The Singapore Economic Development Board (EDB), the lead government agency for global businesses for the city-state, together with partners Actavia, Co-Creation Lab and Pufferfish Partners, set the stage for the Singapore x Europe Innovation Partnership Forum (SEIPF). SEIPF offers an unparalleled opportunity for European startups to gain access to leading Asian customers, investors and co-innovation partners across diverse industries, in one single platform.
50 European tech startups finalists have a chance to get their innovative ideas off the ground by presenting their solutions to close to 20 leading Asian corporates with innovation and investment decision-makers in Singapore. This one-of-a-kind, demand-led, 100% online pitch competition is one where the Asian companies themselves select the top 50 startup finalists.
Partners: https://innovationforum.sg/partners/
Organisers: https://innovationforum.sg/organisers/
TIMELINE
WHY PARTICIPATE
For the Top 50 Finalists
An unparalleled opportunity for European startups to gain access to 10 to 20 leading Asian customers, investors and co-innovation partners across diverse industries, in one single platform.
> Sponsored pre-event pitch coaching sessions by SEIPF’s co-organisers who are experts in the tech ecosystem.Exclusive passes to EDB’s line-up of startup conferences (Singapore Tech Forum 17 – 20 November 2020) and events in Europe and Singapore.
Mention of their nomination in the events communication and PR campaigns in Europe and Asia.
For the Top Startups
The top startups of each category may, at the interested corporates’ discretion, be given grants for subsidised Southeast Asia market access programmes such as Design sprints, Discovery Mission and Acceleration Package.
For All Participants
EDB will share the pitch deck and contact details of startups with the organisations which registered interest so that the startups can still be contacted after the event. An additional opportunity to connect with Singapore’s and Southeast Asia’s innovation ecosystems!
An assessment session will be offered after the event with startup acceleration & industry experts Actavia Consulting, Co-Creation Lab and Pufferfish Partners to provide guidance on the startup journey in Asia.
HOW DOES THIS EVENT WORK?
Upon registration, startups will be invited to pitch on up to 2 themes and qualify their application further.
The top 50 companies will be selected by corporate partners and the former will then participate in the live digital pitch session held from 9 – 13 November 2020.
The finalists will gain access to 10 to 20 leading Asian customers, investors and co-innovation partners across various industries. Free pre-event pitch coaching sessions will be given by SEIPF’s co-organisers who are experts in Southeast Asia’s tech ecosystem. Exclusive passes to EDB's line-up of startup conferences (Singapore Tech Forum 17 – 20 November 2020) and events in Europe and Singapore will also be provided.
In addition to the above prizes, and at the discretion of interested corporates, the top startups of each category may be offered grants for Southeast Asia market access programs in the form of Design sprints, Discovery Mission and Acceleration.
Even if a particular startup is not shortlisted as a finalist, EDB will still share their pitch deck and contact details with the Asian organisations so that the startups can be contacted after the event.
More information about the program can be found at https://innovationforum.sg
For further queries, leave your contact details and message at support@innovationforum.sg
CRITERIA FOR PARTICIPATION
Startups must be headquartered in Europe.
Provide solutions for one or several of the following sectors: Smart Cities, Sustainability, Industry 4.0, Health Tech, Agri & Food Tech, RetailTech & eCommerce, Marine Tech or Property Tech & Real Estate.
CRITERIA FOR SELECTION
These are our criteria to select a company, based on the review of the pitch deck:
I. Main criteria - 80%:
Adequation to the needs expressed by the Asian Corporates and Institutional Investors
Scalability potential beyond Asian Proof-of-concept
Strength of Business Model
Displayed strategy to expand in ASEAN and Asia
II. Secondary criteria - 20%:
Team/Management and resources to support Asian expansion
Uniqueness/Innovation (Differentiation)
Sustainability/impact differentiator
Flexibility/adaptability of the use case to Customer needs
Note: The following elements might be important for Asia expansion but will not be taken into account for the selection to this event. Indeed, the co-organisers can help you trigger the local support you might need:
Lack of local knowledge or local structure
Lack of local contacts and market understanding (incl. rules and regulations)
Lack of specific Asian Business Plan