Sustainability Open Innovation Challenge 6th Edition

FREQUENTLY ASKED QUESTIONS

 
 

PARTICIPATING

You can sign up at https://open.innovation-challenge.sg/soic-6th-edition 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 question 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 SOIC 6th Edition platform. If you do not received anything after registering, please reach out to timothy.sim@agorize.com

To update your details, please login on the challenge page 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 your company is entering the challenge with an IHL partner, please reach out to timothy.sim@agorize.com

ELIGIBILITY

This challenge is open to all Startups, and SMEs 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 challenge is open to Startups and SMEs across the world.

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

For all challenge statements under the SOIC 6th Edition, the Organiser may support awarded innovators* with the Proof-of-Concept (“POC”) Development Grant (for eligible enterprises). Eligibility for the grant, actual quantum, early stage POC milestones tied to the grant and payment tranche(s) will be assessed by Enterprise Singapore, in consultation with the JTC Corporation, the challenge owner and the awarded innovator.

 

Eligibility criteria and conditions apply* 

*Funding support will only be awarded to Singapore-registered startups and SMEs. Foreign-based startups and SMEs may be considered if they are registered as a legal entity in Singapore within six (6) months of being appointed as a matched company. For applications by a consortium or group of companies, the grant will be awarded to the lead applicant.

APPLICATION PHASE

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 HERE.

A template is available for 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 submission is no more than 10-slides and is written in English. Furthermore, please ensure that you’ve previewed your project, to ensure it is displayed correctly, prior to submitting it.

TheThe early submission deadline of the application is 6 January, 2025 2359 SGT(GMT +8).

The deadline of the application is on 27 January, 2025 2359 SGT(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%)

 

SHORTLISTING PHASE

The announcement for the shortlisted companies will be made via the platform chat by 3 March 2025, end of day.

CLARIFICATION PHASE

The announcement for the shortlisted companies will be made via the platform chat in 21 April 2025, end of day.

Clarification Phase will commence in March, 2025 where 1-on-1 clarification meetings will be organized by the respective challenge statement owners with shortlisted companies.

DEMO DAY

The announcement for the finalist companies will be made via the platform chat 21 April 2025.

The Final Ceremony will be held physically during the end of June where selected companies will pitch their projects for 5 minutes followed by up to 5 minutes of Q&A.

Finalists will have to pitch their projects in front of the challenge statement owners for 5 minutes followed by up to 5 minutes of Q&A. More information will be shared later on with the finalist companies.

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%)

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