The Ideas.Inc. Business Challenge is a unique competition that brings together a powerful combination of funding support and expert mentorship for aspiring young entrepreneurs.

By giving participating teams early-stage capital and mentoring advice, the competition speeds up the commercialization of innovative new products and services from idea to market.

Launched in 2009, its ultimate goal is to foster a pool of talented market-savvy young business people with innovative new businesses that have strong competitive advantage, scalable IP and market potential beyond Singapore.

Organized by the Nanyang Technopreneurship Center and SPRING Singapre, the nationwide competition provides the following funding and cash prizes for innovative business ideas:

1. Ideas Development Fund
   Each ideas will receive up to $15,000 to develop it further into a prototype or service mechanisms. The funding also covers for investigation of market readiness and commercial viability of the idea.
2. Commercialization Fund
   Successful grand-finalists will receive a matching fund of up to $50,000 to commercialise their product or service.

Cash Prizes
Canon's Most Innovative Startup Award : S$10,000
Ideas.inc. Most Technologically Driven Award : S$10,000
Ideas.inc. Most Socially Responsible Startup Award : S$10,000

The Top Incubation Award (for 3 startups) : S$100,000 each

 To find out more, visit the Ideas.Inc. website at www.ntu.edu.sg/ideasinc.

• Entrepreneurship & Innovation Week

• The Chua Thian Poh Annual Distinguished Speaker Series

• Junior World Entrepreneurship Forum

• New Media and Entrepreneurship Seminar

• Global Entrepreneurship Week