Beating five other teams in the finals on 8 July 2010, 23-year-old Mark Jensen from Brigham Young University (United States) won the 5th Lee Kuan Yew Global Business Plan Competition organised by SMU. His business plan to revolutionise the communication tower and utility pole industry with a new technology that produces a stronger, lighter, safer and maintenance-free structure landed him the top prize of US$36,000. “One of the things I’ve learnt here is to constantly improve and that will be very important when I go out to raise real money,” Mark said. Clinching the new Most Promising Young Entrepreneur award is 21-year-old Sukhsagar Jolly from University of Waterloo (Canada). His team came in 1st runner-up, winning US$12,000 with their screening device for hospital bacteria. In third place, the team from City University of Hong Kong won US$3,000 for its transgenic fish which can test for toxic substances found in everyday consumer products and the aquatic environment. SMU’s The Dunbar Project was one of six finalist teams and won US$500. They are in the running with the other two Singapore teams for a S$100,000 HSBC Investment Grant to give life to their business idea.