Frequently Asked Questions
1. What is Platform E?
Platform E is a comprehensive entrepreneurship ecosystem offering a unique blend of knowledge, incubation, start-up business support and funding. In addition to the knowledge and capital support, we operate a state-of-the-art 25,000 sq ft co-working space at SIM Management House in Namly / Bukit Timah area in Singapore. The Space (co-working space) is also open to start-ups that are not participating in Platform E’s programmes.
2. Who can benefit from your entrepreneurship programmes?
Two groups of knowledge seekers can benefit from our programmes:
Aspiring entrepreneurs which include fresh graduates exploring innovative new ideas or PMETs (Professionals, Managers, Engineering, and Technicians) who are seeking a career switch into becoming a founder in a high-growth business. We designed a comprehensive, modular, three 4-month cycles long IntensE programme for this group.
- Practising entrepreneurs who have already started their ventures and who need help with overcoming growth roadblocks or with scaling up their businesses. For this group, we offer a cycle-based programme called IntegratE, that targets the various stages of the start-up journey that they are at, and is a sub-set of the IntensE programme.
3. What is the IntensE Track?
The IntensE Track is a programme aimed at equipping aspiring entrepreneurs with the necessary know-how to ideate, start, operate and sustain a business. They will learn and work on their ideas and start-ups at the same time. This programme offers three cycles of field work: Customer Discovery, MVP Building and Prototyping, and Go-to-Market.
Participants will start with an idea and graduate with a business start-up. They will be equipped with the necessary skills to succeed in their entrepreneurship journey or take up the role of an entrepreneur within an organisation.
For IntensE Track, participants are entitled to hot-desking during the field work portion of each cycle and up to 12 months of dedicated desk upon completion of the programme.
4. What is the IntensE Industry Track?
Participants of the IntensE Industry Track are also successful applicants of the Industry Scholarship Programme, and will go through the same courses as participants of the IntensE Track.
The difference is that that they will be developing ideas and solutions for the Industry Partner. During their respective field work, participants of the IntensE Industry Track will work closely with the Industry Partner, and may also make use of the additional resources provided by the Industry Partner.
The IntensE Industry Track programme fees cost a total of SGD $15,000 - but participants need only pay a total of SGD $5,000 after the scholarship amount has been deducted.
5. What is the IntegratE Track?
The IntegratE Track is a modular programme for the in-situ entrepreneurs. It allows entrepreneurs to plug into the programme at the appropriate knowledge and workshop cycle that would best benefit their stage of the start-up journey. It is particularly relevant for existing business owners who need help to overcome roadblocks or scale up their business. The programme also suits aspiring entrepreneurs who are curious to find out what the entrepreneurial journey entails, without the commitment of the full IntensE programme.
6. What are the courses offered in the programmes?
There are 36 courses being offered. For more information, please refer to the Platform E brochure.
7. What can participants expect from the full experience entrepreneurship programme (IntensE Track)?
Participants will learn, apply and deepen their knowledge and skills, and work on their start-ups at the same time. They will go through three cycles of learning and reflection interleaved with hands-on practical work on ideation and development of the business idea.
They will be guided by learning coaches who are domain experts and matched with industry mentors who will advise on ideas validation, Product- and Founder-Market-Fit assessments and pitching to investors.
A key feature of the IntensE track programme is the opportunity to work directly on their ideas, which will then be developed into a start-up throughout the course.
The programme will culminate in a Pitching Day to potential investors.
8. What if I don’t have an idea for a new venture, but still want to participate?
Participants who join the IntensE Track need not have a business idea when they join, but should be intent on pursuing the entrepreneurship path and have the passion and drive to succeed. As part of the programme, they will undertake hands-on ideation under the guidance of learning coaches and mentors.
Participants will be challenged on their business idea, put through rigorous validation, and at the end of the programme, will be expected to develop an agile business plan to take the first steps to becoming a business owner.
All participants will have the opportunity to discover what roles they can play within start-up, and to experience working among other start-ups.
9. How are Platform E’s programmes different from the other programmes out there?
Platform E is more than just an entrepreneurship programme or an incubator or accelerator. It is an integrated ecosystem combining the training of entrepreneurs, incubating of ideas and the accelerating of Go-to-Market start-ups supported by an ecosystem of co-working space and community of industry experts, coaches, mentors, investors and peers.
We focus on developing not just the idea but also the entrepreneur behind the idea, equipping him/her with deep knowledge, skills and relevant experiences to be an entrepreneur leader in his own business as well as in organisations.
Besides helping entrepreneurs find a Product-Market-Fit, Platform E is also focused on helping to develop a Founder-Market-Fit. Under the guidance of mentors and learning coaches, the entrepreneur will develop a deeper understanding of his intended market and its attractiveness to stakeholders.
10. Who designed and developed Platform E’s programmes?
The curriculum of Platform E’s programmes is designed by successful practising entrepreneurs who have both practical experience and academic credentials, and who are familiar with the needs and challenges facing start-ups.
Leading the development of the programmes is Dr. Virginia Cha, an active researcher, educator, mentor and angel investor in Singapore’s entrepreneurship ecosystem with 36 years of technology management experience with the most recent decade in the entrepreneurship ecosystem. Dr. Cha is the Professor-in-Residence at Platform E and will be a key member of the team of learning coaches.
11. When is the application deadline?
The application deadline for the upcoming 2019 intake of the IntensE programme will soon open. The programme will commence in March 2019; you may now indicate your interest for the upcoming Programme.
12. Is there an application fee?
13. When will the programme commence?
The date of commencement for the IntensE Track - Cycle 1 (Explore) is as follows:
March 2019. The finalised dates will be available soon.
14. How are the fees paid?
IntensE Track participants will be prompted to make the full programme fee payment of SGD $12,000 in 3 instalments — SGD $4,000 to be paid before the commencement of each cycle.
IntegratE Track participants will be requested to pay the full fee of SGD $4,000 before the commencement of each respective cycle.
Participants can pay by cash, credit card, cheque or bank transfer.
15. Can I stop in between cycles? Will there be penalties?
The programmes are designed to mimic an entrepreneurship journey so it is agile and flexible to adapt to changes in circumstances. You can pause anytime between cycles. There is no penalty. However, rejoining will be valid for a period of 1 year and is subject to place availability during the intake.
16. Is there any programme that caters to full-time working adults?
Our programmes cater to full-time working adults. Most of our courses are conducted during the weekdays in the evening. The field work schedule is flexible, depending on your objectives and learning outcome.
17. Is there any discount for group sign-ups from the same company?
Group sign-up(s) from the same company will be entitled to a 20% discount on programme fee.
18. Can I get a mentor who comes from a relevant/specific industry that I am interested to enter when I take the IntensE Track?
We will strive to make contacts and match you with mentors from relevant fields.
19. Do I have access to mentors if I join the IntegratE Track?
No, participants of IntegratE Track do not have access to mentors. However, they will gain access to knowledge resources, which includes access to Platform E’s service partners and subsidised participation in fee-payable workshops, clinics and bootcamps organized by Platform E.
20. The programme fees include co-working space. If I do not need the space, can I get a refund?
No, there will not be any refund.
21. Can participants of Platform E expect to get invested?
Yes, they can. However, do note that investment by Platform E is non-cash at this stage. The selection process will be based on merit and the final decision will depend on the Board of Directors’ / Investment Committee’s approval.
In our ecosystem, there is an angel investor network and other funding entities with whom we are partners with. Pitching and networking events will be organised for budding start-ups to get potential funding. For IntensE Track participants, the mentor that you are matched with to help in the development of your entrepreneurship skill sets and business idea may over time decide to invest. The elements of investment will be decided by the funding party.
(for IntensE Track applicants only)
22. How many types of Scholarship/Bursary are there?
1 types of Scholarship available is the Platform E Scholarship.
1 type of bursary available is the Platform E Bursary.
23. Who is eligible for the scholarship/bursary?
In general, the applicant must be keen to start a high-growth, scalable business, and be a learning-oriented individual who would benefit from the scholarship. He/she should also possess an unrelenting entrepreneurial passion, motivation and enthusiasm in exploring the entrepreneurship path and making a difference.
Each type of scholarship/bursary may have different prerequsites; hence, it is highly recommended for the applicant to read the description and application form in detail before applying.
24. What is the value of the scholarship/bursary?
The Platform E Scholarship covers 50% of the IntensE Track programme fee, which is equivalent to SGD $6,000.
The Platform E Bursary covers 25% of the IntensE track programme, which is equivalent to SGD $3,000.
25. How are the scholarship/bursary awardees chosen?
The Platform E Scholarship/Bursary will be awarded to deserving candidates, who are determined by the Platform E Scholarship/Bursary Panel. Applicants will be automatically considered for the Platform E Bursary, if he/she is not awarded the Platform E Scholarship. The selection of awardees may be conducted during the admission interview.
Interviews will be arranged for the panel of the respective Industry Partner to review Industry Scholarship applicants and choose the awardees.
The decision made after the interview is final. No justification will be given to unsuccessful candidates and no appeals will be entertained.
The selection will include, among other things, an assessment of the applicant’s entrepreneurial spirit, creativity, and problem-solving capability. Selected candidates will be notified via email.
Only applicants who have applied to and accepted into the programme will have their scholarship/bursary application admitted for consideration.
In the situation where there is a lack of suitable candidates, Platform E/corporate sponsor/industry partner reserves the rights not to award any/all of the scholarships/bursaries.
26. What is the application process for scholarships/bursaries?
The scholarship/bursary application is open once for each IntensE Track intake and will close on the same day as the IntensE Track programme application. No late applications will be accepted.
Applicants to the programme will be directed to the Platform E Scholarship/Bursary application after he/she completes his/her programme application.
Applicants interested to apply for any stated Industry Scholarship can click on the yellow buttons at the end of each scholarship's description and he/she will be directed to the form.
27. How will the scholarships/bursaries be disbursed?
The scholarship/bursary amount will be directly credited to SIM AEC Pte Ltd; hence, no payment will be disbursed to the awardees.
For the Platform E Scholarship, 50% of the total programme fee (equivalent to SGD$6,000) is covered by the scholarship. Hence, awardees are only required to pay SGD$2,000 for each cycle.
For Platform E Bursary awardees, they are required to pay SGD $3,000 for each cycle as 25% of the total programme fee (equivalent to SGD $3,000) is covered.