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Home»Search by Region»Africa»SLINGSHOT 2023 Global Startup Competition (Over S$1.2 million in prizes + a trip to Singapore)

SLINGSHOT 2023 Global Startup Competition (Over S$1.2 million in prizes + a trip to Singapore)

Opportunity DeskJune 15, 20233 Mins Read
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Deadline: July 17, 2023

Calling all startups: Startup SG is looking for new and innovative startups to compete in SLINGSHOT 2023. Stand a chance to win attractive prizes and anchor yourself in Singapore — one of the world’s top innovation and startup hubs! Consider Singapore as your ideal destination to expand to next.

SLINGSHOT, Asia’s biggest startup competition, is back for its 7th edition, with once in a lifetime investment and networking opportunities. From a prize pool of over S$1.2 million, to collaborating directly with influential pioneers, there are plenty of resources that can bring your team the tools and connections to succeed.

If you’re a startup in one of the five challenge domains, they want you to showcase your game-changing solutions and products. Pitch to a global audience of major investors, accelerators, and corporates, right here in Singapore.

Regardless of where you’re from, this is your opportunity to showcase your innovative solutions and products to major investors and industry leaders!

DOMAINS

Startups are invited to join the challenge under the follow domains:

  • Transformative Digital Technologies 
  • Health and Biomedical
  • Manufacturing, Trade and Connectivity
  • Environment, Energy and Green Technologies
  • Consumer Media, Goods and Services

Benefits

Singapore is a pro-enterprise global trading hub that’s home to many innovative companies, which means that top 50 startups can look forward to a large variety of game-changing benefits:

  • A sponsored trip to Singapore to forge collaborations and potential pilot projects with our partners
  • An exclusive invitation to compete at SLINGSHOT 2023’s Physical Finals, held as part of SWITCH
  • 1 x complimentary SWITCH 2023 exhibition booth to showcase your innovative products and services
  • Eligibility for EntrePass, the working visa for foreign entrepreneurs in Singapore
  • Invitation to Gear Up, a three-day curated workshop with one-to-one pitch coaching and mentorship, valuable networking opportunities, and an introduction to Southeast Asia’s vibrant tech ecosystem
  • A massive prize pool that’s over S$1.2 million

Prizes

  • The Grand Winner of SLINGSHOT 2023 will receive S$200,000 Startup SG grant prize and 18 months’ rent-free space at LaunchPad
  • The 1st Runner-Up of SLINGSHOT 2023 will receive S$150,000 Startup SG grant prize and 12 months’ rent-free space at LaunchPad
  • The 2nd Runner-Up of SLINGSHOT 2023 will receive S$100,000 Startup SG grant prize and 12 months’ rent-free space at LaunchPad
  • Top 10 Global Startups will receive S$50,000 Startup SG grant prize
  • Top 250 Global Startups will get the chance to participate in a SLINGSHOT Corporate Mixer to connect with innovation-ready corporations and embark on co-innovation projects with them.

Eligibility

They are not just looking for brilliant ideas, but most importantly, practical and scalable solutions.

Any international startups with a Minimum Viable Product (MVP) and meet the following conditions are eligible to participate:

  • Can illustrate initial signs of traction;
  • Have proprietary technology or solutions.

Regardless of your business area, all startups are welcome to apply in any domains stated in the SLINGSHOT 2023 Competition:

  • Transformative Digital Technologies
  • Health and Biomedical
  • Manufacturing, Trade and Connectivity
  • Environment, Energy and Green Technologies
  • Consumer Media, Goods and Services

Application

Register on the platform and submit a PDF presentation (10-slides maximum, in English only) with the following details:

  • Your problem/solution
  • Market and total addressable market (TAM)
  • Value proposition and positioning
  • Go-to-market strategy
  • The business/revenue model
  • Traction: KPI metrics & milestones
  • Forecast 2023/2024
  • Team Presentation

Complete your application by 17 July 2023, 23:59 (GMT+8) to participate.

Click here to apply.

For more information, visit SLINGSHOT.

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