OCBC Sustainability Innovation Challenge 2023

Deadline: 15th of September, 2023

In the OCBC Sustainability Innovation Challenge 2023, OCBC will collaborate with TotalEnergies – a multi-energy company.
OCBC, with their considerable sustainable finance portfolio of $47 billion and extensive experience in offering innovative sustainable financing solutions, and TotalEnergies, a major player in energy transition with an ambition to achieve net zero together with society by 2050, can create a greater impact in this area by working together.
Together with TotalEnergies, the OCBC Sustainability Innovation Challenge 2023 aims to create value and positive changes to promote a sustainable energy transition.


  • Challenge 1 : New Markets for Repurposed EV Batteries
  • Challenge 2 : Greater Penetration of Distributed Generation Systems
  • Challenge 3 : Better Infrastructure and Greener Energy for EV Charging
  • Challenge 4 : Greener Raw Materials for Manufacturing


  • OCBC offers a prize pool of SGD150,000 and winning teams stand a chance to pilot their solutions with TotalEnergies.
  • Winning teams will be fast-tracked into the final jury phase of the TotalEnergies On  acceleration programme under Station F .
  • Winning teams will also have early access to mentorship and funding opportunities from Cathay Innovation and Tikehau Capital .


  • Looking for startups that possess solutions that can be adapted to address one or more of our challenge statements.
  • Can be located anywhere in the world but must have an interest in developing and implementing your solutions with organisations in Southeast Asia after the Challenge.

Evaluation Criteria:

  • Innovativeness – 30%
    • How unique is the approach in solving the problem?
    • How does the proposed solution compare to the next best alternatives?
  • Effectiveness and Impact – 25%
    • How effective is the proposed solution in solving the problem?
    • How big is the potential impact or business value generated (e.g. amount of waste eliminated, value of byproducts, etc.)?
  • Feasibility and Scalability – 25%
    • Is the proposed solution technically feasible and can be piloted within the next 12 months?
    • Is this solution scalable?
  • Capability – 20%
    • Does the team/company have the experience (shown through its track record), skills and resources that demonstrate its ability to develop this solution from proposal to pilot and beyond?

Click here to apply 

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button