249: Kineret Karin, Growing a Social Impact Accelerator

249: Kineret Karin, Growing a Social Impact Accelerator

 

Podcast highlights:

  • [22:55] Kineret Karin's thoughts on the growth of accelerator companies and the startup accelerator model in Singapore
  • [28:25] The challenge of identifying the right startups and Kineret's strategy to overcome this
  • [34:12] The double bottom line - measuring the economics of na ImpacTech startup involves measuring the social impact created and the associated financial model associated

Podcast notes:

  • [00:05] Welcome Kineret Karin to Asia Tech Podcast Stories, hosted by Graham D Brown
  • [01:11] Kineret talks about ImpacTech, a Singapore based accelerator focused on startups that create a positive impact on the environment and the society
  • [02:02] How ImpacTech has grown and evolved since Kineret's last appearance on the show in August last year
  • [06:03] Are corporate accelerators the future? ImpacTech's collaborations with large coorporations like Shell and Singtel
  • [08:23] Kineret shares the process behind ImpacTech's work with Shell
  • [11:53] The first five start ups selected for the ImpacTech program with Shell - hydrogen batteries for electric scooters, smart meters for utilities, wireless charging for busses and cars, more cost effective solar panels, smart tent for the homeless and energy panels for different weathers
  • [14:42] The learning curve working with engineering startups - Kineret's background is in the service industry
  • [17:25] Shell's commitments to startups in this batch
  • [19:07] Why are large corporates like Shell investing resources into startups? What is in it for them?
  • [20:51] Are large corporates genuinely helping startups or just doing it for PR purposes? How can you tell?
  • [22:55] Kineret's thoughts on the growth of accelerator companies and the startup accelerator model in Singapore
  • [27:18] Singtel and ImpacTech's start up accelerator program "Future Makers" and what it involves
  • [28:25] The challenge of identifying the right startups and Kineret's strategy to overcome this
  • [30:47] The commitments between startups and Singtel for startups in the 4 month "Future Makers" program
  • [32:30] Kineret's secret methods of distinguishing a good startup from the rest
  • [34:12] The double bottom line - measuring the economics of na ImpacTech startup involves measuring the social impact created and the associated financial model associated
  • [35:14] How does Kineret measure the potential social impact of a startup?
  • [36:56] Kineret shares future plans for ImpacTech including expansions to Thailand, Hong Kong and Japan
  • [40:16] What kind of start ups is ImpacTech interested in?
  • [42:10] When would it be the best time for a start up to contact accelerator companies like ImpacTech?
  • [44:29] Get in touch with Kineret through her LinkedIn or website>