VIPSoC Poster cyborg head 20

If you have an innovative idea for a startup venture, do apply for the Venture Initiation Program@SoC grant!  If awarded, you get a cool $10,000 to work on it further to determine if it can be turned into a real business.

The grant is for one year and is intended for a small team.  While the main applicant needs to be from SoC, other members of the team could be from other schools.  In fact, a team comprising students from different disciplines is encouraged.  A diverse team with complementary skills is a strong team.

For those of you who are thinking about projects in IoT or hardware.  SoC has a well-equipped Makers Lab that you can use for your ideas.  Makers@SoC is located at COM3-01-19.

Eligibility:

- The project must be carried out by the student applicant or team and not be part of a project initiated by a Company.

- The main applicant must remain a student during the one-year duration of the grant.

Applications will be assessed on the following criteria:

  • Is there a competitive or differentiating edge to your innovation?
  • Is your idea unique or something that has been tried before? (see past projects here)
  • Is there a sizable market and a clearly defined initial target market?
  • Does the team have the competencies to deliver?
  • Have you done sufficient research on the market need and competition?
  • Are you able to demonstrate some early prototype? (this would be an advantage)

     

 Closing Date: 31 March 2023

Apply via https://enterprise.nus.edu.sg/funding/nus-venture-initiation-programme/

Before you submit your application, please read application process, eligibility criteria and pitch deck guidelines at this site: https://enterprise.nus.edu.sg/funding/nus-venture-initiation-programme/
Click here for Online Application form 

Kindly ensure your slides are easily downloadable.

Frequently Asked Questions for VIP@SoC.

Here is a list of past winners.