Our Stakeholder

Ngee Ann Kongsi

The Ngee Ann Kongsi is a non-profit Teochew philanthropic organisation focused on educational, cultural and charitable activities in Singapore, while placing a deep emphasis on preserving the Teochew heritage. The organisation is an active advocate in education that funds scholarships for high-performing students and study awards to disadvantaged students.

In 2022, SUSS received a donation of SGD10 million from The Ngee Ann Kongsi to launch The Ngee Ann Kongsi Social Impact Hub, which seeks to strengthen social service delivery through programmes delivered by private or public agencies.

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About the Grant

At SUSS, we take pride in offering applied knowledge to our students as we believe in "Education and Applied Research for Social Good" and in "Transforming Society through Applied Social Sciences".  

There will be two applicant tracks for the Ngee Ann Kongsi - SUSS Impact Grant:

1. Gerontology
2. Social Impact
   

Grant Details

• $25,000 of equity-free funding
• Funding will be disbursed in two tranches
• Up to 6 qualifying startups per track
  

Deliverables

Each awarded team is required to submit a progress and expenditure report prior to disbursement of the second tranche. This includes:

• Key Lessons
• Actions taken
• Milestones achieved
• All major expenditure including but not limited to capital, manpower and operation costs

Eligibility

• The team consists of one SUSS Student (Full Time, Part Time, CET or Alumni) who has completed at least 3 months of the Venture Builder Programme.
• The team consists of a minimum of 2 co-founders.
• The idea should be Gerontology or Social Impact related.

Application Requirements

To apply for the Ngee Ann Kongsi - SUSS Impact Grant, the team is required to submit the following:

1. Pitch Deck, which must minimally include:

• Value Proposition and Business Idea
• Market size and potential
• Marketing and sales strategy
• Proposed revenue models
• Management team and accompanying advisors/mentors/support
• Sustainable competitive advantage/differentiation
• Social Impact
• Team Overview
• Proposed utilisation of the S$25,000 NAK-SUSS Impact Grant, if awarded
• Photos/videos of product prototype

2. Introduction Video (in .mp4 format) of no more than 3 minutes, including:

• Who you are/What your team is about
• Your idea and its relevant impact in a selected social impact area or Gerontology field