Category blog

 

The COVID-19 pandemic has impacted our lives in more ways than one and will be remembered as a watershed event which will shape our lives and businesses going forward. As many organisations are reopening, I would like to send my best wishes and support to the business communities in Singapore and around the world.

As an association, it is very crucial for us to understand the issues and challenges our members and their businesses are currently facing in this situation. Thus, we endeavour to bring you focused information through this COVID centre that we have set up as a tab on SEAS website. I would encourage you to refer to this, as we will be refreshing it regularly with resources and updates during this time.

On behalf of SEAS, I would like to say a big thank you to all our members for taking the time to complete our COVID-19 Survey. This helps us to dialogue with the government agencies and shape our programs better. As part of our ongoing commitment to engage the sustainable energy community in Singapore, SEAS also launched a series of short video interviews with SEAS members to facilitate sharing of sustainable energy related knowledge and insights about trends during the pandemic and beyond. Do keep a lookout for it on our website. 

For the first time, the Asia Clean Energy Summit (ACES) will be held as a Hybrid Conference & Digital Expo. This is a new experience for SEAS and we hope to get the same support as we have for the previous years. After careful consideration, we have also decided to host our 3rd annual PowerACE start-up competition virtually. With this virtual format, PowerACE will bring our participants all the elements from the live experience on a digital platform and reach a global audience of industry professionals and hope that with this new format, PowerACE can empower energy start-ups to create more meaningful collaborations and opportunities to help scale businesses during these challenging times. 

Now more than ever it is the time for us to come together as a SEAS community and support each other. If  you have any concerns, ideas, inputs  please do feel free to reach out to me and the SEAS team by writing an email to us at This email address is being protected from spambots. You need JavaScript enabled to view it.

In the meantime, do stay safe and healthy.

 

Warm Regards,

Kavita Gandhi


 

 

 

  

 

1st Prize 

Startup SG Award - SGD 50,000 + Invitation to join SLINGSHOT 2019

The award is a start-up SG grant that comprises of SGD25,000 non-dilutive grant money and $25,000 grant with an option to convert into equity at the next institutional fundraising. The winning company will also be invited to join SLINGSHOT 2019, held during SWITCH, in Singapore in November 2019 as a participant in the qualifying round of the competition.

Prize Sponsored by:

An Initiative by:

 


Special Award: ADB Ventures Impact Award

Cash Prize worth SGD 50,000 

The ADB Ventures Impact Award is given to startups that demonstrate a clear, long-term commitment to solving climate change and promoting gender inclusiveness in the Asia Pacific Region. Companies that receive this award during PowerACE 2019 will be eligible to receive a cash prize of SGD 50,000.

Prize Sponsored by:

 


Special Award: Startup SG Grant Award

Grant Amount worth SGD 50,000 

The award is a start-up SG grant that comprises of SGD25,000 non-dilutive grant money and $25,000 grant with an option to convert into equity at the next institutional fundraising.  

 

Prize Sponsored by:

An Initiative by:

 



Special Award: Ecolabs Special Award

Award worth SGD 100,000

The Ecolabs Special Award is given to one start-up company. The start-up company will gain access to Ecolabs development space, EcoLabs resources, large test beds and seasoned energy tech experts. The start-up company will also be entitled to EcoLabs partner benefits, transitional program, mentoring, project funding support and networking. 

 

Prize Sponsored by:



 

About SESUN/SESUN Activities/PowerACE/PowerACE-FAQ

 

 

What is PowerACE about? 

 

PowerACE is a pitching competition for start-ups either working directly in the energy sector or which provide support to companies in the energy industry and wants to involve all players of the energy start-up ecosystem. It is an ideal platform for sharing ideas and innovations with investors and large corporations looking to supplement their existing business.   

 

When and where is it held? 

 

The PowerACE 2022 pitching session will be held on 27 October 2022The PowerACE 2022 participants will be exhibiting their ideas and innovations at Asia Clean Energy Summit (ACES) on 27 October 2022. ACES will be held at Marina Bay Sands Expo and Convention Centre in Singapore on 26 to 28 October 2022. 

 

Who is the organiser of PowerACE? 

 

PowerACE is organised by the Sustainable Energy Association of Singapore (SEAS), in partnership with the Private Financing Authority Network (PFAN) and Ecolabs Centre of Innovation for Energy (Ecolabs). 

For more information on what PFAN does and its services, please visit www.pfan.net.  

For more information on what Ecolabs does and its services, please visit www.ecolabs.sg. 

 

How many editions of PowerACE has there been? 

 

With the first edition of PowerACE launched in 2018, this year’s event marks its’ 5th edition. 

 

How are PowerACE participants selected? 

 

The PowerACE participants must first fulfil 2 eligibility criterions; (1) Maximum 7 years since creation of the company & (2) Maximum 7 Million SGD funding received. Participants will then be assessed based on the creativity of their innovations and the top 12 finalists will be selected by our pre-jury panel. The top 12 finalists will then pitch live to a panel of jury on 27 October 2022 and the top 3 winning companies will be selected.  

 

Can I watch the pitching session of the Top 12 PowerACE 2022 finalists? 

 

Members of the public are welcome to listen to the pitching session of the Top 12 finalists of PowerACE 2022 on 27 October 2022 at the Asia Clean Energy Summit (ACES). You can get the trade visitors pass to gain access to the ACES Exhibition area.  

  

How do I register to take part in PowerACE? 

 

You can register online via the website hereFor any registration enquiries, please contact Asyiqin at +65 6338 8578 or write in to sesun@seas.org.sg