Business Plan Submission

Each team must submit their business plan via email by 2 April 2023, 2359hrs.

The business plan should include a Pitch Deck, which consists of 10 slides.

Introduction to the Business Model Canvas

Students are encouraged to come up with innovative and creative solutions based on the following problem statements or a problem of their choice.

Automated flood monitoring system

Use of computer vision technology to develop an automated flood monitoring system using flood event images from different visual platforms, such as opportunistic CCTV cameras, UAV with remote sensors and crowdsourcing data from citizens smartphones and social media postings to facilitate data acquisition during flood events. The flood monitoring system should be able to monitor and provide information on:

Flood levels, extent of flood and its development with time,
Velocity and duration of surface flows

Sludge Reduction and Resource Recovery

This should be aligned with the national interest of reducing the amount of waste sent to the landfill, i.e. from 0.16 kg dry solids/m3 used water to 0.11 kg dry solids/m3 used water.

Improving upstream organic capture process
Increase volatile solids (VS) destruction and increase biogas generation for Anaerobic Digestion (AD)
More energy efficient nutrient removal process
Upcycling PUB’s waste streams into higher value products (e.g. Sustainable Aviation Fuel, Biodiesel, Bioplastics, etc.)
Cost effective methods for phosphate recovery in liquid form

Future-Proof Membrane Technology for Reducing Energy Consumption and / or Enhancing System Efficiency

Lowering the overall cost of seawater desalination – this should be aligned with the national interest of reducing the energy for desalination, i.e. <2 kWh/m3 desalination energy at system level
Working towards 95% used water treatment energy self-sufficiency

The pitch deck should include the following key points:

1. Introduction

Tell people who you are and why you’re here (e.g. Project Team/Company name).

What is the significance of your team’s name?

2. Opportunity / Problem(s)

Identify 1 to 3 problems that will be helped by the proposed offering, service, product, experience, etc.

What pain are you alleviating or what pleasure are you providing?

3. Value Proposition & Solution

Explain the value of the pain you alleviate or the value of the pleasure you provide.

Present a clear and concise solution and how it works.

4. Underlying Magic and Demonstration

Describe the technology, secret sauce, or magic behind your solution. The less text and the more diagrams, schematics, and flowcharts the better.

If you have a prototype or demo, this is the time to “show, not tell”. Show off how the actual solution of your business works. (e.g. short video demo, product or service prototype demonstration, etc.)

5. Business Model

Use Yves Pigneur and Alex Osterwelder’s Business Model Canvas to explain how your business works.

Highlight the parts you want to focus on.

6. Target Audience & Market Size

Who are they? What psychometric data have you uncovered? What insights did your team distill? What are their pains? What are their gains? What are their jobs-to-be-done? What are their challenges?

What is the market size and opportunity in measurable numbers?

7. Competition

Define who your nearest competitors are and why you are different.

Provide a complete view of the competitive landscape.

8. Team

Explain how each team member brings a different dimension to form the best possible team for this new business solution.

Note that it is ok if your team is not perfect. If it were, you would not be pitching for resources and funding.

9. Financials and “Go to Market” Plans

Show that you have the financial knowledge to reach your goals.

Explain in detail how you are going to reach your customer without breaking the bank.

Focus on the growth, major goals, and next steps of your business.

10. Investment and use of funds

What amount of funding are you asking for?

Tell investors what you need from them and why?