Calling all startups: Asia’s most exciting deep tech pitching competition is back! This is your chance to anchor yourself in Singapore – one of the world’s top innovation nodes – and compete for over S$1.1M (US$800,000) in attractive prizes!
Sponsoring Agency: Agorize
Type of Fund: Challenges, Competitions or Prizes
Deadline Available: Available
Deadline Date (mm/dd/yyyy): 08/01/2021
Size of the Fund: USD $50,000 to $500,000
Calling all startups: Asia’s most exciting deep tech pitching competition is back! This is your chance to anchor yourself in Singapore – one of the world’s top innovation nodes – and compete for over S$1.1M (US$800,000) in attractive prizes!
In fifth edition, Agorize is looking for startups in four emerging challenge sectors to showcase your game-changing solutions and products. Make the pitch of a lifetime to a global audience of major investors, industry leaders, and thought leaders!
Shortlisted startups will be given the opportunity to develop corporate partnerships and join Singapore Week of Innovation and TeCHnology 2021 (SWITCH 2021).
This Challenge is sponsored by Enterprise Singapore and organized by Agorize.
Challenge Sectors
• Digital Technologies
o The adoption of digital technology has accelerated rapidly in the last year, across industries, consumer segments, and global cities. In Southeast Asia, 40 million people adopted digital technologies for the first time in 2020, and the internet economy in the region is expected to reach over US$300 billion by 2025.
o SLINGSHOT seeks promising startups that can ride the digital wave in Asia. This includes startups with innovative applications of the following technologies:
Data & Artificial Intelligence
Blockchain
5G
Cybersecurity
Consumer Technologies
• Health & Wellness
o Cutting-edge technology in the Healthtech, Biotech and Medtech sectors continues to be in demand. In addition to recent shifts in healthcare trends, growing silver populations also present an array of opportunities for innovation
o Join if you have disruptive solutions in the following areas:
MedTech
BioTech
HealthTech
Ageing
• Smart Cities
o Asia is home to 16 of the world’s 28 megacities. Rapid urbanization and exploding urban populations offer opportunities for smart city solutions to address the growing pressures on the city’s resources, transport networks, and infrastructure.
o Innovative startups in the following areas are welcome to participate:
Industry 4.0
Transportation & Logistics
Urban Mobility
Urban Sustainability
IoT & Sensors
• Sustainability
o Even as Southeast Asia recovers from recent economic challenges, it continues to bear the brunt of global climate change and its myriad effects. Regional government and industry leaders have made sustainable practices and green solutions a key priority, generating US$1 trillion economic opportunities annually in the Southeast Asian region by 2030.
o If you have a game-changing innovation that tackles climate change and makes sustainability more attainable, this category is for you:
Agriculture Technology
Clean Technology
Food Technology
Green Technology
Prizes
• Grand Winner
o The Grand Winner of SLINGSHOT 2021 will receive S$200,000 Startup SG Grant Prize.
• Top 10 Startups
o The Top 10 Startups will each receive S$50,000 Startup SG Grant Prize each.
• Top 100 Startups
o The Top 100 Global Startups will receive:
o An exclusive invitation to compete at SLINGSHOT 2021's Virtual Finals, held as part of SWITCH
o 1 x complimentary Digital Premium Pass to SWITCH 2021
o 1 complimentary SWITCH 2021 exhibition booth to showcase your innovative products and services
o Support for EntrePass, the working visa for foreign entrepreneurs in Singapore [International applicants only]
o Participation in SLINGSHOT 100: Gear Up, a three-day curated workshop with one-to-one mentoring, valuable networking opportunities, and connections to Southeast Asia’s vibrant tech ecosystem
• Top 1,000 Startups
o The Top 1000 Global Startups will receive:
The chance to participate in the SLINGSHOT Corporate Challenge, connect with innovation-ready corporates, and embark on co-innovation projects to win up to S$30,000 in Startup SG grant prizes.
Participation in SLINGSHOT 1,000: Disrupt, a three-day series of masterclasses and workshops. Gain insights into sector-specific trends and challenges, pitch your innovative ideas to corporates looking for solutions, and explore co-innovation opportunities!
Participation in SLINGSHOT 100: Gear Up, a three-day curated workshop with one-to-one mentoring, valuable networking opportunities, and connections to Southeast Asia’s vibrant tech ecosystem
Eligibility Criteria
• They are not just looking for brilliant ideas, but most importantly, practical and scalable solutions.
• Any international startups with a Minimum Viable Product (MVP) and meet the following conditions are eligible to participate:
o can illustrate initial signs of traction;
o have proprietary technology or solutions.
• Regardless of your business area, all startups are welcome to apply in any categories stated in the SLINGSHOT 2021 Competition:
o Sustainability
o Health & Wellness
o Smart Cities
o Frontier Digital Technology
More information at: https://slingshot.agorize.com/en/challenges/2021-edition?lang=en
Eligible Countries:
Afghanistan, Bangladesh, Bhutan, Brunei Darussalam, Cambodia, China, India, Indonesia, Japan, Kazakhstan, Kyrgyzstan, Lao People’s Democratic Republic, Malaysia, Myanmar, Nepal, North Korea, Oman, Pakistan, Philippines, Qatar, Russia, Singapore, South Korea, Sri Lanka, Tajikistan, Thailand, Timor-Leste, Turkey, Turkmenistan, Uzbekistan, Vietnam
