1) Society3 & World Innovations Forum Merging
Leveraging existing ecosystem and technology platform
The World Innovations Forum is merging with Society3 and brings a global innovation and entrepreneurship event to Society3’s engagement in this space. The existing Society3 Eco-System of approximately 6,000 entrepreneurs and investors will become the immediate base also for the Forum. The existing Society3 Platform will be extended to accommodate the needs of the combined organization. The Society3 Accelerator will be made available globally to all ambassadors and their ecosystems and introduced in all 25 countries and the new countries to come.
2) Eco-System building start in Asia
Visiting 7 key Asian countries in March this year
As part of our community building focus, we will be visiting our key Ambassadors in China, Japan, Malaysia, Nepal, Singapore, South Korea and Taiwan. Together with them we will organize a local event, meet local startups, investors and enabler, as well as potential sponsors.
3) Blockchain & Crypto Currency
Creating a blockchain system to empower startups conduct international business at lowest possible cost
Blockchain and crypto currencies are here to stay. I didn’t quite see that when I was confronted with Bitcoin in 2009 for the first time, but now, almost 10 years later it is very clear to me that it will have a major impact and its place in our world. We already had some ideas to use a blockchain inside Society3 to accelerate international trade for startups. When starting to go global it is not only the challenge to develop connections, establish a presence and start with local engagement but almost more so it is hard to overcome the issues of trust, transaction cost at small volume, letter of credits, trade financing and more. A Blockchain is not only a fun tool but may be the only way to significantly reduce cost and accelerate trade for startups like it was never possible before. And on top of all that we start to alleviating one of the biggest roadblocks for crypto currency acceptance: lack of trading physical values rather than just speculation. Imagine when 5,000 startups become merchants. This would be 50 times as many merchants than we have today in the Bitcoin eco-system.
4) World Innovations Forum
The annual event about global innovation & entrepreneurship acceleration
Ambassadors had spoken and we decided to organize the World Innovations Forum in 2018. We are adjusting the event content and give entrepreneurs access to technology circles like best practices to start or grow AI, Blockchain, mobile or other technology related businesses or on the business side techniques to come to a disruptive business model, get financing, building up valuations and so forth. Investors will be able to join investor circle meetings discussing topics like due diligence practices, investment strategies, exit models and others for investors, Accelerator content, community building, mentorship requirements and similar content for the enabler community, and so forth.
We will verify the new event concept with startups, investor groups and ambassadors and finalize our event strategy in the next few weeks. There is a good chance that we will hold the event in the EWL Selnau (former power plant) in Zürich. It would help drive down the overall cost and is more convenient for the attendees who mostly will fly into Zürich. We estimate 200 people from roughly 20 countries to join us. See also WIForum.com
5) Local Society3 Entrepreneurs Nights
The local startup competitions of the World Innovations Forum as well as the Startup Nights from Society 3 will continue as Society3 Entrepreneurs Nights. With the experience of over 100 events in Europe and the US, all WIForum Ambassadors will benefit from merging the brands and have it easier to conduct their local events.
The joint organization results in one of the most active global innovation support organizations.