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Q:When does submission commence?
A:Submissions are accepted from the launch date, 22 July 2020 04:30PM (GMT +8).
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Q:When is the deadline for submission?
A:The submission deadline is 29 September 2020, 11:50PM (GMT +8). Submissions received after the deadline will be disqualified.
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Q:How will my submission be evaluated?
A:Your submission/solution will be evaluated by the challenge sponsor providing the corporate challenge statement. Solutions should come with some form of Proof of Concept (POC), that can be trial to address the problems raised by the corporates. You will be presenting the shortlisted solutions via digital mediums.
During the evaluation of all submissions, we will consider the relevance, scalability and feasibility of the proposed solution.
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Q:How can I participate in the challenge?
A:Download the proposal submission form in Microsoft Word format at the 'Attachment' section of the Challenge Statement Listing Page and fill in the details of your project proposal. Navigate to the Enterprise challenge page, identify the challenge statement your business is keen to address and click the "Submit Proposal" button after logging in. You will be presented with a form for you to submit your proposal. This submission will be your official entry into the challenge. Do upload the filled Microsoft Word project submission form and any other supporting documents/files that may support your proposal.
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Q:Who is eligible to participate in the challenge?
A:This challenge is open to all local and international registered startups (<5 years of incorporation) and students from local and foreign tertiary institutions. More information is on eligibility can be found in Section II of the Rules & Regulations page.
Should you decide to apply for the Startup SG Grant, business activities run by the Singapore applicant company should be conducted wholly or mainly in Singapore. Exceptions may be made, subject to approval, in which case, milestones may be adjusted to include KPIs to anchor the project/startup back to Singapore.
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Q:We would like to base ourselves in Singapore, how can we obtain approval to do so?
A:Should you be from a foreign registered startup and would like to obtain a work permit, the EntrePass is a work pass scheme that the start-ups can tap on. The scheme facilitates the entry and stay of global entrepreneurial talent who can complement our local skillsets and contribute to a more vibrant high tech start-up ecosystem.
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Q:I am a student; can I submit my solution?
A:Yes, you can submit your solution. However, you will be required to incorporate a private limited company in Singapore in order to receive the Startup SG Grant prize money.
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Q:What is the prize money?
A:The total prize pool is at S$100,000. The winner of the Enterprise track will receive up to S$30,000 in grant support.
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Q:What are the conditions of the awarded prize money?
A:The prize money should be awarded to a registered private limited company in Singapore, with business activities run by the Singapore applicant company conducted wholly or mainly in Singapore. Exceptions may be made, subject to approval, in which case, milestones may be adjusted to include KPIs to anchor the project/startup back to Singapore.
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Q:What are your policies on intellectual property (IP) protection and confidentiality obligations?
A:The protection of intellectual property rights in the submitted solution is the sole responsibility of the applicant. Once the solution is submitted and selected for trial with the challenge sponsor, it will be a private agreement between the challenge sponsor and startup. Enterprise Singapore (ESG) would not request for a stake to the IPs developed. If you would like to share intellectual property rights which may contribute to the value proposition of the solution, it will be advisable to consider getting appropriate legal advice prior to making any disclosures to the organisers.
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Q:How many members can I have in my team?
A:Your team should have a minimum of two members. There is no maximum limit to the team size. However, participants cannot belong to more than one team, and cannot be a family member or employee of Enterprise Singapore, IPI Singapore, or any of the challenge sponsor and marketing partners under both the TCC Enterprise Track or TCC Industry Track.
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Q:How would I know if my team/startup is shortlisted?
A:The shortlisted teams will be informed via email in October 2020 on their selection with instructions on the next steps of the Trade and Connectivity Challenge 2020.
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Q:Is there a participation fee?
A:No fees are required.