July 15, 2010

Red Herrings Awards In Asia - An Important Event To Watch

Asia is generally perceived as a tough ground for Technology startups as there are many barriers for the entrepreneurs and often they complain about slow returns. But analysts say that Asian tech startups are still worthwhile investments.

Red Herring Inc. is a media company since 1993 "whose mission is to cover innovation, technology, financing and entrepreneurial activity." It is based in San Mateo, California. For over a decade technology industry executives, investors, and strategists have valued the Red Herring 100 lists as an instrument for discovering and advocating the most promising private ventures from around the world.

Red Herring has been organizing Tech Startup awards since long and this year they are again organizing the Red Herring 100 Asia awards which will highlight the exciting startups in Asia.

Chip Huyen from Vietnam writes:

I’ve heard of Red Herring for quite a while, both good and bad things. Though I wouldn’t say that it’s the most prestigious award in the field, nor try to compare it with Tech Crunch Award, I think it’s a great exposure for local start-ups to be in the list. The award event is also a precious opportunity for ambitious young entrepreneurs to meet, exchange ideas and find partnership opportunities with other entrepreneurs, venture capitalists as well as other big names in the region. As stated on their website, “Red Herring 100 Asia will bring together 300 C-level technology entrepreneurs, corporate strategists, and venture financiers from across the continent.”

The last date of submission was June 30, 2010. However they have contacted me to provide some tips about some upcoming startups from South Asia. I have sent them contact details of few startups from Bangladesh and India.There are some interesting startups like Leevio which needs Venture capitals to go on a big scale.

From Young Upstarts:

On August 10th to 12th, around 300 C-level technology entrepreneurs, venture capitalists and corporate strategists from all around the world will gather in Hong Kong to celebrate the accomplishments of Asian technology companies and entrepreneurs in the past year at the leading technology event organized by Red Herring.

The conference will also highlight some of the latest, exciting cutting-edge Asian technology startups, who will be carefully selected by Red Herring‘s vaunted editorial team. The agenda, over three days, will be comprehensive: exploring the market’s appreciation of innovation as a fast-track to success, discovering how Asian firms are leading the charge in many tech sectors, as well as discussing the drivers for successful entrepreneurship in Asia, and demonstrating how innovation is creating business opportunities for challengers and incumbents alike.

If you’re interested to be an attendee, you can register for the event here.
I hope we will see many interesting ideas and exciting startups from Asia highlighted this year.


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