SGInnovate

Last updated

SGInnovate
Company typeInvestment
IndustryDeep technology
Founded22 November 2016;8 years ago (2016-11-22)
FounderSteve Leonard (Founding CEO)
Headquarters
Singapore
,
Singapore
Key people
Lim Jui (CEO)
Yong Ying-I (Chairman)
Owner Government of Singapore
Website www.sginnovate.com

SGInnovate is a government-owned innovation platform in Singapore centred on the development of deep technology. [1] It was established in 2016 to consolidate innovation activities in Singapore. SGInnovate was founded to advance and scale deep technology products from Singapore. [2] [3] [4]

Contents

SGInnovate manages a portion of the Startup SG Equity fund worth $200 million. It co-invests in startups that specialize in research-driven technology. It works with universities, polytechnics, and ecosystem companies and organisations. [5]

History

In 2017, SGInnovate announced Deep Tech Nexus. SGInnovate announced that it will invest in at least 20 startups founded in Singapore, and will host 15 thousand participants over more than 150 events in 2018. [5]

In 2021, SGInnovate announced a three-year partnership with Singhealth to advance healthcare AI. [6]

See also

References

  1. ↑ "Helping founders launch, prove and scale deep tech products borne out of science research". SGInnovate. 20 November 2017. Retrieved 22 August 2019.
  2. ↑ Cheok, Jacquelyn (23 November 2016). "SGInnovate launched to unify innovation efforts in Singapore". The Business Times. Retrieved 16 August 2022.
  3. ↑ Tan, Zhixin (24 September 2019). "Characteristics of Singapore's deep tech sector, based on a study by SGInnovate". KrASIA. Retrieved 16 August 2022.
  4. ↑ Chia, Jie Lin (14 December 2018). "Juliana Lim, Head of Talent Networking, SGInnovate, Singapore". GovInsider. Retrieved 16 August 2022.
  5. 1 2 Cheok, Jacquelyn (29 November 2017). "SGInnovate to invest in 20 start-ups, engage 15,000 participants under new deep tech strategy | The Straits Times". The Straits Times. Retrieved 16 August 2022.
  6. ↑ Staff, TechNode Global (9 November 2021). "Singapore's SingHealth and SGInnovate announce three-year partnership to advance healthcare AI". TNGlobal. Retrieved 1 December 2023.
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