"Bootcamp" for aspiring social entrepreneurs

Over 30 aspiring social entrepreneurs will be given the opportunity to create and grow their social ventures at the DBS-Hub Social Entrepreneurship Bootcamp, which started on Friday night.

The three-day bootcamp is presented by DBS Bank and The Hub Singapore, an incubator space for social enterprises. It uses training methodology developed by business school Insead.

Bootcamp participants will get to network with like-minded individuals and learn about designing novel solutions to address social problems. They will also have to demonstrate what they learn and pitch their projects to a judging panel.

The National Volunteer and Philanthropy Centre (NVPC) will sponsor $5,000 worth of "development opportunities" such as mentorship and training to the winning team. As part of the pitch, participants may also receive a grant of up to $50,000 through NVPC's Jump Start Fund. The fund aims to help get fledgling ideas off the ground by supporting less-established groups.