SUSS SBIZ Business Plan Competition 2022


About

In line with Singapore’s national drive to forge sustainable development in the digital era, as well as Singapore University of Social Sciences’ (SUSS) core values of Innovation for Excellence and Passion for Community, we are organising a business plan competition to promote awareness on sustainability and digital entrepreneurship. This year’s competition takes into consideration two core aspects of Singapore’s development: (1) pursuing novel initiatives that promote sustainable development, and (2) harnessing the digital economy.

Participants should thus analyse how they can leverage digital business solutions to enhance sustainable living and development (broadly defined, covering environmental, economic and/or social dimensions) in Singapore. Especially for students from junior colleges, polytechnics and the Millennia Institute, this competition hopes to encourage and motivate students to not only be entrepreneurial, but also socially responsible, digitally savvy and perceptive of the broader complex environment. Shortlisted teams will have the opportunity to showcase their plans during the finals of the competition.

All submissions must be prepared in English. For the submission requirements and guidelines, please click here.

 

 

Some Key Points about the Competition

  1. Each participating team must have at least 2 (two) members and at most 4 (four) members, who are from the same institution, either part-time or full-time. Participants must be students of their respective institutions when they register for the Event.

     

  2. Each institution may send more than one team to participate in the Event.

     

  3. Registration for the Event will open on 11 February 2022 at 9:00 am and close on 29 April 2022 at 11:59pm.

     

  4. Each team will be required to produce a creative business plan using various business concepts, models and visual aids for the final submission and/or presentation (only selected teams need to present their business plans). The business plan must be original and not have been submitted to another competition or previous editions of this Event.

  5. Information on the Event guidelines, judging criteria and other relevant updates will be announced here.

     

  6. Participating teams must submit their business plan between 11 February 2022 at 9:00am and 03 June 2022 at 11:59pm via the submission webpage here.

     

  7. The Event Terms and Conditions shall apply to all participating teams and can be read here.

     

  8. The results of the shortlisted teams will be announced on the Event website by 04 July 2022.

     

  9. The Event finals will be conducted live online via Zoom on 23 July 2022 (3:00pm to 6:00pm). Please refer to the updates on this page.

Prizes

Finalists are eligible for provisional offer of admission into the full-time Bachelor of Science in Marketing with Minor programme at SUSS (terms and conditions apply).

First prizeSGD$2,200 worth of shopping vouchers
Second prizeSGD$1,500 worth of shopping vouchers
Third prizeSGD$1,000 worth of shopping vouchers
Fourth and Fifth prizesSGD$250 each worth of shopping vouchers
Five Consolation prizesSGD$100 each worth of shopping vouchers

All finalists will also receive a Certificate of Merit.
All participants will receive a Certificate of Participation.

Important Dates

Registration Open11 February 2022, 9.00am
Registration Close29 April 2022, 11.59pm
Submission Open11 February 2022, 9.00am
Submission Close03 June 2022, 11.59pm
Notification of Shortlisted TeamsBy 04 July 2022
Final Presentation (online via Zoom)

23 July 2022, 3.00pm - 6.00pm
* registration starts at 2.45pm


All participants are HIGHLY ENCOURAGED to attend the Final Presentation.

For more information, please contact the organisers at [email protected].

[ Terms and Conditions ]  [ General Information ]

The organiser reserves the right to make changes to the event without prior notice.

Winning Teams

First prize

Team Boing from St Joseph’s Institution with their business plan to create and promote efficiency through the streamlining of logistics for surplus food across various enterprises by establishing an online commerce platform for sellers and buyers.

Second prize

Team KaPaw&Co from Singapore Polytechnic with their business plan to produce upcycled food for paws using discarded food waste and sell the products through convenient e-commerce platforms.

Third prize

Team 1 from Hwa Chong Institution (College) with the idea of establishing an F&B enterprise to reduce food wastage by developing an innovative app with multiple features and functionalities.

Fourth prize

Team Más vale maña que fuerza from St Joseph’s Institution with their business plan focusing on reducing the parasitic load in a house using infrared sensors to enhance sustainable development living with lower greenhouse emissions.

Fifth prize

Team Level One from Nanyang Polytechnic with their business plan on clothing production with the application of advanced technologies to achieve environmental sustainability.


Besides the top five winning teams, five teams were awarded consolation prizes for their quality business plans. Heartiest congratulations to all the winning teams and thank you to all teams for participating in the third SUSS SBIZ Business Plan Competition 2022!

Find more details here

Organising Committee Members

Chair:
Associate Professor Huong Ha, Head of Business Programme

Members:
Dr Pan Zhengqi, Senior Lecturer, Business Programme
Dr Ng Boon Yuen, Senior Lecturer, Business Programme
Dr Yuan Xuchuan, Senior Lecturer, Business Programme
Dr Cao Jieqiong, Lecturer, Business Programme
Dr Tan Tsiat Siong, Lecturer, Business Programme
Ms Joey Chua Fang Ling, Executive, School of Business

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