Sustainability Open Innovation Challenge 6th Edition

Grant Overview

Donor: Enterprise Singapore (EnterpriseSG) and SG Open Innovation Network

About: The Sustainability Open Innovation Challenge (SOIC) 6th Edition, organized by Enterprise Singapore (EnterpriseSG) and supported by SG Open Innovation Network, invites startups and SMEs worldwide to drive sustainable change. The challenge focuses on key sustainability topics such as Climate Change, Green Buildings, Sustainable Agriculture, and Sustainable Materials. Participants can collaborate with industry leaders, gain access to diverse markets, and compete for over S$2,500,000 in funding and support. Early submissions by January 6, 2025, receive exclusive feedback from venture capitalists and potential collaboration opportunities. The final application deadline is January 27, 2025.

Focus: Climate Change, Green Buildings, Sustainable Agriculture and Trade, Sustainable Materials, Open Category

Region: Global

Eligibility:
-Startups and SMEs from around the globe.
-Organizations passionate about driving sustainable change.
-Submissions must align with key sustainability topics.
-Early submission deadline: January 6, 2025.
-Final application deadline: January 27, 2025.

Benefits:
-Total of over S$2,500,000 in pilot commitment and funding support.
-Mentorship and co-development opportunities.
-Access to prototyping and proof-of-concept grants.
-Marketing features for your business and technologies.
-Exposure to Temasek ecosystem programmes.
-Hexagon Group prize of S$75,000 for one innovator in the Open Category.

Terms:
-Venture Capital: Investment in startups and early-stage companies with high growth potential.
-Proof-of-Concept: A demonstration or prototype to verify that a certain concept or theory has practical potential.
-Inclusive Growth: Economic growth that is distributed fairly across society, benefiting all members.
-Regenerative Practices: Approaches that restore and renew natural systems and resources.