Written by: Ban Siang (AY 21/22 Sem 2 Resident and Marcomms Writer)
Reviewed by: Michelle (AY 21/22 Sem 2 Resident Assistant)
One month after the commencement of N-House’s inaugural Circular Economy N-novate Challenge, the programme rose to a crescendo in our finale on 16th March 2022 during the challenge’s Demo Day. After 4 weeks of intense brainstorming and a series of workshops, mentorship sessions and networking, the final teams of the N-novate Challenge were ready to pitch!
The participating teams were issued with the following problem statement: To promote a circular economy, how might we innovate to minimise waste and resource extraction? Their proposals were judged based on four key criteria — innovation, impact, feasibility and investability.
The event was graced by Brian Koh, Director of NUS Enterprise. He was joined by our three distinguished judges: Christina Lee, founder and CEO of Global Green Connect; Sai Surya, founder and CEO of Young Sustainable Impact SEA; and Ho Yuen Ping, associate director of NUS Enterprise and faculty advisor to NUS Social Impact Catalyst.
Congratulations to the winners!
In a highly competitive demo day featuring 8 promising business teams, the following three teams emerged as the overall winners.
- Champion: Mechie D’s
- 1st Runner-up: the moonbeam co.
- 2nd Runner-up: Ups Cycling
Winning teams were awarded a green lane to pitch for the NUS Venture Initiation Programme (VIP) Impact Grant with a seed-funding opportunity of up to SG$10,000, a 3-month incubation space at the Hangar with a further 3 months subject to additional review, as well as comprehensive mentorship support from SDG Openhack.
At the same time, we would also like to thank all of the six remaining teams that participated in the N-House Circular Economy N-novate Challenge — Gogreen, Liquidlist, Kaya Brod, Team Preloved and Ecolo.
Lastly, the organising team has been working tirelessly over the past months and we take this chance to thank them for the successful completion of the challenge. You can also re-watch the event on Facebook at https://www.facebook.com/NHouse.sg/videos/989644965269535
Want to get more updates about N-House? Do follow or subscribe to the following channels or platforms for more updates!
Instagram: @nus.nhouse (https://www.instagram.com/nus.nhouse/)
Facebook: NHouse.sg (https://www.facebook.com/NHouse.sg)
About: Website (https://enterprise.nus.edu.sg/education-programmes/nus-overseas-colleges/nhouse/)