Application Open Dates: 29 May 2020 to 04 Jul 2020
In the context of the COVID-19 pandemic, the critical importance of financial health has become much more evident as the pandemic exposes and exacerbates the economic vulnerabilities of underserved communities in developing nations, and in particular the world’s least developed countries.
The UN Capital Development Fund (UNCDF) and MetLife Foundation, in partnership with the Singapore FinTech Festival, launched the COVID-19 Financial Health Challenge—a global initiative to help improve financial health and resilience during the current COVID-19 pandemic and beyond.
The COVID-19 Financial Health Challenge invites digital innovation and solutions to improve financial health during the pandemic from companies all over the world. Shortlisted applicants in the Challenge will be invited to participate in a six-week programme. At the end of the programme, winning participants could expect to receive:
• Financial support up to $110,000
• Technical assistance & mentors
• The opportunity to present on a global platform
• Assistance to piloting their product in China and Malaysia
Challenge Owner(s): Allen & Gledhill LLP
Amundi, ANZ Singapore, Aviva Investors, AXA Insurance, AXA Investment Managers, Bank of America Merrill Lynch, Bank of Singapore, BBVA, BlackRock, China Construction Bank, Commerzbank, DBS Bank, Euroclear, Firemark IAG, Hermes Investment Management, Janus Henderson, J.P. Morgan, KPMG, Moody's, Munich Re, Natixis, NN Investment Partners, Nordea Asset Management, OCBC Bank, Refinitiv, Robeco, Schroder Investment Management (Singapore) Ltd, SGX, Sumitomo Mitsui Banking Corporation, Standard Chartered Bank, UBS, UNDP, UOB Group
Application Open Dates: 8 June 2020 to 07 July 2020
APIX,Monetary Authority of Singapore(MAS)
The MAS Global FinTech Hackcelerator seeks innovative solutions for real-life business challenges. This year, MAS has published 107 problem statements collected from the global financial sector across 4 categories:
(i) Responding to a global pandemic;
(ii) Green finance solutions;
(iii) Green finance enablers; and
If your solution might be able to address one or more of the published problem statements, please send in your application by 30 June 2020.
Challenge Owner(s): Energy Market Authority(EMA), Korea Institute of Energy Technology Evaluation and Planning(KETEP)
Application Open Dates: 8 May 2020 to 8 July 2020
Energy Market Authority(EMA), Korea Institute of Energy Technology Evaluation and Planning(KETEP)
Under Singapore’s ongoing collaboration with the Republic of Korea to pursue and promote partnerships in the areas of smart grids and energy technologies, EMA and KETEP have launched the second EMA-KETEP Joint Grant Call. The problem statements under this grant call are:
EMA and KETEP are seeking innovative solutions to enable the use of hydrogen for power generation. While alternative energy carriers such as hydrogen could decarbonise the power sector, there are currently significant economic and technical challenges facing the use of hydrogen for power generation. The proposed solution, where applicable, shall address one or more of the following sub-problem statements:
i. Safe and cost-effective technologies for storage, transportation and/or fuel delivery of hydrogen gas; and/or
ii. Energy-efficient emissions-free pathways for hydrogen production, e.g. methane pyrolysis and water electrolysis.
EMA and KETEP are seeking innovative solutions to facilitate the deployment of solar PV. This is aligned with the goal to increase the adoption of solar in both countries. The proposed solution, where applicable, shall address one or more of the following sub-problem statements:
i. Cost-effective grid integrated solar PV systems, e.g. portable PV;
ii. Creative deployment of solar PV in an urbanised context, e.g. building-integrated/building-applied PV.
Application Open Dates: 1 June 2020 to 12 July 2020
The Singapore Airlines AppChallenge is back with its 6th edition! With 10 challenge statements across 6 themes featured this year, the airline is inviting innovators from all over the world to join forces with, to lead the change in the aviation and travel industry.
Application Open Dates: 26 May 2020 to 20 July 2020
NTUitive Pte Ltd
Sustainable development is at the heart of the Singapore story and Singapore is often held up as an example of the plucky nation that survived and thrived despite having minimal resources. The tenacity of our people and steadfast thought-leadership is often cited as the reasons for our success.
Singapore was built by resilient and industrious people and our response to COVID-19 has demonstrated this. Businesses need to innovate to continue functioning in challenging circumstances. Work needs to be reimagined and reinvented using contemporary technologies.
This is an excellent opportunity for budding entrepreneurs and companies to find ways to accelerate their growth and development as they seek profitable solutions to tackle issues faced by our nation and to scale their ideas and products to new markets.
Challenge Owner(s): Singapore Airlines, Changi Airport Group, Marina Bay Sands, Singapore Flyer, The Ritz-Carlton, Conrad Centennial Singapore, Capella Singapore, Sentosa, PARKROYAL COLLECTION Marina Bay, Regent Singapore, SingEx, Chan Brothers Travel Pte Ltd, Fairmont Singapore, Swissotel Merchant Court, Far East Hospitality, Urban Redevelopment Authority (URA), National Heritage Board (NHB), Millennium Hotels and Resorts, Resorts World Sentosa, Gardens by the Bay, Park Hotel Group, Shangri-La Group, Jewel Changi Airport, Informa Connect Singapore, Dynasty Travel International Pte Ltd, Wildlife Reserves Singapore, Global Travel Pte Ltd, Capri By Fraser
Application Closing Deadline: 30 July 2020
Singapore Tourism Board (STB), Found8
The STA is looking for the very best in innovation and are particularly interested in companies that are developing solutions to future-proof the travel and tourism industry and help tourism companies thrive in the new normal brought about by COVID-19. Whether you already have some traction in the industry, or are looking to apply your solution to the industry for the first time, we want to hear from you.
The 12 selected companies will gain unparalleled access to work with some of Asia’s and the world’s most important industry players. They will undergo a three-month intensive accelerator programme identifying a potential pilot project and scope, followed by three months of pilot implementation with selected industry partners for the top 10 companies. The accelerator entails an intensive programme to learn critical market entry skills, pilot design and implementation skills, building a company and culture that scales and fundraising strategies via workshops, 1:1 mentoring, peer learning, expert feedback, networking sessions with founders and investors, and industry events. The 6-month programme will end with a Demo Day with industry partners and investors.
During pilot implementation, the top 10 companies will receive funding support of up to 70% of qualifying costs, up to SGD25,000 per company to testbed their solutions.
All companies will receive a monthly stipend of SGD2,000 per company for the duration of their physical participation* in the programme, as well as assistance with temporary relocation (co-living and entrepreneurs’ visa) to Singapore.
*As soon as the travel restrictions lift and entrepreneurs are able to base themselves in Singapore, they will be able to collect the monthly stipend.