Chandigarh, 20 January 2020 – Chitkara University today announced that it has been selected in the group of elite 150 finalists in Asia’s most exciting startup competition, The 10th Lee Kuan Yew Global Business Plan Competition (LKYGBPC), organized by Singapore Management University (SMU). The final of the competition will be held during BLAZE 2020 from March 16 – 20, 2020.
Asia’s most exciting smart city startup competition 10th Lee Kuan Yew Global Business Plan Competition is being organised by the Singapore Management University’s Institute of Innovation & Entrepreneurship with an objective to promote entrepreneurship among youths.
The 10th Lee Kuan Yew Global Business Plan Competition received a record breaking number of more than 850 submissions with applicants from over 650 universities across the globe. The 10th Lee Kuan Yew Global Business Plan Competition (LKYGBPC) offers a stage to the world’s brightest innovators, game changers and entrepreneurs to address the challenges of the 21st century and to Reimagine Smart, Sustainable and Resilient Cities.
The elite 150 announced on January 13 include the top ranked institutions like Massachusetts Institute of Technology, US, University of California, US, University of Cambridge, UK, Harvard University US, Stanford University US, Imperial College, London, National University of Singapore, University of Oxford UK and Texas University, US including Chitkara University from India.
Speaking on the achievement, Dr. Madhu Chitkara, Vice-Chancellor of Chitkara University, said, “Being part of the elite 150 at LKYGBPC 2020, talks about the excellent innovation infrastructure that Chitkara University possess is on par with the global universities. I would like to congratulate the team e-Pancreas for their innovation that offers painless and prick free insulin management in diabetic kids, made its way to the elite 150. Wish them good luck to make it into elite 50 at the final week in March.”
Dr. Madhu Chitkara continued, “The research work carried out at global level research facility Chitkara University Research and Innovation Network (CURIN) and made commercially feasible by Chitkara center for Entrepreneurship Education and Development (CEED), the oldest incubation facility of the region, could make the achievement possible for the team. The competition offers the investment opportunities worth 1 Mn Singapore dollars and the team of e-Pancreas are expected to attend the finals of the event.”