SINGAPORE, Sept. 11, 2023 /PRNewswire/ — The Yangtze Delta Region Institute of Tsinghua University, Zhejiang (YIT), is delighted to unveil the YIT Haina Innovation Prize at the prestigious Lee Kuan Yew Global Business Plan Competition in Singapore. With S$100,000 in cash and another S$100,000 in-kind, this extraordinary prize seeks to revolutionize the sectors of manufacturing, AI, and robotics through a focus on sustainable development.
YIT is an innovation hub committed to leveraging global technology and attracting worldwide innovators to foster technological innovation, expert cultivation, and high-tech industrialization. In Asian culture, the term ‘Haina’ represents the embrace of innovators. YIT’s Haina Innovation Prize is an embodiment of this spirit, designed to connect visionary projects with the capital, market, and industry.
YIT are looking for exceptional teams willing to collaborate with YIT in R&D or partnership. This prize is more than just financial support; it’s an opportunity to be part of a broader ecosystem that places a premium on technological innovation and sustainability. YIT provides support to start-up projects in terms of technological collaboration, technical training, global expansion, procurement services, talent acquisition, supply chain expansion, financing and investment, and venue support, etc.
Furthermore, YIT has set up an offshore incubator in Singapore, aiming to be a launchpad for entrepreneurial projects and technology innovators worldwide. This strategic location facilitates easy access to startups and entrepreneurial talents not just in Southeast Asia but globally. In addition, YIT has 10 global incubators located in United States, United Kingdom, Germany, Australia, and Japan.
The Lee Kuan Yew Global Business Plan Competition, occurring from September 11 to 14, is highly anticipated. Though registration has closed, the excitement is palpable as teams prepare to compete for this transformative prize. This unique collaboration between YIT and the competition signifies a profound commitment to bolstering global entrepreneurship.
Stay tuned to find out who will be awarded the esteemed SGD 200,000 prize and the exclusive opportunity to scale their business.
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