Project HeHa x Nest Initiative to Invest and Support HK Startups

Project HeHa x Nest Initiative to Invest and Support HK Startups
Comments Off, 25/05/2017, by , in Local Startup News

Project HeHa to invest capital and provide support to startups that deliver happiness and social good globally.

 Applications are open for Project HeHa’s first initiative -The Super Happiness Challenge. The competition is designed to inspire action towards improving happiness for all.

Project HeHa, a worldwide push towards co-creating a happier world, is launching its first initiative from Hong Kong – the ‘Super Happiness Challenge’. The competition has been created to find, invest in and reward top startup companies that are dedicated to promoting happiness in a profitable and sustainable way. The challenge will also encourage and champion social innovators as well as aspiring socially-driven entrepreneurs.

The competition will be delivered in partnership with Asia-based innovation partner and early-stage venture capital firm, Nest, and Singularity University, a Silicon Valley-based global learning and innovation community using exponential technologies to tackle the world’s biggest challenges. Both individuals and startup teams are invited to apply to one of two streams depending on the maturity of their business - the Ideas Track or the Startup Track. Both are designed to support and scale business propositions that can improve the lives of others in a physical, mental, spiritual or socially capacity.

In addition to cash prizes of up to US$35,000, the winner of the Startup Track will receive funding from Happiness Capital, a venture capital firm with a strong social focus. Up to US$1M could be invested in the winning startup.

Join our 7,500+ member startup community

Anybody who has an idea that has the potential to make the world a happier place can use this competition to kickstart their initiatives and turn their idea into reality. Startups who have found a way to build sustainable, scalable businesses whilst positively impacting the lives of their customers can enter for the funding opportunity and as a way to boost their profile. Applications are open now and will close on August 17, 2017.

Following an online application process, the selected finalists will enjoy a 3-day, 2-night trip to San Francisco for the final pitch competition in October at Singularity University.

It is a valuable opportunity for startups and individuals to gain exposure, funding and the potential support from a formidable network via Project HeHa and Happiness Capital.

The incentive behind Project HeHa is outlined by veteran entrepreneur Sammy Lee in the Project HeHa book, published today and available on www.projectheha.com

Lawrence Morgan, CEO of Nest commented, “Today, happiness is often sidelined or forgotten about when it comes to innovation, but there is now a fundamental need to shift the discussion towards sustainability, health and wellness. We are excited to work with Project HeHa to seek and support innovators that could deliver on the difficult task of building a sustainable business that also provides a level of social good to society.”

Sammy Lee, “Chief Invisible Officer” CIO of Project HeHa added, “Although we see technology continually enabling positive change all over the world, happiness and fulfillment has long been a fundamental human need. Since happiness is unique to each individual, we’re building a community to co-create a vast global resource of happiness that will ultimately make the world a happier place.”

Participants can view further details of the challenge and apply online at http://www.superhappinesschallenge.com. Applications close on August 17, 2017.

About Nest

Nest invests in entrepreneurs and builds platforms to support each stage of their journey. We believe our path to achieving positive impact is to fuel the entrepreneurial spirit: empowering startups on their mission to solve big challenges in a profitable and scalable way.

About Project HeHa

Project HeHa is a movement to create a world of Super Happiness – a world in which we can all live in a state of deep, fundamental happiness that is unshakable. A kind of happiness that persists even in times of hardship or misfortune.

At Project HeHa our goal is to help everyone live happier lives – HeHa lives – through specific actions and a global ecosystem.

As an advocate of Super Happiness, we want to practice our philosophy, and help others learn it and pass it on to people everywhere. By helping everyone to develop habits that bring positive change, we hope we can help the whole world to live happier, healthier and more successful lives.

About Singularity University

Singularity University (SU) is a global learning and innovation community using exponential technologies to tackle the world’s biggest challenges and build an abundant future for all. SU’s collaborative platform empowers individuals and organizations across the globe to learn, connect, and innovate breakthrough solutions using accelerating technologies like artificial intelligence, robotics, and digital biology. SU was founded in 2009 by renowned innovators Ray Kurzweil and Peter H. Diamandis and is partnered with leading organizations including SAP, Google, Deloitte, Genentech, and UNICEF.

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