Standard Chartered Bank has launched an exclusive Young Entrepreneur Programme (YEP) for the next generation of high-net-worth (HNW) clients in the Priority Private category.
The programme was held over four days in Singapore in early August, bringing together 53 participants of 13 nationalities from eight of the Bank’s important Asian and global markets.
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The YEP focuses on developing early entrepreneurial abilities and is uniquely curated in partnership with INSEAD and SC Ventures, Standard Chartered’s innovation, fintech investing, and ventures arm.
It takes participants on an engaging journey that includes integrating a human-centered design, converting client insights into venture ideas, developing a strong business model, and pitching to an experienced panel of representatives from Standard Chartered Bank, SC Ventures, and INSEAD.
Additionally, it does this by utilising the in-depth knowledge expertise of the senior faculty at INSEAD and the practical hands-on venture creation experience of SC Ventures.
Under the Bank’s Priority Private client category, the YEP is a part of Global Experiences, an invitation-only programme that provides a curated collection of unique experiences carefully selected for HNW clients.
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By GlobalDataThe Global Experiences program offers the Bank’s clients tailored events that impact their lives in a variety of ways, including enhancing their next generation’s education, improving their physical and mental wellness, deepening their knowledge, and enlivening their lifestyle. This is achieved in partnership with industry practitioners and partners.
Moreover, the Global Experiences programme includes its distinctive annual International Golf Series held in the Bank’s key footprint markets, a Global Concierge programme with experiential lifestyle themes imposed via an engaging digital platform, and the Masters’ Series, which provides Priority Private clients with exclusive access to advanced expert speakers on a variety of focused and niche topics.
Ong Lay Choo, global head, affluent segment, Standard Chartered stated: “The Young Entrepreneur Programme reflects our holistic client proposition. Beyond tailoring solutions to meet our high-net-worth clients’ financial goals, we also provide clients with access to unique personal experiences while supporting the development of their next generation.”
