Deadline: 30-Dec-21
The 2021 Trade and Connectivity Challenge (TCC) is inviting startups to showcase innovative solutions in growth areas such as big data, data analytics, Internet of Things (IoT), robotics & automation, improving supply chain management and more.
Organised by Enterprise Singapore (ESG), TCC 2021 aims to drive partnerships in joint innovation, development and use of new solutions in the aviation, maritime, land mobility, logistics and trade sectors.
This Challenge is sponsored by Enterprise Singapore (the “Organiser”) and by Cartrack, dnata, GKE, Legend Logistics, Lumens Auto, PLG, Sembcorp Marine, SingPost and UPS (the “Corporate Challenge Sponsors”); with the full support of Agorize (the “Co-Organiser”) for all aspects of the Challenge.
Prize Information
- Winner (1x): The Winner of TCC 2021 can win Startup SG Grant for up to S$30,000
- Commendation Winner (3x): The Commendation Winners of TCC 2021 can win Startup SG Grant for up to S$20,000
- Merit Winner (1x): The Merit Winner of TCC 2021 can win Startup SG Grant for up to S$10,000
Eligibility Criteria
- The Challenge is open to all local and foreign registered startups. All applicants/entrants/participants (“Participants”) must be above the age of 18 years old as at the date of entry and must submit their project proposals (“Project Proposals”) detailing their solution to a particular challenge statement (“Challenge Statement”) launched under the Challenge.
- Employees, representatives, and family members of the Joint Organisers should declare such relationships to the Joint Organisers that they are submitting their Project Proposals to.
- Project Proposals with solutions that have received funding from other programmes run by government agencies or statutory boards should declare the funding received and project details to the Organiser.
- For all challenge statements under the Trade and Connectivity Challenge 2021, the Organiser may support startups (Participants) with the Startup SG Grant (“Grant”). Awarded Participants may be required to submit a proposal for the Grant through the Business Grant Portal (“BGP”). More information on documents required for submission can be found in the application form in BGP or will be extended to the selected startups by ESG. The proposal and agreement will then be reviewed by the Organiser to determine the final amount of funding.
- The definition of startups, for the purposes of the Grant, shall:
- Be incorporated as a private limited company for less than ten (10) years at the launch of the Challenge;
- Company’s Group Annual Sales Turnover of not more than S$100 million, or Company’s Group Employment Size of not more than 200 workers;
- Not be a subsidiary or joint-venture of existing enterprises.
- To accept the Startup SG grants, the Participants must:
- Dedicate a reasonable amount of their time on the business, not be employed full time by another employer and must be a key decision-maker in the company.
- Register / have registered a private limited company in Singapore.
- Business activities run by the company should be conducted wholly or mainly in Singapore.
- The proposed business idea must not be in the following list: cafes, restaurants, night clubs, lounges, bars, foot reflexology, massage parlours, gambling, prostitution, social escort services, employment agencies (including recruiting foreign work permit holders and workers/ support staff, relocation services, and manpower services), and geomancy.
- Understand that Enterprise Singapore reserves the rights to change the terms and conditions of the grant as may be specified and deemed necessary.
For more information, visit https://tradeandconnectivity.innovation-challenge.sg/en/challenges/2021-edition