Industry/Technology: AI (Artificial Intelligence), CloudTech, cybersecurity, ecology, innovations, Sustainable Development Goals, technologies, transport and logistics, Digitalization, marinetech
Region – Asia
Smart Port Challenge (SPC) is an annual innovation program by PIER71 that invites startups to tackle key challenges in the maritime industry with technology-driven solutions.
Focus areas
- Managing Cybersecurity Risks and Incidences
- Derisking Onboard Inspections
- Recycling Ship Waste
- Cargo Hold Cleaning or Discharge
- Enabling Connectivity for Maritime Vessels
- Digital Tools to Enhance Energy Efficiency
- Crew Training Programmes to Adopt Energy-Efficient Practices
- Safer Pilot/Crew Transfer Solution
- Situational Awareness On and Around Ships
- Reducing Human Error at Sea
Eligibility criteria
- Solutions must be applicable to the maritime industry and address challenges faced by ports
Additional Criteria for Scale-ups:
- More than 20 full-time employees
- Annual revenue exceeding USD 500,000 (as of 2024)
- Over 5 years in operations
- Series A stage or beyond
Prizes
- Funding opportunities:
- Grants up to USD 77,443 for proof-of-concept or pilot projects
- Grants up to USD 193,608 for new product development
- Cash prizes for the best startups
- Access to maritime corporates, VCs, domain experts, PIER71 partners, and alumni network
- Chance to secure a pilot project with at least one maritime corporate, funded by the Maritime and Port Authority of Singapore (MPA)
- Workshops and masterclasses by industry leaders
- Mentoring and coaching
- Product and business model validation
- Branding and media exposure
- Sponsored residency at PIER71’s Landing Pad