HOW CAN TECH FORWARD INNOVATIONS CHANGE THE FUTURE OF ASEAN?

ABOUT

ASEAN Impact Challenge is a regional programme to discover innovators and entrepreneurs from Southeast Asia who are accelerating the achievement of the Sustainable Development Goals through cross-sector partnerships and scaling disruptive innovations.

TECH FORWARD : INNOVATIONS FOR A DIGITAL ECONOMY

The world is in the midst of a digital transformation, with 40% of the world population now connected to networks, up from 4% in 1995. In Southeast Asia too, the uptake of digital technologies has grown rapidly.

Digital transformation can help in changing the development paradigm towards growth driven less on the demand side by exports and more on the supply side by productivity increases, enabling countries to “move up the value-chain”. Moreover, it can help in addressing policy challenges such as the meeting of future energy, food and water needs, or improving the delivery of health and education services.

The Fourth Industrial Revolution has the potential to raise global income levels and improve the quality of life for populations around the world. Technology has made possible new products and services that increase the efficiency and pleasure of our personal lives. Ordering a cab, booking a flight, buying a product, making a payment, listening to music, watching a film, or playing a game—any of these can now be done remotely.

This year’s challenge is themed ‘Tech Forward: Innovations for a Digital Economy’ and hopes to discover innovations from the citizen and private sectors that are contributing to the digital economy transformation in the region through the power of entrepreneurship and collaboration.

Excerpt taken and edited from www.oecd.org and www.weforum.org

ASEAN IMPACT CHALLENGE AND THE SUSTAINABLE DEVELOPMENT GOALS

The Sustainable Development Goals were established by the United Nations to end poverty, protect the planet, and ensure prosperity for all as part of a new sustainable development agenda. 

To ensure a holistic approach towards creating impact, the ASEAN Impact Challenge was designed to align with the Global Goals. Participating teams are encouraged to form their innovations to address at least one of the 17 Goals.

ASEAN Impact Challenge is a wonderful way for agencies like us to learn about social innovation designs and approaches on the ground, and for youth and social innovators to collaborate with like-minded change-makers from the various ASEAN countries, to tackle sustainable development challenges together.
Nan Li-Collins
Asia Pacific Lead, UNDP-UN Social Impact Fund
We were pleased to see the application of so much human potential from all the initiatives presented. The Challenge demonstrates the power of creating impact through social innovation across different disciplines, with the integration of technology.
Adanna Shallowe
Global Manager, RSA

ABOUT IMPACT HUB KUALA LUMPUR

Impact Hubs are where change goes to work. Part innovation lab, part business incubator and part community centre, we offer our members a uniques ecosystem of resources, inspiration and collaboration opportunities to grow impact. We believe a better world evolves through the combined accomplishments of creative, committed and compassionate individuals focused on a common purpose. With a global footprint of 105 cities, and 20,000 members in 60 countries, Impact Hubs are uniquely positioned to help entrepreneurs scale to markets globally.
 
Impact Hub KL’s mission is to catalyse and drive innovation through collective impact. By working with ecosystem supporters in every country in Southeast Asia who each share our mission, we hope to catalyse a movement of global innovators who will impact the future of business, the future of work and the future of cities.
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  • aic@aseanimpactchallenge.org