Applications Invited for Energy Open Innovation Challenge 2020

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About the Organization:

Enterprise Singapore is the government agency championing enterprise development. They work with committed companies to build capabilities, innovate, and internationalist. They also support the growth of Singapore as a hub for global trading and startups and build trust in Singapore’s products and services through quality and standards.

Energy Open Innovation Challenge

Over the past century, the energy sector has been one of the significant contributors of industrial growth, fuelling our rapidly growing global economy.  Singapore has developed an extensive and integrated value chain that spans refining, crackers, petrochemicals, and specialty chemicals manufacturing that is supported by R&D and innovation. The demand in Asia for energy, chemicals, and products with specialty chemical components will remain strong over the next 5 years.

Enterprise Singapore (ESG), in association with energy company partners, government agencies, and innovators, is launching The Energy Open Innovation Challenge with the mission of boosting innovation in the global energy industry.

They are calling for local and international startups and small-and medium-sized enterprises (SMEs) to improve the energy sector and provide solutions to four key industry needs. Participants are welcome to submit multiple entries to tackle various problem statements.

Take this opportunity to collaborate and cross-develop your new solutions with a pool of innovative companies and energy industry experts. This is your chance to showcase your unique solutions to global energy companies and establish new business opportunities!

Categories

The energy industry faces these four major issues. Will you rise to the challenge?!

• Asset Management
• Robotics
• Sustainability
• Workflow

Criteria:

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

• Startups are companies that have been incorporated for less than 5 years
• SMEs are companies with less than 200 employees or less than S$100 million annual turnover

For research teams, regardless of the country of residence, only one person is to register on behalf of the team members. Upon registration, the research team will need to be ready to incorporate a company in Singapore should they be shortlisted to work with the energy companies and offered the grant support.

Please note that this Challenge is not open to employees and representatives of the Joint Organisers.

Funding & Incentives

Successful entries will be eligible for several of the following prizes:

• Up to S$1M of funding support and S$100K of Startup SG Grants
• Access to leading energy companies' leading R&D expertise
• Corporate deals with participating energy companies
• Mentorship & Industry Network
• Industry Exposure

Deadline: 6 Nov 2020, 12:00 PM GMT+8

For more information please check the Link