Multimillion Internship Program for Singapore's Finest Students

Multimillion Internship Program for Singapore's Finest Students
Godzila Wikia | Shanghai, China

Singapore’s undergraduates can look forward to a unique entrepreneurship initiative, the Singapore Valley Awards (“SVA”), which was launched this week.

The prize: a rare chance for internships with leading innovation companies in China. The internships will give the winners first-hand access to China’s start-up ecosystem and the opportunity to learn from the founders of these companies.

The Awards are being facilitated by local investment firm Tembusu Partners, with US$2.5 million funding coming from Chinese tech billionaires including founder Pang Shengdong, Shanghai Kingnet Technology founder and CEO Wang Yue, and Alibaba co-founders James Sheng and Eddie Wu.

Singaporean entrepreneur Calvin Cheng, chairman of Retech Technology, also provided funding for the Awards.

"The Singapore Valley Awards initiative has twin objectives – to broaden the mindset of innovation beyond employment to include entrepreneurship, and beyond the traditional Western models of disruption to include China,” said Mrs. Lim Hwee Hua, Co-Chair of SVA and Executive Director of Tembusu Partners in a statement.

Undergraduates who are Singaporean citizens or permanent residents, and are in their third or fourth year of full-time study at one of Singapore’s six publicly funded universities, are eligible to apply for the Awards.

Image: Judging Panel Singapore Valley Awards
Image: Judging Panel Singapore Valley Awards


Those that are shortlisted then have to pitch business ideas to a judges’ panel made up of 10 prominent members of Singapore’s and China’s tech and investment communities.

Up to nine students that manage to impress the judges will win three-month internships in China starting next year. They’ll also get a grant of about US$1,500 per month each over the course of their internship.

The scheme’s first application period ends on October 16.  


Source : Singapore Valley Awards  | Tech in Asia | Fintech Singapore

Indah Gilang Pusparani

Indah is a researcher at Badan Perencanaan Pembangunan Penelitian dan Pengembangan Daerah Kota Cirebon (Regional Development Planning and Research Agency of Cirebon Municipality). She covers More international relations, tourism, and startups in Southeast Asia region and beyond. Indah graduated from MSc Development Administration and Planning from University College London, United Kingdom in 2015. She finished bachelor degree from International Relations from University of Indonesia in 2014, with two exchange programs in Political Science at National University of Singapore and New Media in Journalism at Ball State University, USA. She was awarded Diplomacy Award at Harvard World Model United Nations and named as Indonesian Gifted Researcher by Australian National University. She is Researcher at Regional Planning Board in Cirebon, West Java. She previously worked as Editor in Bening Communication, the Commonwealth Parliament Association UK, and diplomacy consulting firm Best Delegate LLC in USA. Less
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