The startup takes home US$71K in the form of a cash grant after winning the Income Future Starter competition
Jaga-Me, a go-to platform for on-demand home-care that aims to help patients and families transition smoothly from hospitals to quality care in the comfort of their own homes, won the NTUC Income Future Starter last Saturday, according to an official release yesterday.
The Singapore startup beat 200 competitors, including five finalists, for the S$100,000 (US$71,000) cash grant. The Future Starter is part of NTUC Income’s drive to “encourage young Singaporeans to take control of their futures by making the right decisions now”.
“Jaga-Me started off as just an idea we all thought would really work in Singapore and across the region. We are grateful to our mentors for their guidance and the support of NTUC Income in our entrepreneurship endeavours,” said 29-year-old Ling Ling Kuah, who is one of three Co-founders alongside Jia Yi Har and Julian Koo.
The team aims to make professional nursing services accessible to the masses in Singapore and Southeast Asia. It also hopes to alleviate the bed crunch in hospitals.
“Jaga-Me stood out by clearly demonstrating a very strong value proposition and an outstanding potential to fulfill the needs of the rapidly growing home-care market,” said Tuck Oon Choong, another one of the judges and a member of NTUC Income’s Board of Directors.
“They have taken the important first step – a decision that could have a strong impact on the future. It is a long journey to make a business idea a reality, and it is a journey through which NTUC Income aims to inculcate financial management and security in the winning team,” said Marcus Chew, Senior Vice President of Strategic Marketing and Communications, NTUC Income, also a judge.
NTUC Income is the only insurance co-operative in Singapore.
The winners of the inaugural competition last year, Privi, whose product is a medical device for haemorrhoid sufferers to manage their symptoms at home, is now in its clinical trials stage and should be available commercially in 2017.
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