1. The person submitting the VIP Impact Track application must be an NUS Affiliated Applicant ("Applicant")
2. Applicants must fill in the VIP Impact Track Application Form (see "Application and Enquiry" section below), and submit their pitch deck for review.
3. Applicants must comply with the following instructions pertaining to pitch decks.
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- Be uploaded on Dropbox, Google Drive or other cloud storage service, with the download link included in the VIP Application Form. The deck should be in a format which can be downloaded for offline viewing.
- Must not exceed 8 slides (inclusive of the cover slide), otherwise the application will be rejected.
- Begin with a cover slide with a one-liner description of the Project
- Include the following in bullet points, which is also the criteria which the Project will be evaluated on (“Selection Criteria”):
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- Impact What Environmental, Social or Sustainability-related (ESS) issue(s) does your Project address? What is the problem being tackled and how large is the problem? Why is it important to solve this problem? What is the potential impact your Project will create? Towards which UN SDG(s) does the project contribute?
- Unique Selling Proposition & Key Innovation What is innovative about your Project? What is unique about your Project’s approach to solving the ESS problem and creating impact? What compelling benefits do you offer that are currently not being offered in the market?
- Potential Addressable Market What/who is your target customer, beneficiaries, industry, market? What research have you done and what ideas/strategies do you have to capture the above?
- Competitive Analysis Who are your current and potential competitors? How do you differ from them and what competitive advantages do you have? Are there any barriers to entry?
- Team Elaborate on each of the team member’s background (academically and professionally). What are the previous accomplishments of the team? How will the team work together and contribute to the Project? Are there any missing pieces to the team?
- Validation Has the team done any validation to date? If so, what kind of validation has been done? If not, what kind of validation will the team do and what is the outcome to be achieved from the validation?
- Milestones What are the milestones for the first 6 months of your Project and the following 6 months thereafter?
- Usage of VIP Impact Track Award funds Please include a breakdown of how funds from the VIP Award will be used in line with the proposed milestones (e.g. spend how much on what and for what purpose). Please note Exclusion items for utilisation of Award funds in point 4 below.
4. Award funds from VIP Impact Track cannot be utilised for the following Exclusion items.
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- Salaries for Project team members
- Entertainment & Refreshment
- Staff retreat and team-building activities
- Personal Devices unless otherwise approved (i.e. mobile phones, laptops, computers etc.)
- Overseas travel, unless essential to the success of the project and otherwise approved
5. Applicants must read and agree to the terms and conditions of the Personal Data Protection Notice by NUS Enterprise.
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