Alibaba Cloud-SUSS Programme

Ngee Ann Kongsi - SUSS Impact Grant

The Ngee Ann Kongsi - SUSS Impact Grant was established in 2022 to encourage and inspire entrepreneurial students to work on startup ideas and promote social entrepreneurship and entrepreneurship in Gerontology (Geron-preneurship).

About the Grant

At SUSS, we take pride in offering applied knowledge to our students as we believe in "Education and Applied Research for Social Good" and in "Transforming Society through Applied Social Sciences".  

There will be two applicant tracks for the Ngee Ann Kongsi - SUSS Impact Grant:

  1. Gerontology
  2. Social Impact

Grant Details

  • $25,000 of equity-free funding
  • Funding will be disbursed in two tranches
  • Up to 6 qualifying startups per track

 

 

Eligibility

  • The team consists of one SUSS Student (Full Time, Part Time, CET or Alumni) who has completed at least 3 months of the Venture Builder Programme.
  • The team consists of a minimum of 2 co-founders.
  • Idea should be Gerontology or Social Impact related.

 

Deliverables

Each awarded team is required to submit a progress and expenditure report prior to disbursement of the second tranche. This includes:

  • Key Lessons
  • Actions taken
  • Milestones achieved
  • All major expenditure including but not limited to capital, manpower and operation costs

How to Apply

To apply for the Ngee Ann Kongsi - SUSS Impact Grant, the team is required to submit the following:

1. Pitch Deck, which must minimally include:

  • Value Proposition and Business Idea
  • Market size and potential
  • Marketing and sales strategy
  • Proposed revenue models
  • Management team and accompanying advisors/mentors/support
  • Sustainable competitive advantage/differentiation
  • Social Impact
  • Team Overview
  • Proposed utilisation of the S$25,000 NAK-SUSS Impact Grant, if awarded
  • Photos/videos of product prototype

2. Introduction Video (in .mp4 format) of no more than 3 minutes, including:

  • Who you are/What your team is about
  • Your idea and its relevant impact in a selected social impact area or Gerontology field
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