The Lee Kuan Yew Global Business Plan Competition (LKYGBPC) is a biennial university startup challenge in Singapore which is organised by the Institute of Innovation and Entrepreneurship (IIE) at Singapore Management University.
The LKYGBPC derives its name from Singapore’s founding Prime Minister, who developed the country’s defining business plan bringing Singapore onto the global stage. It is this spirit of entrepreneurship, innovation and ambition that the competition enshrines.
Every year, LKYGBPC receives dedicated support from government agencies, corporations, VCs, and Institutes of Higher Learning all around the world. Here are the key outcomes of the 10th edition of the LKYGBPC:
| Overall Statistics | Successful Startups from 10th LKYGBPC |
| Over 850 submissions received (with more than 70% of Top 100 Global universities) 292 ecosystem stakeholders (i.e., judges, mentors, investors) 124 successful meetings between senior venture investors and start-ups during VC Office Hours | Infinity Prize winner raised over USD 4.5 million in late 2021 (Relectrify) Beta Prize winner concluded Series B funding of USD 150 million in 2022 (Iterative Scopes) Finalist from Seoul National University secured USD 10 million of Series A funding in 2022 (Bitsensing) |
For the 11th edition of LKYGBPC, we are returning in 2023 with the theme: Innovations Beyond Boundaries (Phá bỏ giới hạn, Kiến tạo tương lai), where we look at the role of technologies across various industries in solving challenges of the 21st century. Applications have commenced and we would like to cordially invite student/alumni founders from your university to participate.
Selected finalists will receive an all-expense paid trip to Singapore, numerous networking and mentorship opportunities with top VCs, and a shot at a $2 million prize pool (36 tỷ đồng)! We will also sponsor a flight to Singapore during the competition period if your referred start-up is shortlisted as a finalist.
Additionally, our team will be traveling to Vietnam at the end of February to meet the university representatives and startups that are keen to participate in this competition. We would also like to meet with your team to share more and connect with student startups under your wing!
If your team would like to participate in LKYGBPC, do let us know your availability over the next week and we will arrange for a 30-min virtual meeting to discuss possible collaboration opportunities. The competition introduction deck is attached for your further reference and consideration.
Website: https://lkygbpc.smu.edu.sg/competition-info
Download: General Info Deck
