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	<title>60 Rising Stars to Compete in Singapore at SMU’s Lee Kuan Yew Global Business Plan Competition Archives - Fog Blogs</title>
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		<title>60 Rising Stars to Compete in Singapore at SMU’s Lee Kuan Yew Global Business Plan Competition</title>
		<link>https://www.fogblogs.com/60-rising-stars-to-compete-in-singapore/</link>
		
		<dc:creator><![CDATA[Leonard Antonio]]></dc:creator>
		<pubDate>Tue, 26 Aug 2025 13:54:27 +0000</pubDate>
				<category><![CDATA[Business & Tech]]></category>
		<category><![CDATA[News & Events]]></category>
		<category><![CDATA[60 Rising Stars to Compete in Singapore at SMU’s Lee Kuan Yew Global Business Plan Competition]]></category>
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					<description><![CDATA[<p>Fogblogs &#124; SINGAPORE – Singapore is gearing up to host 60 of the world’s most promising young innovators as finalists for the 12th Lee Kuan</p>
<p>The post <a href="https://www.fogblogs.com/60-rising-stars-to-compete-in-singapore/">60 Rising Stars to Compete in Singapore at SMU’s Lee Kuan Yew Global Business Plan Competition</a> appeared first on <a href="https://www.fogblogs.com">Fog Blogs</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p class="wp-block-paragraph"><a href="https://www.fogblogs.com">Fogblogs</a> | <strong>SINGAPORE – </strong>Singapore is gearing up to host 60 of the world’s most promising young innovators as finalists for the <strong>12th Lee Kuan Yew Global Business Plan Competition (LKYGBPC)</strong>, organised by the Singapore Management University (SMU) Institute of Innovation and Entrepreneurship (IIE). The biennial event, taking place from <strong>September 29 to October 2, 2025</strong>, arrives with record-breaking global participation and a prize pool exceeding <strong>S$2.5 million</strong>, making it one of the largest university-led startup competitions in Asia.</p>



<p class="wp-block-paragraph">This year’s milestone edition aligns with <strong>Singapore’s 60th year of independence (SG60)</strong>, giving the event added symbolic weight as the city-state reflects on its transformation while spotlighting the next generation of changemakers.</p>



<h3 class="wp-block-heading"><strong>A Global Stage for Urban Solutions and Sustainability</strong></h3>



<p class="wp-block-paragraph">The 2025 competition focuses on <strong>Urban Solutions and Sustainability</strong>, tackling some of the most urgent global challenges. Finalists are pitching breakthroughs that could redefine industries: airless wheels based on NASA technology, transistors that slash data centre energy use by 30 percent, bioplastics tough enough to rival petroleum-based plastics, on-demand hydrogen production at sea, and even self-healing concrete for greener construction.</p>



<p class="wp-block-paragraph">“This year we saw a <strong>57 percent surge in applications</strong>, with more than <strong>1,500 submissions from 1,200 universities across 91 countries</strong>,” said <strong>Shirley Wong</strong>, Entrepreneur-in-Residence at SMU IIE and Chairperson of the LKYGBPC Advisory Committee. “The rise in entries from Asia—up 70 percent—reflects Singapore’s growing reputation as a gateway to Asia and a global innovation hub.”</p>



<h3 class="wp-block-heading"><strong>AI-Powered Startup Discovery</strong></h3>



<p class="wp-block-paragraph">For the first time, LKYGBPC has pioneered an <strong>AI-driven evaluation system</strong> called the <strong>DueAI<img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2122.png" alt="™" class="wp-smiley" style="height: 1em; max-height: 1em;" /> Challenge</strong>. Fourteen independent AI models screened startup applications in parallel with assessments by <strong>220 human judges from 46 countries</strong>, enhancing scalability and objectivity in selecting the most promising ventures.</p>



<p class="wp-block-paragraph">“This initiative shows how AI can transform entrepreneurial evaluation and investment processes,” said <strong>Dr. Sze Tiam Lin</strong>, Senior Licensing Advisor at SMU IIE. “It doesn’t replace human judgment but amplifies it—helping identify disruptive startups faster and more accurately.”</p>



<h3 class="wp-block-heading"><strong>More Than a Competition</strong></h3>



<p class="wp-block-paragraph">Grand Finals Week at SMU’s city campus promises more than high-stakes pitching. Finalists will engage in <strong>closed-door roundtables with Asia’s most influential business families</strong>, attend mentoring sessions, and participate in the <strong>Talent Exchange</strong>—a new segment connecting Singaporean students directly with startups from elite universities including <strong>Harvard, ETH Zurich, Tsinghua University, and the University of Tokyo</strong>.</p>



<p class="wp-block-paragraph">The week culminates with <strong>Blaze Mixer Night</strong>, an open youth-driven event where Singapore’s next generation can meet and network with the world’s rising founders.</p>



<p class="wp-block-paragraph">For finalists like <strong>Evangelos Moschos</strong>, CTO of France-based OceanTech startup <em>Amphitrite</em>, Singapore’s role as a global hub is a key draw. “Singapore is the world’s busiest transshipment hub, and through this competition we gain access to investors, government agencies, and potential research partners. We’re also eager to hire local talent and expand across Asia from here.”</p>



<h3 class="wp-block-heading"><strong>Partnerships Fueling Innovation</strong></h3>



<p class="wp-block-paragraph">This year also marks the entry of <strong>A*STAR as the competition’s first official Scientific Knowledge Partner</strong>, adding research firepower to the ecosystem. Industry leaders are backing category awards that reflect urgent priorities:</p>



<ul class="wp-block-list">
<li><strong>Zhang Fan Global AI Initiative Award</strong> – empowering AI-driven startups.<br></li>



<li><strong>Future of Sustainable Materials Award</strong> by Indorama Ventures – spotlighting next-generation material science breakthroughs.<br></li>



<li>Venture Capital firms such as <strong>Antler, TRIREC, and Wavemaker Partners</strong> – supporting sustainability and deep-tech founders with catalytic funding.<br></li>
</ul>



<p class="wp-block-paragraph">“We’ve supported the competition for years because it attracts bold founders solving meaningful problems,” said <strong>Paul Santos</strong>, Managing Partner of Wavemaker Partners. “LKYGBPC reinforces Singapore’s role as a global entrepreneurship hub.”</p>



<h3 class="wp-block-heading"><strong>Building on a Legacy</strong></h3>



<p class="wp-block-paragraph">Named after Singapore’s founding Prime Minister <strong>Lee Kuan Yew</strong>, the competition honours his entrepreneurial vision that propelled Singapore onto the global stage. It has since grown into a magnet for young disruptors eager to reimagine the future.</p>



<p class="wp-block-paragraph">As Ms. Wong summed up: “Bringing 60 of the brightest startups to Singapore during SG60 and the Formula 1 Singapore Grand Prix creates a convergence of global attention. This isn’t just a competition—it’s a launchpad for technologies and founders that will shape the world for decades to come.”</p>



<h3 class="wp-block-heading"><strong>Sources:</strong></h3>



<p class="wp-block-paragraph">LKYGBPC official site:<a href="https://smu.sg/lkygbpc"> smu.sg/lkygbpc</a></p>



<p class="wp-block-paragraph">Singapore Management University (SMU) Institute of Innovation and Entrepreneurship press release, Aug 11, 2025<br></p>
<p>The post <a href="https://www.fogblogs.com/60-rising-stars-to-compete-in-singapore/">60 Rising Stars to Compete in Singapore at SMU’s Lee Kuan Yew Global Business Plan Competition</a> appeared first on <a href="https://www.fogblogs.com">Fog Blogs</a>.</p>
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