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Virtual Office Singapore Participate In Annual BlueSky Carnival Organized By Action Community for Entrepreneurship On 16 & 17 July 2005, Virtual Office Singapore will be exhibiting its virtual office solutions during the ACE’s BlueSky Carnival (website: http://www.ace.org.sg/AceSpecial/index.asp?ID=12).

Virtual Office Singapore booth can be found at P28, which is near the performing stage. A team of virtual office specialists will be there to guide the visitors and answer any questions pertaining to our virtual office services, such as registered address, mail alerting & forwarding, phone and fax services and meeting facilities. We will also be showcasing new virtual office technologies and services, including our latest investment in Cisco Systems IP PBX solutions for our call center service.

During the Carnival, first 500 visitors that sign up for our trial packages will be able to redeem a special corporate gift (a Carnival Special Only).

This public event will allows enterprising people and students to "Go Further", and will have a Formula One racing theme to depict that start-up businesses can go on the fast lane, if you have the right environment and platform. More than 80 exhibitors and performers will be there to showcase their wares, inventions and business ideas, under the "Created in Singapore" banner. The hall will be opened at 11.00 am and will end at 6.00 pm.

For details on our virtual office services, please visit - http://www.virtualoffice.com.sg

Profile of Virtual Office Singapore:

Virtual Office Singapore is Singapore’s leading virtual office provider with nearly 1,000 clients worldwide. Virtual Office Singapore, a brand of Pacific Centennial Group, was developed to help local startups and foreign companies to establish their business presenece in Singapore in a cost-effective and risk-free manner. For more corporate information, please visit our website - http://www.virtualoffice.com.sg or http://www.pacificcentennial.com

Profile of ACE and BlueSky Festival:

About ACE and the BlueSky Festival 2005
The Action Community for Entrepreneurship (ACE) was formed in 2003. It is a movement that involves both the private and public sectors to create a more entrepreneurial environment in Singapore. ACE seeks to be a change agent in building a more pro-enterprise environment through the facilitation of discussion, debate and recommendations on the regulatory framework; changing culture and mindset; improving access to finance and facilitating networking.

ACE is chaired by Dr Vivian Balakrishnan, who is the Minister in charge of entrepreneurship. Dr Vivian Balakrishnan is also Minister for Community Development, Youth and Sports and 2nd Minister for Trade and Industry.

The inaugural BlueSky Festival held last year was a resounding success with participation from all levels of enterprise. Continuing its effort in the catalyzing and cascading the entrepreneurship movement, ACE together with its partner agencies is organizing the next BlueSky Festival in July 2005 to celebrate and showcase the spirit of entrepreneurship.

What Awaits You at the Festival
The programme line-up for this year’s Festival will span 4 days from 14 to 17 July 2005. As follows:

Programme Highlights:

Day 1: Thursday, 14 July 2005, 8.30 am to 5.30 pm
BlueSky Finance Forum – Raffles City Convention Centre
An opportunity for startups and SMEs to discuss strategic issues on entrepreneurship with a panel of private and private sector leaders; find out more about financing options and management available, and for finance-related organizations to showcase their products and services. Some 500 start ups and SMEs will be participating in the event.

The highlight of the programme is a plenary forum chaired by Dr Vivian Balakrishnan, Minister for Community Development, Youth and Sports and 2nd Minister for Trade and Industry. The distinguished panel comprises Mr Kwek Leng Beng, Executive Chairman, Hong Leong Group, Mr Terence Swee, Founder and Chief Opportunities Officer, muvee Technologies Pte Ltd and the session will be moderated by Mr Patrick Daniel, Managing Editor, English and Malay Division, Singapore Press Holding.

Centered around the topic : “Entrepreneurship in Singapore: Built to Last??”, the plenary forum hopes to uncover the drivers for entrepreneurship; discuss the influence of the public sector in fostering entrepreneurship in Asia and the West; study the Singapore experience thus far, and explore the road ahead.

In the afternoon, breakout sessions, business clinic sessions and investment forums will be held. In addition, an exhibition will be held where some 15 booths comprising financial institutions and professional service providers will showcase their offerings to SMEs and start-ups.

The Guest of Honour for the event is Mr Lim Hng Khiang, Minister for Trade and Industry.

Day 2: Friday, 15 July 2005, 6.30 pm to 10.00 pm
BlueSky Evening – Emerald Hall, Sentosa
An informal evening of dinner and networking for entrepreneurs in Singapore. It is also an occasion to thank ACE partners for working hand in hand with ACE to promote entrepreneurship in Singapore. It will be an evening where some 500 entrepreneurs and start-ups, professionals and government officers can network, learn from and share with each other their experiences and ideas in a relaxed and exhilarating setting that embraces the sand, sea and open skies.

The Guest of Honour for the evening is Mr Raymond Lim, 2nd Minister for Finance. Dr Vivian Balakrishnan, Minister for Community Development, Youth and Sports and 2nd Minister for Trade and Industry and Chairman of ACE will host the BlueSky Evening.

Days 3 & 4: Saturday & Sunday, 16-17 July 2005, 11 am to 6.30 pm
BlueSky Carnival - Suntec Hall 404
The Carnival is the culmination of the BlueSky Festival and is targeted at the community at large. Hence, the focus is on bringing out the fun, learning, networking and adventure traits of entrepreneurship in the Carnival. We want participants – exhibitors, entrepreneurs and the general public – to experience first hand the strong entrepreneurial spirit in the community and perhaps even be motivated to be part of it.

There are 5 main segments to the Carnival:

1. Entrepreneurs’ Platform
This will be the heart of the buzz at the Carnival. This will be where entrepreneurs will test out the possible commercialization of their products and services and put their entrepreneurial skills to work for them. Budding entrepreneurs, student businesses and start ups will be the key participants at this platform.

2. Social Enterprise
This is where we profile a different breed of entrepreneurs – Social entrepreneurs. They entrepreneurs who combine the passion of a social mission with business oriented discipline and innovation. Giving back to society is their ultimate goal. We want to create awareness on such social enterprise efforts – business with a heart.

3. Created in Singapore Showcase
This will be the showcase of ideas, innovations and inventions that are created in Singapore, with a global potential. We want to bring across the message that creativity is indeed very much alive in Singapore.

4. Clinic Sessions
With the positioning of the Carnival as a testing ground for new entrepreneurs, a clinic session would be made available to counsel them on their business plans or issues. This would be in the form of pre-registered one-to-one sessions and will be conducted at the Carnival itself.

5. Entertainment
Throughout the two days, there will be a running line-up of interesting activities to involve the public and let them experience the true spirit of entrepreneurship.

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