FAQs
Who can join the challenge?
We welcome applications from both Southeast Asia and International company (startups/SMEs/researchers) that is interested in joining the challenge. If you are unsure about your eligibility to enter the challenge, please contact us through the enquiry form on the Home page before submitting an entry.
Can I apply my solution for more than one challenge?
Yes, you may apply to more than one of the challenge announced on the Challenge Website.
When will the briefing sessions be held to learn more about the challenge?
The three briefing sessions will be held in 5 October, 14 October, and 28 October, 2-3PM (SGT) respectively via online! Panasonic will provide more information and answer queries about the challenge and technologies during the session. There will be a Q&A session in the final briefing session on 11 November 2022, 2-3 PM (SGT) when we will compile all your FAQs during the previous sessions and answer them during this session.
Will I have to give up any equity or IP?
Panasonic does not retain any equity or ownership of the solution upon application. You retain full and exclusive ownership of your information and intellectual property rights. However, Panasonic will work out a separate agreement if the start-up enters into a project contract with Panasonic, or any investments made by Panasonic after due diligence may involve equity.
Where will the Demo Day be held? Do I have to fly to Singapore?
The Pitch for finalists will be held in Singapore. Due to the current travel restrictions, the Demo Day will be held via a video conference.
What happens after I submit my application? Is there a fee?
We will contact you should Panasonic be interested in your solution. Given the high volume of applications and the December holidays we strive to release the results by early January. There will not be any fee involved to take part in the pitch. The outcome of the pitch will only be released from January onwards after due diligence.
How will the prizes be awarded?
The organisers will select the final Top 2 winners from each of the two challenges during the Demo Day. Thereafter, we will contact the Top 2 winners and disbursed the prizes.
If I'm doing a POC project with Panasonic, where will it be?
For the POC project, it will be done in your home country to pilot first. Panasonic may then decide to pilot it in different countries and they will help with scaling and international expansion. Do note that this pitch does not guarantee any POC projects or investments.