Singapore business competition chooses Relectrify as leading global innovation company
After being selected amongst the top 50 teams back in January 2020, Relectrify recently won the Lee Kuan Yew (LKY) Global Business Plan Competition Grand Finals, thanks to its groundbreaking technology improving battery life expectancy whilst decreasing costs.
The Lee Kuan Yew Global Business Plan Competition is organised by the Institute of Innovation and Entrepreneurship (IIE) at Singapore Management University (SMU) and attracts key mentors from a range of industries and from across the globe. This edition’s theme, ‘Reimagine Smart, Sustainable and Resilient Cities’, attracted more than 850 applications from 60 different countries, covering a range of areas including Public Health, Infrastructure, Energy, Transportation & Mobility, Cybersecurity, and many more.
Albeit being held virtually due to the current circumstances, the LKY Global Business Plan Competition focused particularly on connecting technology start-ups from across the globe with key industry players through a collaborative mentoring approach. Relectrify was selected as the winner of its category based on the innovativeness of the technology, its commercial feasibility, the impact of the technology and its capability to execute the technology.
Relectrify wins the Lee Kuan Yew Global Business Plan Competition 10th edition’s Infinity Prize.
Many thanks to the organising committee at IIE and SMU for giving us the opportunity to pitch about our vision for the energy sector.
The competition’s grand finals’ announcement lands as Relectrify continues to demonstrate the benefits of its technology through real-life prototypes, including through its latest product ReVolve, a 120kWh Commercial & Industrial battery storage system.