This challenge is open globally to professionals, startups, SME’s and large corporates
COVID-19 is a pandemic that has just exposed the weakest points in every country, including Singapore. Beyond its immediate impact on health outcomes and, tragically, human lives – the coronavirus outbreak is also very likely to have long-lasting economic and social impacts stemming from the direct and indirect effects of illness. Reduced trade and economic activity have left some of the most vulnerable social groups without jobs, incomes while faced with rising costs of everyday essentials as well as medical supplies. Schools have been shut and services have been suspended.
While the first few months have been focused on managing the spread of the disease at the cost of the economy and society – it is now time focus be quickly returned to mitigating negative impacts on the most vulnerable in the short and medium-terms. Without immediate intervention to curb this shock, the social costs of this outbreak would be drastic and irreversible.
But together, we can get through this. And together, we can innovate to make a difference.
To support the community in co-creating impactful and lasting solutions in these troubled times, IMDA, The National Volunteer & Philanthropy Centre, Golden Energy and Resources, GlobalSign.In and ABM Media are coming together to bring you the COVID-19 & Beyond – Innovation For Social Good challenge.
This Challenge is open and offered solely to:
● Individual Professionals. Individuals aged eighteen (18) years and/or with full legal capacity at the time of registration.
● Company. A business entity, regardless of its business area. Startups may be required, in Sponsor’s sole discretion, to provide proof of (i) company registration by submitting a registration certificate issued within the last three (3) months, or ongoing company registration, or any trade registry and proof ensuring the registration of the entity in the relevant country, and (ii) a valid professional insurance policy subscription.
All the documents that may confirm the Participant’s eligibility will be required prior to awarding any prizes (e.g. identity document, student card, etc.).
This Challenge is not open to: employees and representatives of the Sponsor, Agorize employees and members of their families.
This Challenge is void in countries where it is prohibited or restricted by law.
Challenge Rounds. The Challenge consists of several rounds:
● Application Phase. Deliverables will be accepted from 6 May 2020 1100 GMT+8 to 5 June 2020 1600 GMT+8.
● Evaluation Phase. Deliverables will start from 8 June 2020. At the end of this Round, winning Deliverables will be selected to proceed to the Development Phase.
● Development Phase. Participants are to be connected with the Sponsor to develop the social impact solution.
Deliverable. If a Participant does not upload a Deliverable on the Challenge website before the deadline, this will be considered as a withdrawal from the Challenge. The Participant may not join the Challenge, and may not obtain any compensation from the Sponsor.
Selection Criteria. Deliverables will be judged according to the Selection Criteria, described below. You agree and acknowledge that the Challenge relies on your creativity, capacity, ability, and ingenuity to solve difficult problems. The Challenge does not depend, even partially, on chance or luck, and therefore should not be considered as a lottery. Under no circumstances are factors such as appearance, religion, membership in a trade union, political opinions or sexual orientation considered.
Notification to Participants. Once the selection has been completed, Participants will be notified by email, phone, or by other means, at Sponsor’s discretion, of the results of each Round. The Sponsor will be free to alter the dates on which results are released should this become necessary due to the number of projects to be assessed. The ranking decided by the final jury will be announced on the day that presentations are made and will identify the Participants that are finalists.
the winner(s) will receive the following:
• SG $15,000 of prize money for each challenge’s winner (see Award model)
• Award Model
- 30% of the prize money will be awarded to each selected finalist at the start of the prototype development process, with the remainder 70% to be awarded during the prototype development process, based on milestones agreed between the Sponsor and the Participant.
- Note that a finalist who is selected to undertake the prototype development process will be required to enter into an agreement with the Sponsor that will include more detailed conditions pertaining to the prototype development.
• Opportunity to work with the social community on tackling this issue
• Be connected with Sponsors to develop this social impact solution
For more details,please visit https://covid.openinnovation.sg/en/challenges/beyond-covid-19