Participants' Guide 2021 - Secondary Category - Prudential Young Trailblazers

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Participants' Guide 2021 - Secondary Category - Prudential Young Trailblazers
Participants’
Guide 2021
  Secondary Category
     Last updated May 2021
Participants' Guide 2021 - Secondary Category - Prudential Young Trailblazers
Content Page
   3    WELCOME NOTE
        From the organizer

   4    COMPETITION TIMELINE
        From launch to finals

   5    JUDGING CRITERIA
        Of the competition

   6    COMPETITION AWARDS
        Of the competition

   7    BIDDING FORMAT
        For problem statements

   8    FINAL SUBMISSION FORMATS
        For the competition

   14   HOW TO LOG INTO ZOOM
        For the competition

   15   HOW TO UPLOAD INTO DROPBOX
        For the competition

   16   RULES AND CONDITIONS
        Of the competition

   17   PDPA
        Of the competition

   18   INTELLECTUAL PROPERTY
        Patent, trademark and copyright

   19   ACKNOWLEDGMENTS
        Of all contributors and partners

                                  Participants’ Guidebook

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Participants' Guide 2021 - Secondary Category - Prudential Young Trailblazers
Welcome Note

Dear Young Trailblazers,

       The year 2020 will leave indelible memories because of the changes and challenges
posed by the coronavirus pandemic across the world. Against the backdrop of an already
rapidly changing world, the pandemic has brought sweeping changes across many
sectors at an astounding rate. The key to navigate successfully through all these changes
is innovation. Industries that were hit hard by the pandemic have to adopt new ways of
doing things.

        At Acorn Training, we too had to find new ways of organizing the Prudential Young
Trailblazers competition. In February of 2020, when the number of COVID-19 cases in the
community started to rise significantly, we were concerned about the feasibility of running
a competition that would bring students from different schools together. At that point, we
had to make a decision whether to continue or postpone the competition. We took the
bold step to continue because we wanted to take the opportunity to explore new ways of
running this competition. We had to “walk the talk”. The outcome was that we organized
one of the first online hackathon for students. Design thinking workshops and mentoring
sessions were effectively conducted while everyone participated in the safety of their own
homes. At the finals, every team had the opportunity to pitch their ideas online to the panel
of distinguished judges. It was our first but the remote collaboration among all the teams
was highly impressive and successful.

        Each year, we aim to fulfil the vision of this competition: where ideas become real.
We are proud that the winning team from Millennia Institute in the tertiary category went
on to set up their own fintech company as a result of the competition and successfully soft
launched their product at the prestigious Singapore Fintech Festival. For the 2021 edition,
we hope to support more students to embark on this exciting journey of innovation and
entrepreneurship. We look forward to equipping you to be the next generation of
trailblazers.

Yours Sincerely,

                    Elmer Lau
                    Training Director, Acorn Training Pte Ltd
                    Organizer of Prudential Young Trailblazers

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Participants' Guide 2021 - Secondary Category - Prudential Young Trailblazers
Competition Timeline

 Programme                                                Secondary Category

 Release of Problem Statements
                                                               8 May 2021
 (www.youngtrailblazers.net/)

 Competition E-Launch
 Participants to bid for problem statements via                15 May 2021
 URL that will be posted in the Team WhatsApp Chat.

                                                               29 May 2021
 Hackathon Part 1
                                                                0830-1300

                                                                3 July 2021
 Hackathon Part 2
                                                                0830-1300

 Submission of Storyboard                                      17 July 2021

 Submission of Storyboard, Business Pitch
                                                               24 July 2021
 (Video and PowerPoint) and Validation Template

 Semi Finals and Final Presentation                            31 July 2021
 Award Ceremony                                                 0830-1500

 Competition Guidelines

 To qualify for the Finals, the teams must complete and submit the following:

    1.   Prototype
    2.   Business Storyboard
    3.   Business Pitch (Video)
    4.   Business Pitch (PowerPoint)
    5.   Validation Template

 More information can be found in the following pages.

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Participants' Guide 2021 - Secondary Category - Prudential Young Trailblazers
Judging Criteria
   s

1. Most Impactful [40 points]
     a) Idea is functional.
     b) Idea is able to solve the primary problem.
     c) Idea is able to benefit the primary beneficiary.

2. Besr Innovative [30 points]
      a) Uniqueness [15 points]
      - Idea is innovative and differentiated internationally.
       b) Feasibility [15 points]
       - Idea can be implemented and has been validated in prototype testing or survey.

3. Business Pitch [30 points]
      a) Clarity [10 points]
      - Clear and concise presentation within 3 minutes.

       b) Engaging [10 points]
       - Presentation engages the audience well.

       c) Persuasive [10 points]
       - Well-structured presentation that creates a strong buy-in.

The Overall Winner will be awarded to the team with the highest total points from the above
three criteria – impact, innovation, and business pitch.

SPECIAL AWARDS:

1. People’s Award [20 points]
      a) Highest Reach refers to the total of respondents (min 200 pax) from
         Instagram/Facebook/Survey

2. Business Storyboard [10 points]
      a) Clarity and Organisation [5 points]
      - Idea is presented in a clear and concise manner
      - Storyboard is organized well to persuade the reader through a logical flow
      - Prototype pictures demonstrates how the solution makes improvement

       b) Aesthetics [5 points]
       - Storyboard appeals to the reader with good use of pictures, whitespaces, font
          and colours

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Participants' Guide 2021 - Secondary Category - Prudential Young Trailblazers
Competition Awards

                               Overall Winner
                                  $1000

 Most Impactful                Best Business                  Best Innovation
    $300                           Pitch                           $300
                                 $300

                               SPECIAL
                               AWARDS

              People’s Award                     Best Storyboard
                  $200                               $100

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Participants' Guide 2021 - Secondary Category - Prudential Young Trailblazers
Bidding Format
List of problem statements will be released by 8 May 2021 on the website.

www.youngtrailblazers.net

Competition Details > 2021 Competition Details > Problem Statements

Bidding Process

1.Teams should discuss from the list of problem statements and choose their top 8
choices

2. On 15 May 2021, between 1600-2000, teams must make their selection by filling up an
online form released in the WhatsApp Team Chat.

3. Problem statement will be assigned based on (1) Priority in ranking (2) Time stamp

4. Teams will be notified on their assigned problem and mentors within the following
week in the WhatsApp Team Chat.

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Participants' Guide 2021 - Secondary Category - Prudential Young Trailblazers
Business Storyboard
 Submission Details

 The deadline for entry is 17 July 2021 at 2000 hours. By submitting an entry, you agree
 to the competition’s term and conditions. Submit your business storyboard into
 Dropbox (online platform).

    ▪   All submissions must be in WORD and PDF format.

    ▪   Please name your submission correctly with your School_Team
        Name_Storyboard.

    ▪   For example: XXX Greenridge_Plights_Storyboard

    ▪   Entries submitted in any other formats or with the wrong naming convention as
        stated above will NOT be accepted.

 Deliverables Required

 Compulsory components your storyboard should contain:

    ▪   Project Title

    ▪   State the Problem

    ▪   Solution

    ▪   Target Market/Beneficiary

    ▪   Impact/Desired Outcome

    ▪   Photos of Prototype (up to 6 max) to illustrate product, process or service.

           o   Images and backgrounds are to be processed and resolution in 300ppi

           o   All original images must be provided and stored separately in an
               “Images” folder

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Business Storyboard
Artwork Format

▪   Final artwork is to be saved in both WORD and PDF format (Press Quality).

▪   You should use font types, font sizes, and line spacing to make your poster as
    visually effective as possible. A good rule of thumb is to keep things simple - keep
    to one font type and have a hierarchy for font size and line spacing.
    Recommended font size:

       o   Heading: 48 to 60-point font size

       o   Content: 24 to 32-point font size

▪   Images should be no smaller than 12cm (H) x 16cm (W).

▪   Contents must be within the margins (540mm by 660mm).

▪   DO NOT remove, adjust, or change the position of the logos/poster heading.

▪   Your school’s name and team members’ names must be included in the poster.

▪   Word template is available for download in the ‘Final Submission’ folder. Please
    contact the organisers if you need the template in .ai format.

▪   Sample provided (next page) is for reference only.

    You do not have to follow the same layout.

The Organiser reserves the right to limit and refuse requests without assigning any
reasons thereof.

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Business Storyboard

                                     Do not
                                     edit/remove
                                     .

                                     Do not
                                     remove.

                      Participants’ Guidebook

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Validation Template
Submission Details

The deadline for entry is 24 July 2021 at 2000 hours. By submitting an entry, you agree to the
competition’s term and conditions. Submit your validation template into Dropbox.

   ▪   All submissions must be in word template format.

   ▪   Please name your submission correctly with your School_Team Name.

   ▪   Entries submitted in any other formats or with the wrong naming convention as stated
       above will NOT be accepted.

Sample Validation Template
               Methods
 Instagram     Convert your Instagram account to business account.
               Screenshot your Instagram Insights for the last 30 days and the last 3 posts.

               The accounts reached will be considered for the People’s Award.

 Google        The number of respondents will be considered for the People’s Award. You
 Form          are advised to include quality feedback from stakeholders.

                                                          Participants’ Guidebook

Quantitative Feedback                                                              11
The number of people reached and surveyed will contribute to the ‘Highest Reach Award’.
Examples are shown below:
   1. Instagram Screenshot          2. Survey Polling
Business Pitch (Video)
 Submission Details

 The deadline for entry is 24 July 2021 at 2000 hours. By submitting an entry, you agree to
 the competition’s term and conditions. Submit your business pitch video into Dropbox.

    ▪   All submissions can be recorded via zoom.

    ▪   Please name your submission correctly with your School_Team Name.

    ▪   For example: XXX Greenridge_Plights

    ▪   Entries submitted with the wrong naming convention as stated above will NOT be
        accepted.

 The Business Pitch (video) is a 3-minute pitch, similar to the semi-finals. Mentors, teachers
 and stakeholders are encouraged to join as audience. Feedback from the audience
 should be captured during or after the presentation. The feedback should target the
 team’s business plan and not on how the team performed.

 This submission is compulsory for all teams to qualify for the finals, although it will not
 contribute to the overall judging criteria.

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Business Pitch (Powerpoint)
 Submission Details

 The deadline for entry is 24 July 2021 at 2000 hours. By submitting an entry, you agree
 to the competition’s term and conditions. Submit your business pitch PowerPoint into
 Dropbox.

    ▪   Please name your submission correctly with your School_Team Name _Version 1

    ▪   For example: XXX Greenridge_Plights_ Version 1

    ▪   If submitting an updated version, simply submit the file with an updated file
        name: School_Team Name_Version 2. Note that submitting another file
        overwrites the file that was previously submitted.

    ▪   Entries submitted in any other formats or with the wrong naming convention as
        stated above will NOT be accepted.

 Business Pitch (For Finalists)

 Semi-finals are compulsory for all participating teams. Finalists will be shortlisted and
 informed on the same day. They will be judged on their 3 minutes pitch followed by 2
 minutes of Q&A from Judges’ panel.

 Judging Criteria of the Business Pitch

    1. Communication of problem and solution in a concise manner.

    2. Persuasiveness.

    3. Effective use of visual aids.

    4. Good use of time allocated.

 The Business Pitch is an opportunity for the students to try and sell their idea to get the
 judges motivated to explore the idea in greater detail; and to make the judges
 consider “investing” in their company. During the interview/Q&A, the judges will probe
 deeper into the idea and business to find out if the students have a good knowledge
 of their idea and their business. This allows the judges to understand a given potential
 capital injection, how the participants will use the capital in the company and what
 the Return on Investment is likely to be. The judges will also be able to see how the
 students handle presentation and questions under pressure.

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How to log into Zoom
 Your team will receive the Zoom Details through WhatsApp Team Group.

 Connect via PC/laptop

 You may enter the Meeting ID and Password to join in the video call on
 https://zoom.us/join or on the Zoom Application. You are encouraged to download
 the latest Zoom Application on your laptop for the optimal experience.

 For example, as shown below:

 Naming Convention

 All participants must name accordingly: “Group Index_School_Name of Student”. The
 group index will be informed via WhatsApp Team Group.

 Teachers and mentors will be named as “School_Mr/Ms Name”.

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How to upload into Dropbox
Your team will receive Dropbox link through WhatsApp Chat Group to submit your
documents.

Step 1: Copy and paste the Dropbox URL into your browser. Do keep the Dropbox
URL confidential. Note: You do not need to have a Dropbox account

 Step 2:
 Select ‘Choose files’ from your PC. Fill up your Name and Email Address before
 submitting.

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Rules and Conditions

1. The submitted entries should neither have won awards in any open competition nor
   been submitted concurrently to other similar competitions.

2. Entries submitted must be participants’ own business idea; any form of plagiarism will
   be rejected.

3. Finalists will be required to pitch their business idea to a panel of judges.

4. The judges’ decision is final, and no private correspondence will be entertained. No
   award will be made if the entries do not reach acceptable standard.

5. All entries should be submitted online to Dropbox. All submissions must be true and
   fully completed. False or incomplete entries will be disqualified or rejected.

6. Closing Date: All entries must be submitted by according to the dates as stated.

7. Participants shall bear all costs incurred in submitting the entry. While the participants
   should prepare prototypes upon submission of their online applications, they are only
   required to submit the prototypes when their projects are shortlisted. Participants
   should be able to present their prototypes as and when required by the judging
   committee.

8. While every care will be exercised in the handling of the entries, the organisers will
   not be held responsible for any loss or damage.

9. The organisers will not be responsible for any loss of patent rights.

10. The rules and regulations are subject to change without prior notice.

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PDPA

1. In compliance with the Personal Data Protection Act (PDPA), Acorn Training Pte
   Ltd (ATPL), Oaktree Enrichment Pte Ltd (OEPL) and Prudential Young Trailblazers
   (PYTB) seeks your consent to collect and use your personal data (i.e Name, NRIC,
   Contact number, and E-mail address) in order to maintain the ATPL, OEPL, and
   PYTB registry of participants and to disclose such personal data where necessary
   ("Purposes").

2. ATPL, OEPL and PYTB will also collect and use your personal data to provide you
   with food vouchers, video recording on zoom and post-competition interview, and
   updates on various events such as seminars and workshops under PYTB Alumni
   which may be relevant to you {"Services").

3. ATPL, OEPL and PYTB respects your privacy and assures that your personal data will
   be kept securely to PDPA

4. Submitting your details through this e-form will be deemed as an
   acknowledgement and consent to ATPL, OEPL and PYTB to use your personal data
   for aforesaid Purposes and Services. In the event that you have registered your
   Singapore telephone number(s) with the Do Not Call Registry and wish to withhold
   or withdraw my consent to ATPL, OEPL, and PYTB in respect of receiving telephone
   calls and/or SMS, do provide sufficient notice to ATPL, OEPL, and PYTB of such as
   soon as reasonably practicable. I further agree to indemnify ATPL, OEPL, and PYTB
   against any financial penalties imposed by the Personal Data Protection
   Commission or any court of law in Singapore as a direct or indirect result of your
   failure to inform ATPL, OEPL and PYTB of your registration with the Do Not Call
   Registry.

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Intellectual Property
As you embark on this journey of innovation and entrepreneurship, you will find that your
ideas both need to be shared publicly as well as be protected wisely. This process is about
understanding your Intellectual Property Rights (IPRs).

Intellectual Property (IP) refers to the ownership of a creative work, whether it is an
expression or solution to a problem. IPRs serves to protect the value of such IPs. It
encourages greater creativity and innovation in society by ensuring that the creators of
the IPs get to reap the benefits of their work or contribution made.

There are many forms of IPRs. The common ones are:

   1. Patents: protects the functional expression of an idea.

      E.g. Machines, methods, processes, manufacturing process, composition of matter
      or the improvements of any of these items, etc.

   2. Copyrights: protects the specific creative expression of an idea through a medium
      of artistic or creative expression.

      E.g. Paintings, photographs, sculpture, writings, software, etc.

   3. Trademarks: protects any symbol that indicates the source or origin of the goods
      or services to which it represents. The main purpose of a trademark is to protect the
      consumers by informing them where the goods or services originate from. This
      provides them with prior knowledge regarding the reputation or marketing of the
      origination of the goods or service.

      E.g. Brand logo, tag phrases, etc.

Eventually, when your team discovers the next big idea, creates the next new expression
or product, or even creates a new brand name, you will want to have your IPs protected
and respected. To find out more, please refer to https://www.ipos.gov.sg/understanding-
innovation-ip to get an understanding of innovation and IP in the Singapore setting.

Likewise, it is important to remember that whenever an idea, product or even symbol is
taken as a building block of your IP, a referencing to where the source originates from
must be made. You may use your own preferred referencing format, just as long as the
proper credit due is given.

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Acknowledgements

    Organisers               Lead Collaborator

                 Partners

                            Participants’ Guidebook
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Prudential Young Trailblazers Participants’ Guidebook

Prepared by ACORN TRAINING PTE LTD
For the Prudential Young Trailblazers Competition

© 2021 ACORN TRAINING PTE LTD. All Rights Reserved

Any reproduction of this publication is a direct violation of the copyright law. This
includes, but not limited to, colour copying, any other photocopying or faxing, email
distribution of copy, or posting content on the internet.

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