Reach communities regionally or globally to attract high-potential startups to propose creative solutions to your problem
Change how you collaborate with new or existing corporate and ecosystem partners to solve big problems or develop new opportunities
Co-create the use case with startups, and guide the development of solutions based on your business pain points and your customers’ needs
Get to a real result:
a pilot with the startup(s) to
test the use case
SERVICES | Challenge
Invite the world of startups to pitch solutions.
Every challenge is designed differently, but always with an eye on the outcome: often, a pilot with a selected startup(s). First, we help you articulate the problem or opportunity to address. We then draw on our regional knowledge and global networks to find and invite quality startups (early-stage and / or more mature ones) to participate in the challenge.
Compared to a Scout-Pilot project, a Challenge offers the opportunity to do a broader, more public outreach to many communities that relate to the opportunity. Whilst we believe in a combination of physical events and digital to foster interactions between the problem owner (sponsoring corporation), other partners, and the startups, the entire Challenge process can be run virtually. The co-creation continues into the pilot, so the process does not end on the Pitch Day.
Highlights:
Southeast Asia Open Innovation Challenge 2021
Enterprise Singapore; supported by EDB and IMDA
Global sourcing of solutions for a range of industries, for SEA companies: Apical, BCA, Muang Thai, Nongsa Digital Park, SCG, Sime Darby Property, Sunway, and TMG
PUB Global Innovation Challenge
Public Utilities Board
Global search for startups in water and adjacent industries for their sensors and monitoring, and automation and process control technologies
O3 Challenge
Symphony Creative Solutions and NUS Enterprise
Global search for AI startups to address maritime challenges in scheduling reliability, dynamic pricing, and identification of high-risk vessels
Fintech Challenge
Vietnam
State Bank of Vietnam and ADB (Asian Development Bank) Ventures, supported by commercial banks and a range of ecosystem partners
Global search for the best Fintech startups with solutions for digital banking transformation and financial inclusion in Vietnam, culminating in SBV’s annual Fintech Vietnam Forum
STB Tourism Innovation Challenges
Singapore Tourism Board
Matchmaking between tech startups/SMEs and industry stakeholders to pilot new solutions
Unilever Foundry
Startup Battles
Unilever
Annual search (four years running) for the most promising startups in the region (the 2019 theme was New Retail) to pitch at the biggest tech showcase in Singapore, innovfest unbound