Global Entrepreneurial Internship (GEI) immerses student interns in overseas startup companies in 14 cities around the world. Students will experience working in a startup, build their networks early within the startup community and participate in local entrepreneurial development programmes.
In recent years, the Thai government has turbocharged its drive to transform the economy and bolster technological capabilities, with a goal to be ranked in the top 30 of the Global Innovation Index by 2030. Over the years, numerous foreign MNCs and major tech companies have set up shop or invested in the country.
Vietnam is now home to as many as 3000 startups. Ho Chi Minh City (HCMC) is one of two thriving startup cities in Vietnam. The city has a population of 7.5 million people and has played a key role in the regeneration of the country and the economy from the bottom up.
Indonesia is Southeast Asia’s biggest economy and Jakarta is its heart. The city has a population of more than 10 million people and is home to the majority of the country’s startup community. The growth potential in Indonesia is huge as it is now a mobile-first nation, with 75 percent of online purchases made via mobile devices. 50 million new individuals are gaining online access from 2015 to 2020.
The Philippines has the second largest population in Southeast Asia. It’s capital city Manila – reputed to the world’s densest city – is known to be the home of creative and innovative minds. In recent years, the government has taken initiative to improve the state of the startup economy and to encourage entrepreneurial success.
Yogyakarta has become one of the fastest growing entrepreneurial cities in Indonesia. The city is also known as home to universities and a wide array of talent valuable for technology-based startups.
Beijing has a population of 22 million people. It is the capital city of China. In the technology space, Beijing is known as the hub for research and technical development. Top universities in the city attract, train and prepare young talent for various industry clusters. Among Beijing’s yearly 200,000 university graduates, many enter the startup scene, making the city a leading innovation centre.
Hangzhou is home to some of China’s biggest technology companies. The eastern city is the capital of Zhejiang province. It has been called China’s answer to “Silicon Valley” and is home to internet giants such as Alibaba Group Holding, NetEase and Kuaidi Dache. The city’s booming economy is based largely on technology startups, which has made Hangzhou an attractive destination for young graduates and global talent.
Hong Kong is often described as one of Asia’s most dynamic startup ecosystems, with close to 3,000 startups launched. Startups in Hong Kong have access to various sources of funding and accelerators. The landscape for entrepreneurs and investors has been robust and ideal for those looking to launch businesses.
Shanghai has an impressive mix of global corporate innovation, startup co-working and investment hubs. Shanghai has quickly become a centre for technology and greater financial services. By 2020, the Chinese government aims for Shanghai to become an International Financial Center. This has led to various supports for businesses, including tech companies and startups.
Shenzhen’s population has exploded from 1 million people, 30 years ago to 12 million people today. It is a special economic zone backed by a fast growth mentality, easy access to manufacturing hubs and funding from government agencies. More than 90% of the population are not originally from the area. Many professionals in the Shenzhen startup scene bring with them years of experience gathered from working with tech giants in other parts of China.
REST OF THE WORLD
Helsinki’s startup environment is booming. The capital city of Finland plays host to one of the largest startup clusters in the Nordic region
London is known as a hub for startup development. It is the third largest tech hub in the world and a leading hub in Europe, known for its vibrant community.
Silicon Valley is the center for high technology, innovation and social media. It is not home to many of the world’s largest high-tech corporations
Sydney has a population of 4.6 million people. The city is home to a range of startup accelerator and incubators, which have resulted in a rapid expansion of microbusinesses.