Upcycling River Waste to Wealth Featured

1. The Selangor government is seeking to minimise the amount of river waste going to landfills in line with the NGTP.
2. Develop a technology or mechanism to deconstruct the waste into a useful functional product that is environmentally friendly.
3. The solution should be designed using green technology.
4. The solution should be adaptable to the volume of waste collected in any given area and even adaptable for municipality waste.
5. The solution should be easily deployable to any area that requires it.
6. The solution should help minimise the current operational and logistics cost of transferring the river waste to landfills.
7. The end product from the solution should be marketable.

CHALLENGE PRIZE

Up to RM50,000 worth of R&D funding available

POST ACCELERATOR SUPPORT*

Grant up to RM100,000 and collaboration opportunities with SMG and its supporting partners

* Subject to terms and conditions. Only available for those invited to participate and have completed the Impact Accelerator.

Eligibility Criteria

1. Participants eligible to enter this challenge must be a locally registered start-up with at least 12 to 18 months track record – either financial or commercial.
2. You already have a Minimum Viable Product (MVP) or market-tested/proven prototype ready to be launched with some customisation / refinement relevant to the identified Challenge Statement. 
3. Your solution has the potential to scale its current impact.
4. A team with a minimum of 3 members including at least 1 founder and 2 other instrumental roles. 
5. The company MUST be registered in Malaysia. 
6. Each participating team is only allowed to submit ONE concept / deliverables.
7. The official language for the Challenge is English only. 
8. Participation in this Challenge is free.

By participating in the Challenge, the Participant would have read these T&Cs, and fully accepted their terms in their entirety without reservation. 

Any Participant who does not abide by the terms of the T&Cs at any time during the Challenge will be automatically disqualified from the Challenge.

Evaluation Criteria

Product Solution:
Scalable and adaptable to existing production standards and capable of creating an end product that can be used in Malaysia with a wider potential market.

Innovation:
Represents a significant advancement in the way river waste is repurposed and upcycle. It should be both environmentally friendly and should not add further to the problem of sustainability. Your technology can be loosely based on an existing technology that must be declared at the assessment stage. Failure to do so will result in immediate disqualification.

Business Plan:
Present a business plan that clearly demonstrates value proposition; a pathway to scale and cost- effectiveness of technology. It should also clearly demonstrate the revenue stream – commercial viability and marketability – of the end product.

Additional considerations of interest include:

Inspiration:
Your team shares SMG’s commitment to creating A Gateway To A Better Tomorrow and builds on its Mission & Vision. Especially of interest are technological solutions that use recycled materials in building the machine and an end product that demonstrates a viable circular economy.

Human-Centered Design:
Proposed end product should incorporate user and market feedback throughout the design process.

Whats not our interest:

The following types of approaches are not of interest to this Challenge:

Approaches that are not compatible with environmental responsibility principles.

Approaches that do not adhere to the highest possible product safety standards.

End products that are purely of decorative or artistic value.

• Date Start: 2021 May 19
• Date End: 2021 Jun 23