Chivas' The Venture debuts in Malaysia

(from left) Ho Kay Tat Publisher and Group Chief Executive Officer, The Edge Media Group. Freda Liu Producer and Presenter, BFM Radio. Ehon Chan Executive Director of Social Entrepreneurship Malaysian Global Innovation & Creativity Centre (MaGIC). Sebastien Mouquet Managing Director, Pernod Ricard Malaysia

(from left): Ehon Chan Executive Director of Social Entrepreneurship Malaysian Global Innovation & Creativity Centre (MaGIC), Freda Liu Producer and Presenter, BFM Radio, Ho Kay Tat Publisher and Group Chief Executive Officer, The Edge Media Group and Sebastien Mouquet Managing Director, Pernod Ricard Malaysia

(from left): Ho Kay Tat Publisher and Group Chief Executive Officer, The Edge Media Group, Freda Liu Producer and Presenter, BFM Radio, Ehon Chan Executive Director of Social Entrepreneurship Malaysian Global Innovation & Creativity Centre (MaGIC) and Sebastien Mouquet Managing Director, Pernod Ricard Malaysia

(from left): Ho Kay Tat Publisher and Group Chief Executive Officer, The Edge Media Group, Freda Liu Producer and Presenter, BFM Radio, Ehon Chan Executive Director of Social Entrepreneurship Malaysian Global Innovation & Creativity Centre (MaGIC) and Sebastien Mouquet Managing Director, Pernod Ricard Malaysia

Sebastien Mouquet Managing Director, Pernod Ricard Malaysia

(from left): Ho Kay Tat Publisher and Group Chief Executive Officer, The Edge Media Group, Freda Liu Producer and Presenter, BFM Radio, Ehon Chan Executive Director of Social Entrepreneurship Malaysian Global Innovation & Creativity Centre (MaGIC) and Sebastien Mouquet Managing Director, Pernod Ricard Malaysia

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KUALA LUMPUR (Sept 8): The Venture, a global startup competition with over US$1 million (RM4 million) in funding and resources is launched for the first time in Malaysia by Chivas Regal today.

The Venture is Chivas' global search to find and support startups that have the passion to succeed while providing solutions to social problems. The competition is in its third year, with over 3,500 social enterprises vying for the grand prize.

Pernod-Ricard Malaysia managing director Sebastian Mouquet said The Venture offers the opportunity for exposure to new startups in terms of leadership, mentoring as well as better networking opportunities.

The Venture is open to any for-profit startup that creates both financial value and a positive impact on the lives of others. In Malaysia, the jury chairman is Ehon Chan while the jury members are Ho Kay Tat, Freda Liu and Sebastian Monique.

Chan is the executive director of social entrepreneurship of the Malaysian Global Innovation & Creativity Centre, better known as MaGic. Ho is the publisher and group chief executive officer of The Edge Media Group while Liu is the producer and presenter in the Enterprise Show for BFM89.9 radio channel.

Chan encouraged anyone who is passionate about social enterprise to step up and take the opportunity to participate in the competition while Liu shared about the opportunity for startups to gain exposure through the networking and experience in the competition.

Ho told the crowd during the launch of the event that it is important for social enterprise to look for a sustainable business model and this will be crucial in keeping dreams alive and making an impact on society.

The Malaysian application process for the competition opens on Sept 20, 2016. Only the most promising from each of the participating 32 countries in six continents will be selected as global finalists for a chance to compete for the share of the funding, take part in The Venture's Accelerator Week programme at the Skoll Centre for Social Entrepreneurship at University of Oxford's Said Business School and travel to the US for Chivas' The Venture final event in July 2017.

For more information, kindly go to www.theventure.com