Intraix takes runner-up at Canon Young Entrepreneurs Award.

Introduced in 2010 by Canon, the goal of the ‘Think Big, Think Canon’ campaign is to reach out to entrepreneurs, particularly in the Small and Medium Enterprise segment (SME). In addition to advancing businesses with cutting-edge Canon innovations, Canon aspires to go beyond technology and empower entrepreneurs to take their business from start-up to success.

The YEA, jointly organised by Canon and MediaCorp, is designed to help budding entrepreneurs between the ages of 18 to 40 turn their start-up idea into a real business with cash and technological solutions, courtesy of Canon.

1st Runner-Up
Bryan Lee & Darrell Zhang

Bryan and Darrell’s business idea tackles a real world problem that is all too familiar to homeowners or business owners ・the need to minimise energy costs. Called Intraix, their low-cost energy management system provides an alternative to current energy solutions that may prove too costly and impractical to implement.

By taking their idea to the YEA, the team obtained useful advice and validation from renowned entrepreneurs such as Ms. Elim Chew (President and Founder, 77th Street), Dr. Low Lee Yong (CEO and Founder, MHC Asia Group), Ms. Goh Yiping (Co-Founder, AllDealsAsia.com) and Mr. Michel Birnbaum (Partner, iGlobe Partners) who made up the panel of judges for the contest.

Sharing with us their experience, Darrell said, “It was a great taking part in the YEA; the panel was firm and very engaging. In fact, they provided good feedback and helped refine our business and revenue model for the company.”

The $3,000 prize money and $6,000 in Canon business products are sure to come in handy for the team as well.

“The prize money will be channelled into the development of the Intraix solution and the sponsored products will help in the operations of the company. At the same time, the win also raised the profile of Intraix, which is beneficial for the company at this early stage,” Darrell commented.

 

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