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Startup competitions in Singapore and Southeast Asia in 2020

KrASIA has gathered a list of tech and startup competitions in Singapore and Southeast Asia, which are offering opportunities for aspiring entrepreneurs.

A list of startup competitions in Singapore and Southeast Asia. Photo: Shutterstock.com

In the tech scene, participating in startup competitions or hackathons has plenty of benefits. These events open the door to a wider network, fresh pool of product ideas from potential talents, and boost your resume or company brand. In this article, KrASIA gathered a list of tech and startup competitions in Singapore and Southeast Asia.

1. AWS Hackdays Online 2020

This year, Amazon Web Services (AWS) is back with their hackathon events in Southeast Asia, including startup competitions in Singapore, Malaysia, Indonesia, Thailand, and others in the region. Titled “AWS Hackdays: Build Tomorrow!” the event encourages developers to solve problems in their home countries using technology.

There are four categories to compete in: sustainability, learning and development, automation, and security. Winners will receive cash prizes and Amazon vouchers.

Date and time: April 24-July 12 (Application)

Location: Livestream

Prize: USD 20,000 per team (first place)

Developers can apply here.

2. Lee Kuan Yew Global Business Plan Competition (LKYGBPC) Lite Edition

The Singapore Management University’s Institute for Innovation and Entrepreneurship has announced the launch of its annual competition to help aspiring entrepreneurs testbed sustainable and innovative solutions. The event is open to all tertiary students and recent alumni to suggest innovative ideas and solutions that would help cities, businesses, and communities to adapt and thrive in the present and post-COVID-19 world.

Other than the cash prize, the winners will also be accepted into the SMU Big Incubation program where they will receive guidance and mentorship from industry experts in preparation for their early seed investment.

Date and time: July 15 (application deadline)

Location: Singapore

Prize: Fundings up to SGD 45,000

Students and alumni can apply here.

3. Slingshot

Organized by Enterprise Singapore, Slingshot returns for the fourth year with its first full virtual challenge. A key highlight is the new track focused on solutions that help businesses tackle issues stemming from the COVID-19 pandemic and challenging them to create the “new normal”.

This year’s competition will focus on five sectors:

  1. Healthtech, Biotech, and Medtech
  2. Foodtech and Agritech
  3. Manufacturing, Logistics, and Transportation
  4. Urban Solutions, Sustainability, and Energy
  5. Digital Solutions, Consumer Products, and Services

Other than grants and cash prizes, the winners will receive an opportunity to embark on co-innovation projects with the event’s corporate partners in Singapore.

Date and time: August 24 (application deadline)

Location: Online

Prize: SGD 200,000 grants from Startup SG and cash; SGD 10,000 from L’Oréal for winners.

Founders can apply here.

4. Singapore Mobility Challenge 2020

Jointly organized by the Land Transport Authority of Singapore (LTA), SBS Transit, SMRT, and Enterprise Singapore, the Singapore Mobility Challenge aims to address Singapore’s Land Transport Master Plan 2040 goals.

Startups that have developed solutions suitable for adaptation to Singapore’s needs, and with an interest in developing solutions for the public transportation sector are welcome to join.

The top 6 startups will work closely with the challenge owners to execute proofs-of-concept during the incubation period. The top 3 finalists will win an SGTech membership, cash prizes, and a Startup SG grant matching the value of their cash prize.

Date and time: August 11 (application deadline)

Location: Online

Prize: Cash prize up to SGD 30,000 for three finalists.

Startups can apply here.

5. ideasinc 2020

NTUitive, the innovation and enterprise company of Nanyang Technological University Singapore is launching ideasinc 2020, a nationwide startup challenge to spur young and aspiring entrepreneurs to turn their ideas into real-life startups that can contribute to the country’s future in the “new normal”.

Inspired by the United Nations Sustainable Development Goals, participants are encouraged to submit practical solutions related to the areas of crisis prevention, building cities of resilience and environmental sustainability.

The competition is open to everyone aged 18 and above who is a first-time entrepreneur. Participants must form teams of three with at least one team member being a Singapore citizen or Permanent Resident. The top 30 teams will be required to incorporate a business entity, based on the proposal submitted at the start of the semi-final stage of the competition.

Date and time: July 20 (application deadline)

Location: Singapore

Prize: Cash prize up to SGD 35,000 for three finalists.

Students can apply here.

6. MAS Global FinTech Hackcelerator 2020

The Monetary Authority of Singapore (MAS) launched the MAS Global FinTech Innovation Challenge which seeks to identify and recognize ground-breaking solutions that can enable the financial sector to respond to two pressing global challenges of today: COVID-19 and climate change.

Date and time: July 7 (application deadline)

Location: Singapore

Prize: Cash prize up to SGD 150,000.

Innovators can apply here.