Hong Leong Bank LaunchPad Promotes Sustainability and Innovation

Hong Leong Bank (HLB) is leading the charge in promoting sustainability and innovation through its HLB LaunchPad program. Now in its 6th edition, the program aims to foster a transition to a low-carbon economy by collaborating with impact organizations and startups to develop solutions focused on the circular economy.

This year's theme, 'Circular Economy Solutions for a More Sustainable Tomorrow,' underscores the importance of reducing waste and maximizing resources through practices like reusing, recycling, and regenerating materials. HLB is committed to supporting initiatives that align environmental sustainability with economic viability.

Through HLB LaunchPad, participants are invited to address three key challenge statements: 'Enhancing Green Building & Sustainable Infrastructure Solutions,' 'Reimagining How Goods are Produced for SMEs,' and 'Exploring Innovative Solutions in Waste Management.'

HLB's Group Managing Director and CEO, Kevin Lam, emphasizes the bank's dedication to driving positive change and fostering a culture of sustainability. The bank has a track record of supporting businesses in adopting environmentally-conscious practices, offering guidance to social enterprises and organizing Sustainability Roundtables to educate SME customers on integrating ESG considerations into their operations.

Alice Goh, HLB's Head of Payments, Partnerships and Fintech Ecosystems, highlights the bank's commitment to the circular economy as a solution to resource management challenges. Participants in HLB LaunchPad stand to benefit from mentorship opportunities, cash prizes, access to funding, and the chance to pilot their solutions with HLB.

Entrepreneurs and startups are encouraged to apply for HLB LaunchPad 2024 before 20 May 2024 to gain valuable experience, refine their solutions, and potentially forge long-term partnerships with HLB for commercialization.

HLB's ongoing efforts to drive innovation and sustainability through programs like HLB LaunchPad are crucial steps towards building a more environmentally conscious and economically sustainable future. By supporting initiatives that promote the circular economy and resource efficiency, HLB is paving the way for a greener and more prosperous tomorrow.

For more information and to apply for HLB LaunchPad 2024, visit the official website.