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The Launch of ACE NextGen

A New Generation Blazing A Path Towards Entrepreneurship

6/20/15

From left:  Chak Fu Lam, Charles H. Shian and Ian So, three co-founders of ACE NextGen

The ACE NextGen Foundation was launched on the evening of June 17th at Osaka, a Japanese sushi restaurant in Brookline MA.  More than thirty young entrepreneurs attended the launch event to network and exchange innovative business ideas. Boston is the premiere hub for startups in the east coast thus it makes to headquarter in Downtown Boston. 

The three co-founders including Charles Shian, Ian So, and Chak Fu Lam, have all founded their own businesses before coming together to form ACE NextGen.  The trio met at the National Association of Asian American Professionals (NAAAP) Boston Chapter. After founding the organization’s Entrepreneurship Committee in the summer of 2012 and presiding over the group for more than three years, it was time for them to strike out on their own and thus the Committee spun off into a full fledge non-profit in the summer of 2015, with the core mission and focus of promoting entrepreneurial mindsets among Asians in the U.S. in order to elevate their professional success.

In the ACE NextGen mission statement, the founders pointed out that there were hardly any Asian presence in the American leadership structure.  Although Asians account for 5.6% of the total population in the U.S., less than 2% occupy leadership positions in politics, business, medicine, academia or even entrepreneurship.  Just as Eddie Huang (whose unofficial autobiography was adapted into a TV drama series “Fresh off the Boat”) once commented, “people may not realize that the stereotype of being the model minority is in fact a negative one.”  People are actually categorized negatively.  Only by challenging the negativity associated with ethnic label can young Asians find their own path towards advancement. 

The three co-founders hope to help break those stereotypes about Asians, give support to the Boston Asian community, and provide a united voice through their philanthropic activities such as education and mentoring those in need; thus connecting creativity and passion through entrepreneurship. Their ultimate long-term goal is to advance the overall status of the Asian community in America.