24 Sep '12, 2am

At @IdeasIncSG Business Challenge, 7 startups get over USD 470k worth of funding and awards

At @IdeasIncSG Business Challenge, 7 startups get over USD 470k worth of funding and awards

At Ideas Inc. Business Challenge, 7 startups get over USD 470k worth of funding and awards September 24, 2012 by Terence LEE Schmeiden shows off Spyk at Ideas Inc. Plug a smartphone into Spyk, and it instantly becomes a tablet. Schmeiden emerged as the top startup at Ideas Inc. Business Challenge , winning SGD 200k (USD 163k) in equity funding and a SGD 10k (USD 8.15k) cash prize. The awards were given out at a ceremony on 23 September at Resorts World Sentosa, Singapore. Ideas Inc. is an annual elimination-style startup competition in Singapore that guides entrepreneurs under 35 from idea to execution. The top 15 startups would get SGD 15k to develop their prototypes while the top 6 would potentially get another SGD 50k. The event, started in 2010, is organized by the Nanyang Technopreneurship Center . Schmeiden, which has developed a prototype device that converts a smar...

Full article: http://sgentrepreneurs.com/2012/09/24/over-usd-470000-wor...

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