OVER 10 YEARS OF IGNITING START-UPS
Started in 2009, ideasinc evolved from a business plan competition for Nanyang Technological University (NTU) students, to a start-up challenge program which is open to every youth in Singapore.
ideasinc strives to be a major partner in the nation’s effort to promote and develop an entrepreneurial environment that will bring about significant economic and social development in Singapore through the success of homegrown enterprises and also a platform for job creations and imparting of entrepreneurship skillsets.
11 Runs
SINCE 2009
> 10,000
PARTICIPANTS
>100
FINALIST TEAMS
INCORPORATED
30 New
COMPANIES
IDEASINC 2020
From solely youths, ideasinc 2020 was opened nationwide.
The theme of ideasinc 2020 is in line with the United Nations Sustainable Development Goals. Participating teams had to propose solutions to solve challenges in the areas of crisis prevention, building cities of resilience, and environmental sustainability.
90 Teams joined us and underwent different stages of training and mentorships in 5 months to not only help them gain an edge in the challenge but ultimately build a successful company.
FINAL PRESENTATION DAY
Ten teams competed in the ideasinc 2020: Final Presentation Day held on 10 Oct 2020 at the NTU Innovation Centre, with limited capacity and precautionary measures against COVID-19. Audience members were able to watch the event live via Zoom.
WINNERS: MAGORIUM
CHALLENGE 5: Build a zero waste nation
MAGORIUM’s technology exists as an effective plastic waste recycling solution by converting it into road additives.
RUNNER UP: INSECT FEED TECHNOLOGIES
CHALLENGE 5: Build a zero waste nation
Insect Feed Technologies is an insect farming company that farms black soldier flies (BSF) as a sustainable source of protein to feed animals.
SECOND RUNNER UP: MO BATTERIES
CHALLENGE 8: Reduce carbon emissions in transport or buildings
MO Batteries wants to make an electric vehicle future for Singapore a reality.
