Retail Open Innovation Challenge 2024

Driving innovation and collaboration between top retail corporates and SMEs/startups in Experiential and Immersive Retail, Materials Innovation for Sustainability, and Operational Efficiency.

Participations are now closed.

Revolutionizing retail:
Shaping tomorrow’s
shopping experience

Welcome to the Retail Open Innovation Challenge.

Calling all startups and SMEs worldwide who are interested in
transforming the retail industry!

In partnership with Enterprise Singapore (EnterpriseSG) and Agorize, this challenge is an opportunity for companies dedicated to shaping the future of retail. Explore categories such as experiential and immersive retail, materials innovation for sustainability, and operational efficiency, and bring your pioneering solutions to life.

Seize this chance to redefine retail by enhancing customer experiences, championing sustainable solutions, and optimising operations. Collaborate with industry leaders, leverage state-of-the-art facilities, and stand a chance to secure funding support for pilots.

Turn your vision into reality and lead the way in retail innovation. Together, let's create a vibrant, more sustainable, and customer-focused retail world.

 

 

AT A GLANCE

 

CATEGORIES TO TACKLE

Experiential and
immersive retail

Materials innovation
for sustainability

Operational
efficiency

Wildcard
category

OPPORTUNITIES AND INCENTIVES

Total of over S$275,000 in pooled funding support.

 

Winning startups and SMEs’ prizes include:

  • Gain mentorship and co-development opportunities
  • Access prototyping and proof-of-concept grants and funding support
  • Receive marketing features for your business and technologies

CHALLENGE TIMELINE

  • APPLICATION PHASE

    11 June 2024 - 20 August 2024
    Dot

    Startups and SMEs can now submit their solutions by completing the participation form and submitting a proposal deck (5 to 10 slides maximum).

  • SHORTLISTING PHASE

    September 2024
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    Challenge statement owners will evaluate the proposals and select potential solutions to explore further. The list of shortlisted startups and SMEswill be announced by 23 September.

  • CLARIFICATION PHASE

    Early October 2024
    Dot

    Shortlisted startups and SMEs will have the opportunity to be connected directly with the challenge statement owners in 1-to-1 sessions to engage with them for further clarification and final evaluation.

  • DEMO DAY

    End of October 2024
    Dot

    [Format of demo day TBC]

Retail is on the brink of a revolution and the Retail Open Innovation Challenge (ROIC) is your gateway to leading this transformation.


This is your moment to seize an unparalleled opportunity to become a trailblazer in the retail sector. As retail evolves rapidly, the demand for innovative, sustainable, and efficient solutions is more pressing than ever. With Singapore's standing as a global commerce hub, influencing change here could set new standards worldwide.

Step into the spotlight and rise to the ROIC. Embark on a journey to deliver impactful, real-world solutions to the retail industry, reshaping how consumers interact and experience shopping for generations to come!

WHY JOIN THE RETAIL OPEN INNOVATION CHALLENGE ?

 

CHALLENGE STATEMENT OWNERS

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