Indorama Ventures Future of
Sustainable Materials Award
In partnership with a global innovator driving sustainable material solutions and circular value creation, the Lee Kuan Yew Global Business Plan Competition (LKYGBPC) proudly presents the Indorama Ventures Future of Sustainable Materials Award—a S$125,000 prize designed to propel visionary startups redefining material innovation.
Future of Sustainable
Materials Award
S$125,000 Cash Prize
Who Is It For?
We are looking for Asia-focused ventures leveraging breakthrough technologies at Technology Readiness Level (TRL) 3 or higher, backed by a compelling minimum viable product (MVP) or proof-of-concept, with the potential to disrupt and transform entire industries.
Areas of Interest
- Sustainable Fibers & Polymers
- Bio-Based Feedstocks & Building Blocks
- Advanced Recycling & Circular Solutions
- Green Surfactants & Specialty Chemicals
- Low-Emission Processes & Infrastructure
Why It Matters
If your cutting-edge solution harnesses sustainable chemistry to forge innovative bonds that give materials new life—integrating eco-efficient, circular, and resource-responsible approaches to tackle critical challenges in material sciences—we want to hear from you.
By providing essential resources, global exposure, and expert mentorship, the Indorama Ventures Future of Sustainable Materials Award is committed to accelerating game-changing ventures that will define a cleaner, more sustainable future. If you’re ready to create measurable impact and reimagine the possibilities in materials innovation, we invite you to apply.
VISIONARY PARTNER
Indorama Ventures is a global leader in sustainable chemicals, operating across 117 locations in 31 countries with strong market positions in Asia-Pacific, Africa, Europe, and the Americas. The company's diversified segments—Combined PET and Packaging, Indovinya, and Fibers—serve industries such as food & beverage, automotive, pharmaceuticals, textiles, personal care, and agrochemicals, generating $15.6 billion in revenue in 2023.
Guided by the purpose of "reimagining chemistry for a better world," Indorama Ventures is committed to driving change toward a circular economy. The company is investing in global recycling, decarbonizing operations, and transitioning to circular, bio-based feedstocks.
People's Choice Award (Beta Category)
Innovation is driven not just by experts but by the power of the people. The People’s Choice Award (Beta Category), part of the Lee Kuan Yew Global Business Plan Competition (LKYGBPC), celebrates the most inspiring early-stage startup—one that captures the imagination of the public with its bold vision, groundbreaking technology, and potential for real-world impact.
People's
Choice Award
(Beta Category)
S$10,000
Who Is It For?
This prize is designed for:
- Early-stage startups and university spin-offs in the Beta category (ideation, prototype, or pre-commercialization stage).
- Innovators working on urban solutions and sustainability, climate tech, carbon tech, energy transitions, water solutions, food security, urban mobility, and sustainable materials etc.
- Startups with compelling solutions that resonate with investors, judges, and the wider audience.
Why It Matters
The best ideas don’t just solve problems—they inspire people. This award gives public recognition and validation to a startup that stands out for its vision, creativity, and potential to transform the world. Winning the People’s Choice Award boosts visibility, credibility, and momentum as teams move from concept to commercialization.
The People’s Choice Award (Beta Category) is more than just a prize—it’s a platform to showcase your groundbreaking innovation to a global audience. Apply now and rally support for your vision to take your startup to the next level!
FOUNDING BENEFACTOR
Wilmar International Limited, established in 1991 and headquartered in Singapore, is a major Asian agribusiness operating across the entire agricultural value chain. The company manages over 500 manufacturing plants and employs more than 100,000 people worldwide, with operations in oil palm cultivation, edible oils refining, biodiesel production, and more. Beyond its core business, Wilmar supports innovation and sustainable development as the founding benefactor of the Lee Kuan Yew Beta Prize. This initiative provides early-stage startups with financial backing, mentorship, and networking opportunities to help tackle global challenges through deep-tech solutions, reflecting Wilmar’s commitment to transformative change and community support.
Read more about Wilmar International Limited
People's Choice Award (Infinity Category)
Game-changing startups don’t just push boundaries—they capture hearts and minds. The People’s Choice Award (Infinity Category), part of the Lee Kuan Yew Global Business Plan Competition (LKYGBPC), celebrates the most compelling growth-stage startup—one that resonates with the public for its scalability, impact, and potential to redefine industries.
People's
Choice Award
(Infinity Category)
S$10,000
Who Is It For?
This prize is designed for:
- Startups in the Infinity category that have moved beyond the prototype stage and are scaling towards commercialization and market expansion.
- Innovators in urban solutions and sustainability, climate tech, carbon tech, energy transitions, water solutions, food security, urban mobility, and sustainable materials etc. making a tangible difference in the world.
- Entrepreneurs who inspire investors, industry leaders, and the public with their vision, execution, and potential for global impact.
Why It Matters
Scaling a startup requires more than innovation—it needs market validation and public support. The People’s Choice Award (Infinity Category) spotlights a team that has proven traction, strong storytelling, and the ability to engage stakeholders. Winning this award provides visibility, credibility, and momentum to accelerate growth and global expansion.
The People’s Choice Award (Infinity Category) is more than just a recognition—it’s a launchpad for global impact. Apply now, rally your supporters, and showcase why your startup is ready to go from 1 to Infinity!
People's Choice Award (Beta Category)
Innovation is driven not just by experts but by the power of the people. The People’s Choice Award (Beta Category), part of the Lee Kuan Yew Global Business Plan Competition (LKYGBPC), celebrates the most inspiring early-stage startup—one that captures the imagination of the public with its bold vision, groundbreaking technology, and potential for real-world impact.
People's
Choice Award
(Beta Category)
S$10,000
Who Is It For?
This prize is designed for:
- Early-stage startups and university spin-offs in the Beta category (ideation, prototype, or pre-commercialization stage).
- Innovators working on urban solutions and sustainability, climate tech, carbon tech, energy transitions, water solutions, food security, urban mobility, and sustainable materials etc.
- Startups with compelling solutions that resonate with investors, judges, and the wider audience.
Why It Matters
The best ideas don’t just solve problems—they inspire people. This award gives public recognition and validation to a startup that stands out for its vision, creativity, and potential to transform the world. Winning the People’s Choice Award boosts visibility, credibility, and momentum as teams move from concept to commercialization.
The People’s Choice Award (Beta Category) is more than just a prize—it’s a platform to showcase your groundbreaking innovation to a global audience. Apply now and rally support for your vision to take your startup to the next level!
Ian Sikora is the Head of Startup Business Development for ASEAN at Amazon Web Services (AWS). He is passionate about fostering innovation and supporting the next generation of technology pioneers. Ian plays a key role in events like SLINGSHOT at SWITCH, where he helps showcase groundbreaking AI innovations.
Dr Joel Leong is the Director of Research and Analytics at Xora. He supports the investment team with thesis development, market landscaping, and due diligence. With over two decades of experience in applying AI to physical and life sciences, Joel has held senior roles in global companies and government research.
YONG Soo Ping is the Vice President at Walden International. With 26 years of venture capital experience, she has been involved in several successful exits, including Brandtology, JobStreet, and YFind. She focuses on the software, Internet, and digital consumer spaces in South Asia.
Get Involved
Join us for the next edition of the world’s most exciting university startup challenge! Register your interest to get involved!
As a STARTUP
Join our global community of innovators and win prizes!
Be a MENTOR
Share your wisdom to make a difference.
As a JUDGE
Your expertise matters in shaping the future.
Be a SPONSOR
Invest in the potential of tomorrow.
Be a PARTNER
Grow this competition with us for the next generation.
NOMINATE a Startup
Help us find the next big unicorn!
