It’s a S$10 million program with enhanced support to help businesses new to corporate venture building incubate and launch new ventures here in Singapore within a six-month period, from ideation to market validation. We also just launched the Corporate Venture Launchpad. We offer various types of support for our portfolio companies, including venture building, co-investments, added value creation, and various community-building efforts to get all of the corporates and ventures here interacting and partnering with each other. To be successful, we need to build new businesses that stand apart from the corporate mothership, agile and running autonomously but able to tap the corporate parents’ advantages to scale. It was set up about two years ago as the EDB’s corporate venture-building arm to help corporates grow new businesses and catalyze greater growth here in Singapore.Īt New Ventures, we believe that corporate venturing should be a tool in every corporate’s innovation and growth toolbox. First of all, for those in our audience who may not be familiar, can you quickly introduce the New Ventures group and the recent announcement of the Corporate Venture Launchpad?Īlvin Cai: The EDB is the economic-planning and industry-development body of Singapore, and within the EDB is the New Ventures group that I’m with, which is relatively new. At the end of the conversation, Yishan Lam and I discuss the key role that Alvin and the CV Launchpad are playing in Singapore pioneering the space to support corporate venture building, which can be applied for creating long-term growth and successful ventures in the market. We also discuss how the EDB is helping businesses kick-start new ventures-from ideation to market validation-in six months. You’ll hear Alvin tell us about his group’s new Corporate Venture (CV) Launchpad, a S$10 million pilot program designed to help corporates build Singapore-based start-ups by partnering with established venture studios, and why he believes success depends on agility and autonomy from the mothership. In this episode, we talk with Alvin Cai, vice president of New Ventures, the corporate business-building arm of Singapore’s Economic Development Board (EDB). In each episode, we cut through the noise to bring practical advice on how leaders can build successful businesses from scratch. For more conversations on venture building, subscribe to the series on Apple Podcasts or Spotify.Īndrew Roth: From Leap by McKinsey, our business-building practice, I’m Andrew Roth, and welcome to The Venture, a series featuring conversations with legendary venture builders in Asia about how to design, launch, and scale new businesses. At the close of the interview, McKinsey’s Yishan Lam offers her insights.Īn edited transcript of the podcast follows. Cai talks with McKinsey’s Andrew Roth about his group’s new Corporate Venture Launchpad, a S$10 million pilot program designed to help corporates build Singapore-based start-ups by partnering with established venture studios, and why he believes success depends on agility and autonomy from the mothership. These scenes support transformations, such as breast size changes or even changing genitals, specifically for those that enjoy futa content The game uses Spine mesh animation (as opposed to the typical Adobe Flash animation) which allows for smoother and more optimized animations.In this episode of The Venture, we share a conversation with Alvin Cai, vice president of New Ventures, the corporate business-building arm of Singapore’s Economic Development Board. ![]() Upon romancing characters (or meeting up for a quickie in a shady back-alley), you'll gain access to dynamic animated sex scenes. A great effort is spent making entertaining gameplay systems, and an interesting story to experience. Although the game has erotic elements, this is not the core experience. As the player, you must hire adventurers to loot dungeons for wares to sell, perform quests/jobs for private clients and manage your on-board prostitution racket.Ĭross the ocean channels between the scattered islands of Miloria and meet many interesting characters across diverse climates, managing your ship morale and resources on every journey. You are the captain of Venture Seas, a trade ship that you must work to keep afloat. The story will be largely driven by player decisions, with each story and conversation scene presented as a dynamic Visual Novel. Venture Seas is an erotic adventure game with a player driven story, unique gameplay systems and plenty of adult content.
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