Current batch of TAP Analysts (L to R): Evan Loh, Shi Ying Wong, Marcus Tay, Zheng Sheng Vong, Kent Loi

As part of investing in the next generation and building a thriving startup ecosystem, South-east Asian-focused VC TRIVE has officially launched the TRIVE Analyst Programme (TAP).

Open only to Singaporean undergraduates from local tertiary institutions, TAP is an immersive and holistic 6-month full-time program allowing undergraduates to attain first-hand experience in the VC industry. Undergraduates are required to take a leave of absence from their studies.

At TAP, up to 10 interns per cohort will undertake the role of VC Analyst and pledge to raise 50 startups over 12 months via the administration of Startup SG Founders co-investment Grant.

Managing Partner Christopher Quek says, “Entrepreneurial fervour is crucial in helping our city-state stay ahead of challenging times, and TRIVE aims to spur forth the spirit of entrepreneurship in Singapore. Singapore also needs a new generation of VCs, to help spur and grow entrepreneurs. TAP is part of TRIVE’s pay-it-forward initiatives to build Singapore into an innovation driven economy and bustling business hub.”

VC Analysts are granted a great deal of autonomy in sourcing, evaluating and assessing startups qualifying for the Startup SG Founders Grant. After the grant is approved, they are expected to handle portfolio management and assist the startups to the next funding stage.

To ensure that VC Analysts are well-equipped with VC skills, they will undergo various training sessions taught by the Partners of the firm. They will also be involved in various VC projects given by TRIVE’s Partners and support TRIVE’s portfolio companies in their growth.

VC Analysts also take charge of the TRIVE community initiatives, where they get involved in connecting startups with the NEXT50.sg mentors and partners through networking events and overseas immersion trips.

Louis Lee, a Venture Analyst who has been through the programme and continues to work at TRIVE today, shares his experience: “The internship was a life-changing experience. The opportunities I was given during this program allowed me to take responsibility for major decisions. It’s more than an internship, and I feel that I am ready to take the next step in the VC industry.”

TAP is open for the Jan-Jul 2019 intake.