Sustainability Open Innovation Challenge 2022
The Sustainability Open Innovation Challenge 2022 is back; bigger and better for its 4th edition! Over S$2.8 million worth of support available!
The 4th edition of the Sustainability Open Innovation Challenge, launched by Enterprise Singapore, aims to bring together industry partners and creative innovators to co-develop innovative sustainability solutions and ultimately implement them on a global scale.
For this challenge, Sustainability Open Innovation Challenge 2022 have on-boarded a selection of challenge statement owners and strategic partners, each with a unique challenge statement addressing themes such as:
- Zero-waste
- Sustainable Food Source
- Sustainable Materials
- Sustainable Packaging
- Renewable Energy
- Green
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Eligibility
- The Sustainability Open Innovation Challenge 2022 is open to all local and foreign registered startups, small and medium-sized enterprises (“SMEs). All applicants/entrants/participants (“Participants”) must be above the age of 18 years old as at the date of entry and must submit their project proposals (“Project Proposals”) detailing their solution to a particular challenge statement (“Challenge Statement”) launched under the Challenge, via the official website at https://sustainability.innovation-challenge.sg/en/challenges/edition-2022
- Employees, representatives, and family members of the Joint Organisers should declare such relationships to the Joint Organisers that they are submitting their Project Proposals to.
- Project Proposals with solutions that have received funding from other programs run by government agencies or statutory boards should declare the funding received and project details to the Organiser.
- Institute of Higher Learning and Research Institute may only participate by either: Registering a spin-off, led by a committed and capable team; or Submitting a joint proposal with a startup/SME (the startup/SME has to co-develop the solution, lead the proposal submission and eventually commercialise the proposed solution).
- Funding eligibility
- For all challenge statements under the Sustainability Open Innovation Challenge 2022, the Organiser may support local SMEs* with the Enterprise Development Grant (“EDG”) (for eligible enterprises). Awarded participants are required to submit a proposal for the grant through the Business Grant Portal (“BGP”). More information on documents required for submission can be found in the application form in BGP. The submissions will be reviewed by the Organiser to determine the eligibility for funding under the EDG.
- Be a company that has a group annual sales turnover of not more than S$100 million; OR
- Have group employment size of not more than 200 employees; AND
- At least 30% local shareholding (i.e. 30% local equity held directly or indirectly by Singapore Citizen(s) and/or Singapore Permanent Resident(s), determined by the ultimate individual ownership)
- Proof-of-Concept (“POC”) Development Grant
- Awarded innovators may receive a POC development grant from Enterprise Singapore for selected challenge statements as indicated under the respective challenge briefs. 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 challenge owner and the awarded innovator.Eligibility criteria and conditions apply*
*The POC Development grants will be awarded to startups/SMEs incorporated in Singapore for projects with overseas pilot deployment potential. Foreign startups/SMEs may be considered if developmental activities are based in Singapore and only if a Singapore office is incorporated. For applications by a consortium or group of companies, the grant will be awarded to the lead applicant.
Benefits
Winning innovators’ prizes include:
- Prize money, Paid trials and Pilot opportunities
- Potential grant support from Enterprise Singapore
- A unique opportunity for co-innovation with industry partners, benefiting from their extensive expertise and resources
- Key networking opportunities during closing ceremony
During the closing ceremony, our sponsoring partner Hexagon Group will select one innovator among all the winning innovators and award them S$70,000 prize money.
Application process
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