Smart Port Challenge is an annual innovation challenge organised by PIER71TM to attract start-ups with breakthrough technology-driven solutions to step forward and address key challenges faced by the maritime industry.
Key Focus Areas
Digitalisation (AI, Cloud, Cybersecurity)
Maritime Green Technologies
Next Generation Ports
Smart Shipping
The Journey to PIER71™ Smart Port Challenge Finals has Begun!
We have a great selection of start-ups who have been selected to participate in this year’s Accelerate programme, as finalists of PIER71™ Smart Port Challenge 2024.
Over the course of three months, the start-ups will delve into a world of opportunities to refine their products and solutions, broaden their horizons and establish significant relationships within the maritime industry.
PIER71™ Accelerate is not just a programme; it’s an ecosystem designed to nurture their development. They will gain access to a treasure trove of resources, including masterclasses, workshops, mentorship sessions, networking events and a lot more. Each of these meticulously curated sessions is designed to equip them with insights, skills and perspectives that will be pivotal to their entrepreneurial journey, providing opportunities for market validation and potential collaborations with industry leaders.
Revealing the list of innovation opportunities and key dates
30 May - 08 Jul 2024
Calls for submission
Start-ups submit their proposal to address an Innovation Opportunity
09 Jul - 05 Aug 2024
Shortlisting of finalists
Shortlisting by a panel of maritime, technology and entrepreneurial
02 Sep - 12 Nov 2024
Accelerate
Shortlisted start-ups are enrolled in a two phase, 12-week market validation and customer discovery programme.
*Only selected start-ups will advance to phase 2. Read more
13 Nov 2024
Semi-Finals
Closed door pitching in front of judges for final shortlisting of grand finalists
19 Nov 2024
Grand Final
Grand finalists will pitch in front of judges, partners, investors and maritime veterans to secure the top prizes.
*There will be an in-person rehearsal, post-programme review and celebration
Why Participate?
Mentoring and coaching
Access to maritime corporates, investors, venture capitalists, serial entrepreneurs, as well as other PIER71 partners
Opportunity to address real challenges and identify customers
Access to workshops and masterclasses conducted by industry veterans and domain experts
Product and business model validation
Eligibility to apply for grants of up to S$100,000 for proof-of-concept or pilot projects, and up to S$250,000 for new product development
Shortlisted finalists are enrolled in a two-phase, 12-week programme.
Phase 1: Fit Check - Market Discovery and Validation
Kickstart your journey by diving deep into the heart of your market! In this phase, we'll help you answer the pivotal question: Is there a product-market fit for your solution? Validate your tech, test your assumptions, and find the perfect match for your innovation. A review will be conducted at the end of Phase 1. Only selected participants will advance to Phase 2.
Phase 2: Gap Busters - Navigating New Markets
Now, it's time to bridge the commercial gap. In this phase, you’ll partner with industry veterans who bring sharp business insights to the table. Together, you’ll navigate and conquer markets that may be uncharted territory for your startup.
Although the programme is designed for remote and overseas participants, in-person participation is required for the following events conducted in Singapore:
2 - 5 Sep - Programme Kick Off & Industry Networking