Impact Beyond Award 2024

Impact Beyond Award 2024

The DBS Foundation Impact Beyond Award aims to unearth and support innovative businesses that address the world's most 'wicked' problems, awarding a total of S$3 million in prize money to visionary businesses.

Each year, the award will pose a challenge statement that spotlights one of society's pressing needs and invite businesses to pitch innovative and transformative solutions.

This year, the Foundation continues to build on its focus on ageing societies, seeking solutions that enable everyone to age with dignity, purpose and joy.

Spark

2025 Challenge Statement

The DBS Foundation is on a mission to find and support innovative, inclusive and scalable businesses that help us to reimagine ageing societies – from the way we live and work, to how we prepare ourselves financially, mentally and physically.

The DBS Foundation Impact Beyond Award is not just an award – it’s a movement. A movement to scale bold ideas and drive real, sustainable impact. We are looking for the trailblazers and change-makers who see the ageing population not as a problem, but as an opportunity to innovate and create longevity solutions.

What are we looking for?

Imagine a future where one in four people in Asia is over the age of 65. As birth rates fall and people live longer, we need to redesign our world so that people at all stages of life can thrive. Our world will be increasingly shaped by the needs, ambitions and contributions of older adults – creating new opportunities to reimagine ageing societies.

The Impact Beyond Award 2025 calls for innovative, inclusive and scalable businesses that prepare us to not only live longer but with dignity and purpose – from the way we live and work, to how we prepare ourselves financially, mentally and physically.

1

Our Spaces – Housing, Built Environment, Community Design

How can we design and build neighborhoods that enable healthy, independent and active lifestyles for people of all ages, resulting in greater physical, social and mental resilience?

2

Physical and Mental Wellbeing

How can we have healthier lifestyles from an early age and build strong support systems as we age to combat loneliness and caregiving stress?

3

Financial Resilience

With greater economic uncertainties and more transitions, how can we help people to be more financially ready to live longer lives?

4

Living Purposefully

How can might we enable older adults to keep learning, connecting and contributing meaningfully throughout their lives?

Who should apply?

We are looking for businesses (Social Enterprises and SMEs) with

  • Bold, innovative approaches that challenge the status quo and offer fresh perspectives for ageing societies. We are looking for game-changing solutions that can redefine ageing societies.
  • Potential for transformative impact that can create lasting change at scale. This is an opportunity to pilot new projects that can really make a lasting difference.
  • Inclusive solutions that enable the wider population, including those in need, to age well.
  • Ambitious, actionable plans for scaling up. Share your strategic vision for growth and key enablers for to get there.

Eligibility

  • Registered business entity
  • SEs/SMEs* with annual total revenue of at least S$3m in the most recent financial year**
  • Operating in one of these 6 markets (Singapore, Hong Kong, Taiwan, China, India, Indonesia)

Submit your application here

*SMEs are defined as businesses with less than S$100M in annual total revenue in the most recent financial year

** Exceptions subject to discretion of DBSF on a case-by-case basis

Scale your impact

Embark on a transformative journey to fuel your business growth.

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Receive up to S$1 million to scale impact

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Be mentored by DBS management and business leaders

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Enjoy greater access to networking and collaboration opportunities

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Become a key part of the DBS Foundation regional community

Timeline

Oct 2025 to 12 Jan 2026

Applications open until 12 January 2026, 1800H SGT.

Feb – Apr 2026

Evaluation of applications

May – Jun 2026

Announcement of awardees

Submit your application here.

FAQs

Terms & Conditions apply

Learn more

Providing Essential Needs

Discover how we improve access to food and nutrition, basic education and healthcare, including mental health, and tools to better cope with daily stressors.

Fostering Inclusion

Learn how we provide skills and tools to improve financial and digital literacy, as well as access to financial products.