Sustainability Open Innovation Challenge 2021 - Round 2

You can sign up at https://sustainability.innovation-challenge.sg/en/challenges/round-2?lang=en using a valid email address. Then click ‘Participate’ to create your participation and submit your deliverables. Feel free to reach out to the Admins through the chat feature if you have any questions or concerns.

Once you have become a participant, announcements will be made via the platform chat on a regular basis to provide the latest updates about the challenge. Participants also have access to a dedicated chat with the Admins. Feel free to ask any questions there.

The Agorize platform’s customer support can answer any questions pertaining to the challenge.

You will receive an email confirmation upon successful registration for the Sustainability Open Innovation Challenge. If you do not receive anything after registering, please reach out to ridhika.chopra@agorize.com.

To update your details, log in at https://sustainability.innovation-challenge.sg/en/challenges/round-2?lang=en and go to your participant profile to edit or change your details. Please note that you will not be able to change your email address. If you need to change your email address, you need to delete your account and create a new one with the desired email address.

In this challenge, only one person acts as a representative for his/her respective company. If you are jointly submitting a proposal with your collaborator, please indicate the details of your collaborator within the submission.

This challenge is open to all Startups, SMEs, Institutes of Higher Learning (IHLs) and Research Institutes (RIs) across the world.

Please take a look at the challenge statements tab to learn more about each challenge statement’s specific requirements and expectations.

The competition is open to Startups and SMEs across the world.

Startups and SMEs can also decide to enter the competition in partnership with Multinational Corporations (MNCs), Large Local Enterprises (LLEs) and Research Institutes (RIs). Please reach out to the admins if you are in this situation and require more information.

1. Registering a new spin-off to license the technology, led by a committed and capable team

2. Submitting a joint proposal with industry partners (the industry partner has to co-develop the solution, lead the proposal submission and eventually
commercialise the proposed solution). Additionally, specific to NIC Challenge Statements, separate funding may be provided by National Research
Foundation (NRF) Singapore to public researchers to collaborate with enterprises for POC/prototyping and pilot deployment. This funding will be for
IHLs/RIs' incurred cost and will not overlap with costs funded to enterprises. IHLs/RIs would require the endorsement of their Innovation and
Enterprise Office (IEO). For additional details, please refer to your respective IEO.

ESG Funding:

Awarded solvers are required to submit a proposal for the grant through the Business Grant Portal. More information on documents required for
submission can be found in the application form in BGP. The proposal and agreement will then be reviewed by Enterprise Singapore to determine the
final amount of funding.

You are free to submit as many solutions as there are challenge statements. Check the complete list HERE.

Please note that innovators are welcome to participate in both rounds as long as the challenge statements are different.

For the Application Phase, your startup/SME must fill in an application form and submit a 5-10 slide PDF that addresses the following:

• Details of Applicant
• Executive Summary: provide a summary of the solution, technology and deliverables – tangible and intangible outcomes of the project (in less than 500 words).
• Detailed project proposal, including:
  • Technical feasibility of solution and novelty
  • Effectiveness in addressing the challenge (how the solution can address requirements).
  • Potential benefits (e.g. how is this solution novel/different from what is available currently, potential cost and manpower savings).
  • Operational feasibility: Potential end users/stakeholders onboarding plans.
  • Business feasibility of solution (commercialisation and scale up strategy, estimated commercial price, operating/maintenance/life cycle cost/business model).
  • Capacity and expertise to execute (capabilities and resources committed).
  • Details on POC/MVP if applicable; Desired deliverables/milestones and outcomes of projects (including but not limited to tech specs, project/product development schedule, key challenges to overcome).
  • Others (as specifically requested by Challenge Brief).

Refer to the Timeline and Guidelines tab for more information

A template is available to download on the participation space but you are not required to use it. It is provided merely as a guide.

If you don’t use the template, make sure that your PDF is 10-slides max and is written in English. Furthermore, please ensure that you’ve previewed your project, to ensure it is displayed correctly, prior to submitting it.

The deadline of the application is Wednesday, February 8, 2022 at 23:59 SG time (GMT +8).

All submissions will be assessed based on the following criteria:

• Technical Feasibility of solution and novelty (40%)
• Business feasibility of solution (30%)
• Capacity and Expertise to execute projects (20%)
• Clarity & Comprehensiveness of proposal and test plans (10%)

For the Deepening phase, the shortlisted companies will be mentored with SOIC 2021 Round 2 challenge owners and companies will be asked to submit a 20-slide maximum proposal deck and an introduction video by the founder, CEO or top management explaining the solution in approximately 2min.

The announcement for the shortlisted companies will be made via the platform chat on March 11, 2022, end of day.

During the deepening phase, selected companies will be mentored by SOIC 2021 Round 2 challenge owners. At the end of the deepening phase companies will have to submit a 20-slide maximum proposal deck and an introduction video by the founder, CEO or top management explaining the solution in around 2min.

From April 11, 2022 to April 25, 2022, challenge owners will select the companies that will progress to the final stage.

The announcement for the finalist companies will be made via the platform chat on April 27, 2022 end of day.

The Final Phase will be held in May 2022 where selected companies will pitch their projects for 5 minutes followed by up to 5 minutes of Q&A.

The Agorize team will organise a dry-run to best prepare finalist companies for the pitching day. More information will be shared with the finalist companies at a later date.

Finalists will have to pitch their projects in front of SOIC 2021 Round 2 challenge owners for 5 minutes followed by up to 5 minutes of Q&A. More information will be shared with the finalist companies at a later date.

All projects will be assessed based on the following criteria:

• Technical Feasibility of solution and novelty (40%)
• Business feasibility of solution (30%)
• Capacity and Expertise to execute projects (20%)
• Clarity & Comprehensiveness of proposal and test plans (10%)

The Final Jury Panel will consist of the SOIC 2021 Round 2 challenge owners. More information will be provided at a later date!