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The Lee Kuan Yew Global Business Plan Team Competition (Win $1,000,000 worth of prizes) Open Students At All Levels & University Dropouts

The Lee Kuan Yew Global Business Plan Competition invites the brightest minds from the world’s most entrepreneurial universities to come together to address the challenges of the 21st century and reimagine the future.

The Lee Kuan Yew Global Business Plan Competition (LKYGBPC) derives its name from Singapore’s founding Prime Minister, who developed the country’s defining business plan bringing Singapore onto the global stage. It is this spirit of entrepreneurship, innovation and ambition that the competition enshrines.

The LKYGBPC offers a unique platform for the upcoming generation of global innovators and entrepreneurs to reimagine cities into smart, sustainable and resilient communities.

Organised by the Institute of Innovation and Entrepreneurship (IIE) at SMU, the 10th Lee Kuan Yew Global Business Plan Competition has been titled ‘Reimagine Smart, Sustainable and Resilient Cities’, with various verticals on sustainable urban innovations.

Applicable technologies that facilitate solutions for the listed verticals may include blockchain, virtual & augmented reality, data analytics & artificial intelligence, internet of things (IoT), 5G, robotics and more.

Areas Of Focus:

  • Public Health, Wellness & Safety
  • Infrastructure & Industry
  • Air, Water, Food & Waste
  • Energy & Grid
  • Built Environment & Real Estate
  • Transportation & Mobility
  • Govt Tech & Civil Solutions
  • Cybersecurity

Benefits and Prizes:

There is a total of up to S$1 million worth of prizes to be won. The Grand Prize will be awarded to the top winner from each of the two categories. Finalists also stand a chance to win other thematic cash, investment and in-kind prizes such as:

  • DBS Foundation Social Impact Prize
  • Sino-Singapore Nanjing Eco Hi-tech Island Investment Prize
  • NSCC Supercomputing Resource Prize and more.

Eligibility:

The main applicant must be a polytechnic or full-time university students (including undergraduates, postgraduates and doctoral students) or university dropouts who did not complete their studies between 1 January 2015 to 25 July 2019, or alumnus of not more than five years upon graduation.

Categories:

Pre-revenue teams with disruptive technology or business model innovations

  • Technology innovations that have emerged from academic research with commercialisation opportunities that may or may not be fully validated
  • Innovative business models that may or may not be fully validated
    Team is in initial phases of ideation up to having a minimum viable product (MVP) that has yet to be launched in the market
  • A team should make up of at least 2 persons and up to 5 persons
  • Only the main applicant must be a polytechnic or full-time university students (including undergraduates, postgraduates and doctoral students) or university dropouts who did not complete their studies between 1 January 2015 to 25 July 2019, or alumnus of not more than five years upon graduation
  • The main applicant must be a founder of the company (or part of the founding team if the company has not been incorporated)

Revenue-generating early stage start-ups, up to Series A

  • Startup is in phases of initial sales or looking to scale
  • Typically, product or service has launched in the market, and is seeking their next customer(s) and/or to enter a new market
  • A team should make up of at least 2 persons and up to 5 persons
  • Only the main applicant must be a polytechnic or full-time university students (including undergraduates, postgraduates and doctoral students) or university dropouts who did not complete their studies between 1 January 2015 to 25 July 2019, or alumnus of not more than five years upon graduation
  • The main applicant must be a founder of a company

Join: The MTN Academic Research Development and Innovation Challenge (MTN ARDIC) For Nigerian Postgraduates (Win N1m)

Key Dates:

25 Jul 2019: Launch of Competition
13 Jan 2020: Announcement of Elite 100#
20 Jan 2020: Announcement of RVLT 50#
16 – 19 Mar 2020: Global Young Innovators Summit*
20 Mar 2020: Grand Finals (Awards Presentation)

How To Participate:

To participate in this competition, Applicants must create an account in their online portal.

Entries will be evaluated online by an international panel of judges and a total of 100 entries – the Elite 100^, will be selected to proceed into the next round.

Please submit the following for your application:

  • Executive Summary (not more than 500 words, in pdf, File should be named in this format: Summary_TeamName.pdf)
  • Pitch Deck presentation (no more than 20 slides, in pdf, File should be named in this format: Presentation_TeamName.pdf)
  • Optional submission of a video presentation that is not more than 5 minutes (mp4 format preferred, with resolution no greater than 360 pixels, File should be named in this format: Video_TeamName.mp4)

Elite 100 – Two representatives from the shortlisted 100 teams will be invited to participate in our week-long Global Young Innovators Summit where their meals and accomodations are covered.

Successful Applicants will be notified via email by late January 2020. The results will also be announced on the competition website.

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Deadline: 17 November 2019 11:59PM (GMT +8)

Join: British Council #IdeasChangeLives Challenge 2019 (Win £20,000 + One Year Full Support)

Apply here, also check the FAQ. Courtesy of: Singapore Man. University

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