2. Students of NTU, NUS, SMU, SIT, SUTD, SUSS, NYP, NP, RP, SP, TP, MDIS, LASALLE, INSEAD and other private institutions;
3. Aged between 18 to 26 years old;
4. Form a team of 2 to 5 people
WHAT YOUR IDEAS SHOULD BE
River Hongbao has been an integral part of Singapore’s Lunar New Year celebrations since 1987. In addition to the exquisite displays of fireworks and lanterns, the diverse retail booths are always an anticipated highlight for crowds from all walks of life.
Develop a profitable business concept and retail your product or service at RHB 2019. The product or service should be innovative, and preferably incorporates smart utilisation of technology. It should not be a food or beverage item or similar in concept to any products/services provided by the RHB authorised vendors.
Shortlisted teams will need to attend the Hackathon at Mapletree Business City Town Hall on 3 and/or 4 January 2019 to present their ideas to our panel of judges. This hackathon will also be graced by Senior Minister of State, Ministry of Trade and Industry & Ministry of Education, Mr Chee Hong Tat.
The top three emerging teams from the hackathon will walk away with $6,8001 each and a chance to operate their stalls at RHB 2019 from 3 to 10 February 2019. The teams shall organise themselves and use their own peer networks to gather volunteers to ensure the smooth operation of their own stalls during this period.
RIVER HONGBAO STALL OPERATION
Teams will be provided with mentorship guidance from retail expert to help implement their business plans.
TIMELINE OF EVENTS
20 November 2018: Information Sharing Session
4 or 11 December 2018: 1st Mentorship Workshop by Retail Expert
22 December 2018: Registration Close
3 and/or 4 January 2019: Hackathon + Prize Ceremony
15 January 2019: 2nd Mentorship Workshop by Retail Expert
3 to 10 February 2019: Stall Operation at RHB 2019
Still having doubts? Attend our Information Sharing session on 20 November via the "APPLY NOW" button below (select "Find out more" in the form) to learn more about the competition and have your burning questions answered.
2. You may have up to 3 business ideas composite into one. For example, one application may have multiple functions.
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