Acceleration

The acceleration function aims to establish an ecosystem for early stage venture capital in Singapore. It is the early stage VCs who will accelerate the growth of new businesses. This function will also develop a network of investors to benefit SMU’s stakeholders.

Go To Market Support

Typically a start-up with a Minimum Viable Product (MVP) would be cleared successfully from the Innovation Development (ID) phase by a panel of deliberators before proceeding to the Go-To-Market (GTM) phase.

In the GTM phase, a start-up should be able to demonstrate a clear understanding of their target segment, partners, affiliates and competitors within the space that they are operating. The following areas would be addressed and further fine-tuned with the support of our selected mentors whose expertise in GTM guides the start-ups in deriving a valuable GTM framework:

  • Identify early adopters
  • Proof of concept (POC) – market validation
  • Market Research
  • Key customer adoption/acquisition metrics
  • Market segmentation/Marketing plan (both online & offline)
  • Growth hacking strategy
  • Sales process (direct/partner/reseller/channels)
  • Pricing strategy
  • Replicable process for customer acquisition

At the end of the GTM phase, start-ups will be on their way to early traction with the early customer acquisition strategy and preparing to move to the final phase – Business Plan/Financial Plan.

Market Access Program

The Market Access Incubation Programme (MAIP) is part of International Enterprise’s (IE) Market Readiness Assistance (MRA), it provides financial assistance to Singapore-based startups participating in approved non-profit driven overseas missions and fairs organised by incubators. This complements the efforts of incubators in helping startups access international markets and build up an overseas network.

1. Eligibility Criteria

Participating Start-ups must meet the following criteria:
a) Be registered as a company with the Accounting & Corporate Regulatory Authority
b) Less than 5 years of incorporation
c) Global HQ1 anchored in Singapore

1"Global HQ" refers to global management control and decision making functions are based in Singapore.

3. Resources
For more information on MAIP, click here.

If you're interested to apply for the market access program, please email to iie@smu.edu.sg

 

Innovation Fair

As part of SMU's Institute of Innovation and Entrepreneurship (IIE) efforts to nurture an innovation culture through incubation, acceleration programmes, affiliated business mentors and entrepreneurs-in-residence, in addition to this synergy we do organise an annual Innovation Fair.

The Innovation Fair is open to the SMU community (faculty and students) as well as students of other educational institutions, mentors, investors and corporate members through registration.

If you're interested to apply to be an exhibitor or want to find out more about our sponsorship opportunity, please email to iie@smu.edu.sg

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