional and international awards, including:
- Grand Award, Startup Category, Asia Pacific ICT Alliance Award (APICTA) 2012
- Merit Award, e-Learning Category, Asia Pacific ICT Alliance Award (APICTA) 2012
- Gold Award, Best Lifestyle Award (Learning and Living), Hong Kong ICT Award 2012

Quantum Biosystems Inc.

Quantum Biosystems Inc.

Toshihiko HONKURA
President and CEO
Industry: Life Science

Quantum Biosystems is developing a nanopore-based sequencing system called "Gating Nanopore" that will accelerate the use of DNA/RNA sequencing with broad applicability. The concept of the Gating Nanopore was originally proposed by Prof. Kawai and Prof. Taniguchi at Osaka University. In order to translate Gating Nanopore science into practical and commercial application, Quantum Biosystems was founded in Jan 2013. The platform consists of various innovative technologies including nano-technologies, electronics and informatics and is designed to provide excellent user benefits over important features as a DNA/RNA sequencer such as cost and speed with excellent quantitative capability. The Gating Nanopore technology together with new business model is expected to provide a huge economic and clinical impact on the market.

Rayark Inc.

Rayark Inc.

Shih Chun CHANG
VP, Marketing & Communication
Industry: Game Development

♦ 2011.9 Rayark Inc. founded
♦ 2012 Q1 Cytus, music rhythm game, released on iOS and Android, to great acclaim
♦ 2012 Q4 Mandora, character based casual game, released on iOS and Android, 4 million downloads in 3 months
♦ 2013 Q2 & Q3 Scheduled releases of 2 new music rhythm games on mobile platforms
♦ 2013 Q4 Scheduled release of next-gen 3D action game

Rayark is a team of passionate game developers who are dedicated to creating high-quality gaming experiences on various platforms.

As a content provider, Rayark also seeks for integration of online/offline applications, such as the following events;

♦ Cytus live concert 2012 @Taipei
♦ Cytus musical 2013@Seoul
♦ Mandora collectibles pre-order
♦ Rayark artist collaboration 2013

Social & Mobile, Inc.

Social & Mobile, Inc.

Sungsuh PARK
Industry: Information and communications

ColorNote, our flagship product, is a notepad app that hit over 35MM downloads recently. We have focused on global market to acquire 92% of users outside Korea. In particular, US is the key growth area with the largest user base, and ColorNote ranks the highest among note apps in U.S Google play stores.

We don't see ColorNote as the tool to just save and collect information like other notepad apps. We aim at making simple for people to remember and manage things so that they can concentrate on their lives without stress. For example, ColorNote allows people to effortlessly stay organized and to easily transfer the data with online sync service. Also it actively reminds people of important things.

Currently, we are working on developing ColorNote's paid versions to generate revenue. We will charge users for enhanced cloud service and better organization. At the same time, we are planning to promote ColorNote.

In long term, we want to provide ColorNote's cloud platform as a service to other developers. Opening our API would enable us to grow with 3rd parties together. In this sense, we believe ColorNote can contribute to not only individual users but also eco mobile system.

Social & Mobile, Inc.


Industry: Water Industry

TaraFresh brings clean and safe water to any location that has a natural source of water. TaraFresh water purification is self-contained, use solar powered, can deploy at any location to provide 600 thousand liters of water/month, supplying the needs of 6,000 people/month in continuous service and provide emergency supplies during a natural disaster.
One TaraFresh water purification system can be installed at a remote site for approximately USD 20,000. The system is producing the disinfectant out of the minerals in the water by and does not need any addition of chemicals. Running costs are virtually non-existent: the entire system is solar powered, and the filtering system can be cleaned with a simple toothbrush brush and lemon juice; the primary maintenance is the need to replace water pump every three years (USD 300/time). TaraFresh is investigating a number of pricing models, but one of the most likely ones would yield an annual gross profit margin of 95%, while providing a rural village continuous healthy water supply.
In a world of water problems, TaraFresh represents a technological, social, and economically sustainable water solution, and is seeking like-minded investment partners who can provide the resources and networks to scale as fast as possible in order to take on the challenge of providing clean water, community by community, to the world.

Terra Motors Corporation

Terra Motors Corporation

Industry: Automotive and motorcycle manufacturing industry

Terra Motors Corporation will create a new mobility lifestyle in Asian region. With elaborate strategy and technological capability, we will not only introduce ecological and economical products, but also create whole new eco-system that many electric mobilities will be built upon.
We have become No.1 electric motorcycle manufacturer in Japan in three years. We have gathered human, financial, and technical resources through our business experience in Japan.
We opened our branch in Vietnam and the Philippines. There will be new branch in India as well in the near future.

With the Tesla Motors business model combined with a battery checking station, we will give the electric motorcycle a whole new image as a business and as a lifestyle as well.

Through electric motorcycle and trycycles, we not only provide new means of transportation, but also tackle the environmental problems in the Asian region. In addition, establishing factories and employing local people will create new opportunities and jobs in the country. Lastly, we will lead the electric mobility as an industry, in the Asian region. This will make Asia the new industry centre.

TurtleYogi Technologies Pvt Ltd

TurtleYogi Technologies Pvt Ltd

Hrishikesh KULKARNI
Industry: Tele-Communication + Cloud based Collaboration

TurtleYogi is a startup founded by telecommunications veteran with 15 years of industry experience and incubated at the prestigious IIM-Bangalore. OneKlikStreet, a flagship product from TurtleYogi technologies, is a virtual office setup in the ‘clouds’ with seamless Audio-Video facility. OneKlikStreet is a zero download, zero plugin, simple to use browser based video and audio, cloud hosted service offered to businesses with subscription pricing. With web API we offer businesses customizable video and audio collaboration services. We offer the best price-bandwidth performance in the video collaboration industry. Our promise to businesses is to enable wide customer reach at the lowest cost with simple user experience.



Do Dinh KHOA
Industry: Information Technology

When businesses in developing countries like Vietnam want to enter the world market, when poor people want to explore the outside world, the first thing they need is to understand others and make themselves understood. In the world like a global village nowadays, being able to speak a foreign language is one thing that can help businesses and people in poor countries live a second beautiful life. Taking into consideration of the importance of language, our company design a package of solutions not just products in order to
- help schools, businesses, and government agencies change their ways in training and testing foreign languages.
- help people change their way in learning and using a foreign language.
- reduce the costs of training, testing and learning.
- make a foreign language become a companion of people not just a tool.
- make a foreign language go in line with knowledge to enrich people's life.
The formation of our solution is based on the fact that:
- Vietnam has been spending a lot of money and decades to improve the foreign language competency of people, but finding itself far losing behind many neighboring countries.
- It is urgent for Vietnam to become more competitive in the world market.
- Vietnam and Vietnamese people are trying hard to be more integrated with the rest of the world.
- Vietnam's tourism industry is facing language obstacle.
- Vietnamese people need one tool to learn more about the outside world.

X2wave Systems Inc.

X2wave Systems Inc.

Rene Adrian S. FLORES
CEO & Co-founder
Industry: Healthcare

X2wave’s Patent-pending fully integrated single unified EMR (Electronic Medical Record), PHR (Patient Health Record), EPM (Electronic Practice Management), and EHR (Electronic Health Record) is a complete healthcare product innovation called "HealthSync", a state-of-the-art solution in delivery and quality healthcare in connecting healthcare professionals, providers, patients and information via hybrid (private/public) mobile Cloud Computing-based platform. With HealthSync, healthcare professionals and patients are offered accurate
and timely information through accessibility to our Secure Single
Unified Patient Repository (SSUPR)TM and seamless integration and
applicability to our Secured Unified Record Gateway (SSURG)TM.
Combined with x2wave On-Demand & Online-Offline Multi-Synchronization Technology thus enable a borderless multi-tenant architecture for all users, even reaching remote villages or hard to reach areas/population, and therefore advancing e-Health or TeleMedicine capabilities to the next level.
Our cloud computing solution are fully integrated into a single platform and engineered for ease-of-use applications making our solution easy and quick to deploy, customize and inter-operate or integrate with other third-party software applications supplemented by value-added services. As a result, our competitive advantage lies on our ability to provide healthcare professionals, providers and patients with speedy and quality access to SSUPRTM at low-cost, low-risk and ease-of-use On-Demand services.

X2wave Systems Inc.

Xcode Life Sciences Private Limited

Industry: Healthcare

Our genomic code carries a wealth of information about us and can be used to identify genetic disorders. There are approximately 4000 genetic disorders that are caused by mutations in individual genes. Additionally, there are several disorders like asthma, autism, obesity, diabetes etc. that are caused by mutations in multiple genes.

We intend to use genetic as well as environmental parameters to predict onset of diseases and susceptibility. The genetic parameters would comprise of markers (Single Nucleotide Polymorphisms - SNPs) specifically for Diabetes, Obesity and Coronary heart disease. The environmental parameters would comprise of diet, weather, lifestyle, quantitative traits etc. We plan to utilize these parameters to calculate risk of diseases. We hope this will aid in promoting preventive health behavior in India, create an educated society that practices good health behavior early on so as to control the environmental influence that cause diseases and establish cause and effect for major disorders.

Xcode has developed technology to analyze genetic data that is obtained by means of saliva sample from an individual and provide information on their risk to certain non-communicable diseases based on their genomic profile.