


We want to discover and support you if you are changing the world through a food startup focused on new protein. The Big Idea Food Competition, created in partnership with Informa Markets, will take place in six countries throughout Asia this year, with the Finals being held in Singapore April of 2023. The BIFC will bring you together with supporters such as corporates, food leaders, experts and investors across the region.
The competition has two stages and gives you an opportunity to develop your business, pitch your ideas and present your products to experts and judges from the food industry.
The best five startups will be selected from each country to compete to crown the national champion. The national champions will be asked to compete in the finale in the final location. We will be hosting online / virtual competitions in four countries: Thailand, Korea, Japan, Indonesia and two in-person competitions in Singapore and China.
Phase II: International finals
The finals will take place in April 2023. Winners from each country will pitch, present their products, and prepare tasting for the panel of judges and experts from the industry. Startups will be judged on their business pitch and the quality of their culinary application of product.


- Plant-based and/or fermentation-based startup in the meat, seafood or dairy industry
- Business must be registered in one of the participating countries
- Pre-seed or seed stage only
- Pilot stage to post revenue companies are welcome
- No institutional investments (less than USD$ 500,000) on cap table
- Startup must have pilot product, safe to consume and tested
- Must have enough product to test and ultimately present during the competition
- Should not already be a BIV portfolio company whether now or anytime before BIFC grand finals in Q1 of 2023

The ultimate winner of the BIFC compeition will receive a USD$ 200,000 investment package from BIV and automatic inclusion into Big Idea Venture's Cohort #8 accelerator program based in Singapore. Find out more about BIV's global accelerator program here.
Additional prizes include:
- Sponsored Trip and 4-Day Alt Protein Program in Singapore For BIFC Finals 2023
- One Day Production Run at SG Protein for the Singapore Edition Winner
- Tastelab Workshops and Executive Pitching with Classic Fine Foods
- Three Month Product Trial at Saladstop! Singapore locations
- Account Support from GoodFoodPeople B2C Plant-Based Marketplace
- Business Matching Support from Competition Parnet Saladplate




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Discover Big Idea Ventures Investments
What is BIFC?
Simple answer is we are using the Big Idea Food Competition (BIFC) as a way to discover and support the best entrepreneurs in the competing countries! That’s you! If you are interested please apply through the Apply Now button above. Click here to find out more about what the competition is all about!
Who is eligible to participate in the competition?
Find out if your startup is eligible by clicking here.
How do I apply for the competition?
Click here to access the BIFC application form.
Where will BIFC be taking place and when?
Click here to find out where BIFC takes place.
What is the USD$ 200,000 investment package?
The investment package from BIV is broken into a USD125,000 equity investment into your startup via the industry standard SAFE note, generally between 6% and 8% equity stake. Additionally, BIV offers an additional USD75,000 in in-kind services per investment for access to the accelerator program, office space, lab support, and events and other services. This BIFC Finals winner will also automatically be entered into BIV Cohort #8 based in Singapore, kickoff July 2023. If you would like more information about BIV’s accelerator company investments please read here.
Who are BIFC's partners
Click here to find out more about the amazing organizations supporting BIFC this year!
Can I watch the competitions as an audience member?
Is there a way for me or my organization to be BIFC partner?
We are always happy to welcome new partners to join the BIFC community! Contact [email protected] to find out more.
What are the prizes of BIFC?
Click here to find out more about the attractive prizes your team can win by joining BIFC!
Who are the judges of BIFC?
Can I withdraw my BIFC application?
We are sad to see you go and hope to see you next year! Contact [email protected] to withdraw your application from BIFC.
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