
Lee Kuan Yew Beta Prize

The Lee Kuan Yew Beta Prize is dedicated to supporting nascent-stage startups with bold ideas that have the potential to create transformative impact. As part of the Lee Kuan Yew Global Business Plan Competition (LKYGBPC), this prize recognizes and empowers early-stage entrepreneurs who are tackling pressing global challenges through deep-tech and innovation.

Lee Kuan Yew
Beta Prize
S$100,000 Cash Prize
Who Is It For?
This prize is designed for:
- Early-stage startups and university spin-offs that are in the ideation, prototype, or pre-commercialization phase.
- Innovators working on disruptive solutions in deep technology, sustainability, artificial intelligence, quantum computing, healthcare, and emerging fields.
- Visionaries looking for critical support to turn their groundbreaking ideas into viable businesses
Why It Matters
Many early-stage startups struggle with funding gaps, market entry barriers, and lack of mentorship. The Lee Kuan Yew Beta Prize bridges this gap by offering a launchpad for breakthrough ideas, ensuring they receive the support needed to achieve real-world impact.
Past Winners
(9th, 10th and 11th Editions)
The Lee Kuan Yew Beta Prize is not just an award—it’s a catalyst for game-changing innovation. Apply now and take your startup to the next level.
A/Professor Cher Heng Tan graduated with MBBS (Singapore) and FRCR (UK). He completed his Abdominal Imaging Fellowship at MD Anderson Cancer Center, and thereafter, Executive MBA from Insead. He is presently Senior Consultant with the Department of Diagnostic Radiology at Tan Tock Seng Hospital, where he also serves as Assistant Chairman Medical Board (Clinical Research and Innovation).
Jixun Foo is a senior managing partner at Granite Asia. He leads the firm’s overall investment strategy and portfolio management.

Mr Lee Kuan Yew
First Prime Minister of Singapore
The Global Stage for Next-Gen Innovators
Inspired by one of the world’s most visionary leaders, the Lee Kuan Yew Global Business Plan Competition (LKYGBPC) is one of Asia's most globally representative and exciting deep-tech startup challenges. Every two years, our pitch competition lights up a global stage for next-gen founders to showcase their groundbreaking innovations and connect with the world, fueling their growth.
Powered by Singapore Management University’s Institute of Innovation and Entrepreneurship (SMU IIE), we have fostered a global youth innovation village and launched countless successful ventures solving real-world challenges since 2002.
The 12th LKYGBPC is bringing together next-gen innovators addressing the most pressing global challenges in Urban Solutions & Sustainability.
Why Founders Join LKYGBPC
- Leverage Singapore’s edge in innovation, startup-friendly policies and top talent
- Connect with leaders shaping Southeast Asia’s market of 700M consumers
- Pitch to investors in Singapore’s thriving hub of 200+ VC funds and family offices
- Join a deeptech peer learning network of founders from world's top 100 universities
- Receive 1:1 mentorship from C-suite executives
- S$2.5M+ in prizes and counting
- Exclusive opportunity to join the soon-to-launch LKYGBPC accelerator














12th LKYGBPC Advisory Committee

Shirley Wong
Entrepreneur-in-Residence, SMU Institute of Innovation & Entrepreneurship & Managing Partner
TNF Ventures Pte Ltd

Jixun Foo
Senior Managing Partner
Granite Asia

David Golding
Head of Global Innovation Partnerships
Innovate UK

Lim Eng Hwee
Chief Executive Officer
Urban Redevelopment Authority (URA)

Lim Teck Kiat
Deputy Secretary (Resilience)
Ministry for Sustainability and the Environment

Prof Shlomo Magdassi
Professor of Chemistry
Hebrew University of Jerusalem

Jacqueline Poh
Chief Executive Officer
JTC Corporation

Cher Heng Tan
Group Chief Research and Innovation Officer
National Healthcare Group
12th LKYGBPC Mentors
12th LKYGBPC Category Judges

Dr LEE Shiang Long
Group Chief Technology & Digital Officer Chief Technology Officer, Defence & Public Security
ST Engineering

NG Huck Hui
Assistant Chief Executive, Research and Talent Development
Agency for Science, Technology and Research (A*STAR)

Jonathan CHENG
Chief Technology Officer
Building and COnstruction Authority (BCA)

Mario Fernandez
Vice President, Head of Catalyst
Breakthrough Energy

Frank T. ROTHAERMEL
Regents’ Professor, McDonough Chair, & Sloan Industry Studies Fellow
Georgia Institute of Technology

Cyril EBERSWEILER
General Partner at SOSV and the Founder/MD of HAX

Benjamin SWAN
Founder / CEO
BECO Ventures

Prof Reginald TAN
Executive Director, Science and Engineering Research Council
Agency for Science, Technology and Research (A*STAR)

Daniel TAY
Vice President, Emerging Technology
Temasek

Dr. Claus RETTIG
President Asia Pacific, Associate Member of the Executive Board
Evonik Industries AG

TAN Cher Heng
Group Chief, Research and Innovation
NHG Health

Karen NG
Chief of Staff
ENGIE Southeast Asia

Catia CESARI
Managing Partner
Volta Circle

Prof. YEOH Lean Weng
Chief Sustainability Officer
Agency for Science, Technology & Research (A*STAR)

Sugandhi Matta
Chief Impact Officer
abc IMPACT

Prof. Ralph EICHLER
Professor Emeritus
ETH Zurich, Switzerland

Rowena Yeo
Global Chief Technology Officer and SVP, Technology Services
Johnson & Johnson

Yiran LU
Vice President of Investment
Granite Asia

David Golding
Head of Global Innovation Partnerships
Innovate UK
Stories

Powering Climate Progress By Piloting Innovation Through Collaboration
Published onA prototype does not save the planet. A working pilot might. This stark truth underlies one of the great challenges in the fight against climate change: it’s not enough to invent a clever new climate solution in a lab – we must prove it works in the real world, at scale, and fast. As global temperatures rise and climate impacts accelerate, we have no time or capital to waste on innovations that never leave the drawing board. Every year, governments and companies announce bold sustainability targets, yet the gap between ambition and action yawns wide. Bridging that gap means turning prototypes into pilots, because only then can promising ideas translate into tangible emissions cuts.

Global Collaboration That Brings Together Green Innovation and Urban Solutions
Published onAsia’s approach to sustainability can be traced to a unique interplay of strategic policy continuity, high-impact demonstration projects, and robust supply chains. Beyond progressive policies, Asia’s integrated manufacturing ecosystems and surging green finance industry, such as China’s Emissions Trading System (ETS) and Singapore and Hong Kong–based climate bonds, have accelerated clean innovation, from lab-based prototypes to mass-market deployment. For sustainability-focused startups, this confluence of regulatory clarity, industrial depth, and investment exuberance positions Asia as the launchpad for globally relevant solutions.
11th LKYGBPC Statistics
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