Enterprise Singapore, in collaboration with Agorize, is announcing Slingshot 2024. A deep tech startup pitching competition for fresh, innovative companies is called Slingshot 2024. They welcome startups with creative solutions to participate in the SLINGSHOT competition this year.

Participants can present their creative ideas to prominent businesspeople and international investors from five newly developing issue domains. They can also compete for tempting prizes worth over $1.2 million. A funded trip to Singapore, where they can network with Asia’s most prominent startup community, will be awarded to the top 50 Global Startups of the SLINGSHOT 2024. Lastly, they have the opportunity to present their idea during the Singapore Week of Innovation and Technology (SWITCH) 2024 SLINGSHOT 2024 Finals.

Slingshot Key Details

• Application Deadline: 1 July 2024 (23: 59 (GMT +8)
• Physical Immersion: 23 to 25 October 2024
• Domain Finals and Grand Finals: 28 to 30 October 2024
• Organizer: Enterprise Singapore
• Eligible Countries: All
• Field: Startup

Benefits of the Slingshot

The top 50 global startups from SLINGSHOT 2024 will spend time in Singapore, the center of Asia’s startup scene. They will also receive rewards of up to S$1.2 million. Please read the following information on the awards:

• Top Three Winners: S$200,000 Startup SG Grant Prize and 18 months’ rent-free space at LaunchPad
• Top 10 Global Startups: S$50,000 Startup SG Grant Prize
• Top 50 Global Startups:

1. a journey to Singapore to take part in the program’s physical immersion
2. Invitation to participate in the Physical Finals of SLINGSHOT 2023, which will be a component of SWITCH
3. One free exhibition space at SWITCH 2023 for their startup
4. Eligibility for EntrePass, the working visa for foreign entrepreneurs in Singapore [International applicants only]

• Top 250 Global Startups: Opportunity to participate in a SLINGSHOT Corporate Mixer, connect with innovation-ready corporates, and embark on co-innovation projects with them.

Additionally, they will benefit from the following opportunities:

• NETWORK: Meet top international investors, corporations, and accelerators from regional finals qualifiers, deal-mixers, and demo days.
• IMMERSE: Corporate site visits, lab crawls in the thriving Singapore startup scene, and specialized pitch coaching
• COLLABORATE: Create and collaborate on ideas with corporates and domestic businesses to get your ideas into the market more quickly.
• PITCH: Present at the Finals in front of an international audience to earn grant prizes valued up to $1.2 million.

Eligibilities and Domains:

• Not only are they searching for creative concepts, but they are also seeking for workable and expandable solutions.
• Startups that fit the following requirements and have a Minimum Viable Product (MVP) are welcome to apply:
  • possesses or creates innovation
  • is not a subsidiary of a corporate entity and has been registered in the nation of registration for the last ten years.

Note: For more information, refer to the Rules tab.

The followings are the domains of 2024 Slingshot:

Transformative Digital Technologies: SLINGSHOT seeks promising startups that can ride the digital wave in Asia. The startups’ areas include:

• Artificial Intelligence / Machine Learning
• Augmented Reality / Virtual Reality
• Big Data
• Blockchain
• Privacy and Security
• 5G

Health and Biomedical: Join the competition if you have disruptive solutions in the following areas:

• Biotech
• Digital Health
• Medtech

Manufacturing, Trade, and Connectivity: Innovative startups in the following areas are welcome to participate:

• Advanced Manufacturing
• IoT and Sensors
• Mobility, Transportation, and Logistics
• Robotics and Automation

Environment, Energy, and Green Technologies: This category is for you if you have a game-changing innovation that tackles the following.

• Agriculture Technology
• Clean Energy
• Renewable and Alternative energy
• Waste Management and Treatment Solutions
• Water and Environment

Consumer Media, Services, and Goods: We are looking for innovative solutions in the following areas:

• Advertising Technology, Content, and Marketing
• Education Technology
• Financial Technology (Insurtech and P2P Lending)
• Food Technology
• Retail Technology (Experiential Retailing)
• Product Personalisation Technologies

How to Apply?

Your startup needs to send in a 10-page PDF that explains:

• Your issue and its resolution
• The total addressable market (TAM) and the market
• Positioning and value proposition
• The approach to market
• Model of business and revenue
• Traction: KPI measurements and benchmarks
• Project 2024–2025
• group demonstration

Apply Now

For more information, please visit the FAQ, or Slingshot website.

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• Driver and Procurement Senior Officer Job Vacancies at UNOPS 2024
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• American Psychological Foundation Dr. Christine Basely Ford Grant (Up to $3,000)
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