FAQ | vcapprentice

FAQs

Please note that this FAQ only serves as a general guide. For the official Terms and Conditions, please click here.

1) Who can take part in Tyro.VC?

Tyro.VC is opened to all Singapore Citizen/PR who is interested in venture capital and investment management. We welcome both students and/or working professionals to sign up for the competition.

2) Do I need to be physically in Singapore to participate?

Yes, participants are required to be physically present in Singapore during the interview, trainings, filming and pitching days which will occur in the period of 29 Nov 2014 to 23 Jan 2015.

3) What is the level of commitment required from participants during the period of contest?

The detailed schedule will be given to the top 10 finalists on the interview day. Tentatively, all participants are to keep 29th November 2014 free should they be selected to come down for the interview sessions.

There will be two weeks of trainings which have been designed such that participants are equipped with the necessary skills to engage start-ups and VCs. The training may include using of Business Model Canvas and deals systems, presentation, sales and personal grooming. The exact dates of the training sessions are yet to be confirmed and will be revealed once able. However, participants are advised to keep the first 2 weeks of Dec and last 2 weeks of Jan 2015 free where most of the trainings will be conducted. In addition, ah-hoc trainings will also be arranged between Dec 14 to Jan 15.

4) Is it compulsory for me to accept the 1 year apprentice contract should I win the challenge?

The 1 year employment contract will be offered to the winning apprentice,‘The Tyro’ however it is not compulsory for the apprentice to accept the offer.

5) I am still currently studying for my degree but I am interested to work with the VC should I win the competition , may I know if I can accept the apprentice contract offer only after I have graduated?

The employment contract will be valid for 1 year from the date of finale.

6) Will the winning start-up be guaranteed S$1,000,000 investments from the organiser?

No the winning start-up company will NOT be guaranteed an investment of S$1,000,000 from the organiser. All investments are made at the organiser’s discretion after the competition and is subjected to Terms and Conditions. Please refer to the detailed Terms and Conditions for more information.