The launching of Grants4Apps in Singapore. — VNS Photo Thu Ngan

People in Singapore and across the Asia Pacific have a chance to win financial support of S$10,000 (US$7,000) to advance their innovative health tech solutions to improve medication adherence by elderly people with chronic diseases by submitting their works to www.grants4apps.com/Singapore.

“Grants4Apps Singapore”, launched by Bayer and NUS Enterprise, an entrepreneurial arm of the National University of Singapore, is a web-based crowd sourcing initiative.

The programme is an extension of the global Bayer Grants4Apps initiative launched in 2013, which provides financial support to developers, start-ups and entrepreneurs to develop their ideas for apps, hardware and software technology, contributing to improved health outcomes, pharmaceutical processes and better patient outcomes.

Three winners will be selected and receive S$10,000 each and access to mentorship from Bayer, NUS Enterprise and other industry partners.

They will also be eligible for incubator support from NUS Enterprises as well as access to the Modern Aging Singapore business accelerator programme organised by ACCESS Health International and NUS Enterprise.

Submissions to the “Grants4Apps Singapore” programme close on 14 February next year.

Firstly, five semi-finalists will be selected in March 2017 for a final round of coaching and pitching, culminating in the final awards ceremony in May 2017.

Winner may be admitted to the global Grants4Apps programme and the Grants4Apps Acceletor, and stand a chance to receive additional financial support, mentorship by Bayer mangers and an international network of external entrepreneurs as well as co-working space at the global headquarters of Bayer Pharmaceuticals division in Berlin, Germany. — VNS