Accelerator & Funding
Accelerator and Funding
This year, winning teams of the Build for Good 2024 hackathon have the opportunity to be empowered further to advance their solutions for public good with a 8-week accelerator programme and funding of up to S$20,000. To unlock the opportunity, winning teams will be required to enter into an agreement that is prescribed by GovTech at the appropriate juncture.
Accelerator
The accelerator programme will focus on imparting skills, knowledge and
networks essential for scaling solutions through sustained growth, and
launch them with real users.
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Duration: 12 Oct 2024 - 30 Nov 2024 (Saturday sessions)
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Who can participate: It is currently only open to winning teams, who may join the programme after the hackathon, subject to the winning team entering into an agreements prescribed by OGP.
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Weekly sessions will be conducted in person
Funding
Winning teams will have access to funding of up to S$20,000*, which will
be funded by OGP at its discretion and subjected to terms and conditions
of agreements entered into by the winning team with GovTech, to support
teams through various phases from product development and user acquisition
during the accelerator programme, to scaling and sustained growth thereafter.
The funding supports the following key milestones during the accelerator programme:
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Refining minimum viable product (MVP)
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Securing a key partnership
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Running a pilot; and
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Scaling and acquisition
Upon achieving these milestones, S$1,000 will be given to each winning team member as a token of appreciation for public good contributions.