Lee Kuan Yew Global Business Plan Competition
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The Lee Kuan Yew Global Business Plan Competition (LKYGBPC), established in 2001.[1][2][3], is a biennial university startup challenge organized by the Singapore Management University (SMU). The competition is open to students or recent alumni from any university.
Notable past winners include Beijing Based Biomaterials startup Bluepha, which raised a total of US$277M ; Evisort, a law tech startup that raised over US$100M[4], Iterative Health which offers machine learning and computer vision to interpret endoscopic images and solutions for clinical trial optimization and AI documentation. The company has to-date raised US$195 million in funding[5] to date.
The most recent edition of LKYGBPC has been mentioned by Deputy Prime Minister Heng Swee Keat for its role in attracting deep tech startups to Singapore[6][7]. One such startup is PlasticFri from Sweden, the winner of the 11th LKYGBPC. PlasticFri is currently in discussions with NTUC Fairprice to pilot their products in Singapore.[8] The global funding winter contributed to rising popularity of the competition in Asia.[9]
References[edit]
- ↑ "Singapore Management University Launches Lee Kuan Yew Global Business Plan Competition". Singapore Management University. 24 October 2001.
- ↑ Goh, Daniel (11 January 2010). "Lee Kuan Yew Global Business Plan Competition 2010". Young Upstarts.
- ↑ "Mr Sam Tan at the Lee Kuan Yew Global Business Plan Competition Awards Dinner, 8 July 2010". Ministry of Trade and Industry Singapore.
- ↑ Sternlicht, Alexandra. "AI Contracts Provider Evisort Raises $100 Million To Reimagine Legal Docs". Forbes. Retrieved 2024-05-31.
- ↑ Burky, Annie (23 January 2023). "Iterative Health, Gastro Health partner over AI-enabled GI care and precision medicine R&D". Fierce Healthcare. Retrieved 19 December 2023.
- ↑ Swee Keat, Heng (November 2023). "DPM Heng Swee Keat at the RIE Industry Day 2023".
- ↑ Goh, Timothy (2023-09-11). "Singapore can be a trusted node for technology and innovation: DPM Heng". The Straits Times. ISSN 0585-3923. Retrieved 2024-05-31.
- ↑ K, Claudia (2024-04-15). "This Swedish greentech startup won the LKY biz competition, now has plans to expand here". Vulcan Post. Retrieved 2024-05-31.
- ↑ "Singapore attracts Western early-stage startups despite funding winter". Nikkei Asia. Retrieved 2024-05-31.
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