Day: 29 May 2018

Following the meeting of MonacoTech’s third Selection Jury, the start-up programme created by the Monaco State with Monaco Telecom and Xavier Niel, seven candidates have been selected to join the incubator programme.

These are: O’Sol, which makes solar energy accessible to mobile or emergency applications with generators that deploy their panels and follow the sun automatically (and can be installed and uninstalled in less than a minute); Black River which creates underwater vehicles that can operate independently, but also carry a pilot and a passenger. Their flagship product, the BR1000, is inspired by the anatomy of the tuna and the traditional propeller has been replaced by a fin, giving it greater speed.

Also selected are URBANLab, which offers solutions for pedestrian flow simulations that reposition human beings at the centre of concerns, particularly in terms of travel and security; Classic & Electric which converts vintage cars to electric propulsion, totally preserving their original characteristics thanks to a 100% reversible process; iDruide which offers an innovative solution developed for the world of education: a tablet with a detachable keyboard (operating system and software adapted), given to each student and teacher and usable both in the classroom and at home; SKYdeals, which allows travellers to benefit during the duration of their flight from private sales through their smartphone; Orbital Solutions, which develops low-Earth orbit (500km) nanosatellites (1 to 10 kg), to “democratize” the use of space and make possible a large dissemination of applications, such as environmental studies, earth observation, IoT, and so on.

The jury was composed of Cyril Guenoun, Cofounder of Aglaé Ventures; Robin Rivaton, President and founder of Real Estech; François-Xavier Leclerc, Head of the Financing and Economic Development Division; Patricia Niego, Founder of Beaunies Invest/Member of the Women Business Angels; Aurélie Lavaud, Cofounder of bimBamJob; André Saint-Mleux, Business Angel and State Administrator RMC and Monaco Telecom; Frank Julien, National Councillor; and Henriëtte van Niekerk, Director at Clarksons Platou.

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Pierre Bardy has been appointed Rapporteur of the Draft Law 238, filed on May 15, by the 21 elected representatives of the majority group on the National Council, concerning the use of state-owned housing for a private business.

The draft enables Monegasques to register a professional activity in residential premises owned by the state, at no cost.

The purpose of the proposed law is to enable Monegasque entrepreneurs to conduct their businesses while overcoming the formidable obstacles presented by the shortage of office space and its high cost in the Principality.

Pierre Bardy will report back to the National Council on the proceedings of the meetings of the Finance and National Economy Commission, chaired by Balthazar Seydoux.

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From Tuesday, June 5, at the same time as the Boulevard des Moulins bus corridor will be tested to improve traffic flow in this area and to reduce travel times for lines 1 and 4, the Compagnie des Autobus de Monaco (CAM) will adjust the schedules of several other lines.

The goal is to maintain the average frequency at 10 minutes on the main bus routes (1,2,4,6) while also better serving commuters in the morning and afternoon. Meanwhile, the night service will be split into two routes in order to provide a much-improved service for users.

Night Line 1 will run from Fontvieille to Larvotto and Saint Roman, which is a mix of lines 1 and 6 operating during the day. Night Line 2 will run from the Jardin Exotique on a North-South route, which is strictly the same as Line 2 during the day.

These two lines will operate with a frequency of 35 minutes. The schedules have been designed so that the buses arrive at the same time at the stops Princesse Antoinette and Monte-Carlo to ensure a smooth connection for travellers.

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On Tuesday, May 29, Marie-Catherine Caruso-Ravera, Monaco’s Director of Diplomatic and Consular Relations, received, at a luncheon at the Hermitage Hotel, HE Modupe E. Irele, Ambassador Extraordinary and Plenipotentiary of Nigeria; HE Filip Vucak, Ambassador Extraordinary and Plenipotentiary of the Republic of Croatia; HE Thiep Nguyen, Ambassador Extraordinary and Plenipotentiary of the Socialist Republic of Vietnam and HE Buddhi K. Athauda, Ambassador Extraordinary and Plenipotentiary of Sri Lanka, who in the morning had presented their credentials to the Sovereign Prince.

After obtaining a degree in education, Ms Modupe E. Irele joined State College Pennsylvania in 2001 where she held positions of Programme Director and Special Assistant to the Executive Director of the World Campus. Founder and Lead Consultant in Key Learning Solutions, she directs the programmes for the professional development qualifications of the Cambridge International Examinations under the British Council. She is also the author of many books on education.

HE Filip Vucak joined the Ministry of Foreign Affairs in 1992. He was appointed Minister-Counsellor in 1995, then Minister Plenipotentiary at the Croatian Embassy in Paris. He held the post of Ambassador of Croatia to Spain, to the Holy See and the Order of Malta. Director of Cabinet and Senior Advisor to the Deputy Prime Minister in 2016, he was promoted Special Advisor to the Deputy Prime Minister and Minister of Foreign and European Affairs in 2017.

HE Thiep Nguyen rose through the ranks of the Ministry of Foreign Affairs where he became Deputy Director. In 2002, he was appointed Counsellor at the Permanent Mission of Vietnam to the United Nations in Geneva. In 2007, he returned to the MAE as Deputy Director in the Department of Europe II. Ambassador of Vietnam to Austria in 2011, the President of the Republic gave him the title of Ambassador of the Socialist Republic of Vietnam. From 2014, he held the position of Director of Information Security at the Ministry of Foreign Affairs.

Specialising in Business Administration, HE Buddhi K. Athauda has held the position of President and CEO of import-export and e-commerce companies in the United States. Vice-President at Aelix Inc, he was responsible for business development in Asia and the Middle East and then joined the US company Iridium as Regional Manager for Asia. Appointed Ambassador of Sri Lanka to the Netherlands in 2011, he helped promote bilateral relations in the field of finance and trade between the two countries.

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The Junior Economic Chamber of Monaco (JCEM) invites those interested in blockchain to its second breakfast conference in 2018 on Friday, June 15. This is an exciting theme and more than ever at the heart of the news, JCEM says, adding the networking event will start at 8:15 am in the Salon Bellevue of the Café de Paris.

One of the speakers will be Vidal Chriqui, who will address the topic: “Blockchain: the new economic revolution?” He has been active in the blockchain business for more than six years and is the blockchain expert for Syntec Numérique, the leading French syndicate of professionals in the digital industry, with more than 1,800 members.

After a career at CapGemini, Orange, SAP and HiMedia, Mr Chriqui holds the position of Blockchain advisor in various organisations and takes part in many discussions. A graduate of the Ecole des Mines de Paris, he is also the inventor of BRC-808, an online reservation protocol using blockchain.

The second speaker will be Pierre Paperon, whose talk is entitled “How the Blockchain upsets the foundations of capitalism.” Mr Paperon is the co-founder of SOLID, a company supporting companies wishing to issue virtual exchange instruments (ICO). After passing through Euro RSCG and McKinsey, Mr Paperon began a career as an entrepreneur and business leader in the computer and digital services industry (founder of Operandi, president of AltaVista).

He then joined Danone where he led the Internet division, then LastMinute.com and finally Cloudwatt (Orange) where he held management positions. He co-founded SOLID in 2014 and supports companies wishing to develop market and exchange places in the fields of culture, solidarity, retail, and ecology.

Mr Paperon is a graduate of the National School of Arts and Trades and the MBA of HEC Paris.

Registration is required before June 13, and the cost of attendance is €27, with a reduced rate of €18 for JCEM members. For more info, see: https://jcemonaco.mc/fr/blockchain-la-nouvelle-revolution-economique/

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