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  • SBF and 5 Strategic Partners Launch Young Business Leaders Alliance to foster support for entrepreneurial spirit and young business leaders

SBF and 5 Strategic Partners Launch Young Business Leaders Alliance to foster support for entrepreneurial spirit and young business leaders

  • SBF brings together five ethnic chambers and organisations to establish the Young Business Leaders Alliance (YBLA) to foster better network support for entrepreneurs
  • The YBLA connects young business leaders to harness partnerships, inspire advancement and enrich individuals through peer-sharing and various activities and programmes.
  • Guest of Honour, Mr Teo Ser Luck, Minister of State, Ministry of Trade and Industry, officiate the launch with Alliance partners during the SME Convention at Global Entrepolis @ Singapore 2013 

28 October 2013 [Singapore] – More than 300 C-level executives and entrepreneurs attended the Singapore Business Federation (SBF) SME Convention 2013 today.

At today’s convention, Guest-of-Honour Minister of State for Trade & Industry Teo Ser Luck launched the Young Business Leaders Alliance (YBLA) to foster better network support for young business leaders. This initiative, led by SBF, brings together five ethnic chambers and organisations to promote entrepreneurial spirit and to provide a common platform for young business leaders to harness partnerships and opportunities.

In his opening address, MOS Teo emphasized the importance of our young businesses and leaders contributing to the vibrancy and dynamism of our local business sector and spearheading future economic development and growth. “Start-ups and young companies have the advantages of being small and adaptable to changes in business environments. They are usually at the frontiers of innovation, technological developments and business ideas. Every company, large and successful ones, started small. It is therefore imperative to invest in our young businesses and leaders.” he said.

Mr Victor Tay, Chief Operating Officer, SBF highlighted, “As the apex business chamber, SBF recognises the value of coordinating one common platform to identify promising young leaders to represent the national and business interests on the local and international front. It is also a convergence point for Singapore’s young business leaders to foster friendships, share experience and dreams with one another. It is often through such peer-learning and mentorship that we avoid pitfalls.”

Encouraged by the objectives of the YBLA, five ethnic chambers and organisations, namely, Business Leaders Alumni Club (BLAC), three respective Young Entrepreneurs Network (YEN) at Singapore Chinese Chamber of Commerce and Industry (SCCCI), Singapore Malay Chamber of Commerce and Industry (SMCCI), Singapore Indian Chamber of Commerce and Industry (SICCI) and a group of 22- individual Young Business Leaders (YBL) pledge to collaborate in various activities and programmes for the young business leaders.

Ms Annie Gan, Chairman of YEN @ SCCCI commented, “We are glad that the YBLA is formed to bring the different young business leaders groups in Singapore together. It allows groups to sustain their unique chemistry; and at the same time enhances the dynamic and partnership opportunities across a diverse network of business leaders and professionals representing a multiplicity of industries and fields.”

Echoing similar sentiments, Mr Nazzi Beck, Chairman of YEN @ SMCCI added, “We hope YBLA, through its coordinated effort, will help to inject vibrancy to our business and social community. Many of our members look forward to opportunities in which we learn from one another to inspire personal development and entrepreneurial spirit towards the greater objective of building a better Singapore for all of us.”

The YBLA is open to interested young business leaders to sign up. It offers a slew of activities such as networking opportunities with local and international young business leaders and mentorship programme. Contact YBLA at 6827 6893/ 6827 6824 and for more information and registration.

The launch of the Young Business Leaders Alliance

The launch of the Young Business Leaders Alliance

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