IIE Singapore Announces Finalists of 11th “Revolutionary 50” Lee Kuan Yew Global Business Plan Competition – VISI.NEWS

VISI.NEWS | SINGAPORE – The Institute of Innovation and Entrepreneurship (IIE), Singapore Management University, today announced the finalists of the “Revolutionary 50” (RVLT50). The RVLT50 finalists will present innovations that have the potential to change the world before a panel of judges at the Lee Kuan Yew Global Business Plan Competition (LKYGBPC) Finals Week, taking place from 11-15 September 2023 in Singapore.

With the theme “Innovations Beyond Boundaries – Reimagining a Smart, Sustainable & Resilient Future”, this competition challenges young startup founders to answer global challenges through innovation and entrepreneurship in the form of advanced technology solutions.

The number of innovative works registered at the 11th LKYGBPC successfully broke the record, namely 1,000 works. This number increased by 20% from the 10th LKYGBPC. So that the number of ideas and human resources taking part in this event is more diverse, the RVLT50 finalists now include 55 student teams from all over the world.

LKYGBPC focuses on five areas: Urban Solutions & Sustainability; Manufacturing, Trade & Connectivity; Health and Human Potential; Smart Nation and Digital Economy; and Media & Entertainment. Among these categories, finalists from the Urban Solutions & Sustainability category dominated this competition, contributing 25 of the 55 finalists (45%).