dotlah! dotlah!
  • Cities
  • Technology
  • Business
  • Politics
  • Society
  • Science
  • About
Social Links
  • zedreviews.com
  • citi.io
  • aster.cloud
  • liwaiwai.com
  • guzz.co.uk
  • atinatin.com
0 Likes
0 Followers
0 Subscribers
dotlah!
  • Cities
  • Technology
  • Business
  • Politics
  • Society
  • Science
  • About
  • Lah!
  • Technology

Grab Collaborates With IMDA To Pilot Grab Ventures Ignite In Singapore

  • March 20, 2020
Total
0
Shares
0
0
0

Grab, Southeast Asia’s leading super app, and the Infocomm Media Development Authority (IMDA) today announced a partnership to pilot Grab Ventures Ignite (GVI), a 14-week accelerator programme, for Singapore-based startups with interest to venture overseas.

The Singapore pilot of GVI will focus on high potential startups with an aspiration to launch in the Vietnamese market. It will be held alongside the GVI Vietnam programme to enable startups from both countries to exchange ideas and learn from one another. The unique arrangement allows the Singapore startups to gain a better understanding of Vietnam’s culture and business context, as well as build strategic and ecosystem networks with Vietnamese investors and corporate partners. The knowledge gained will help these startups to better navigate and chart their growth paths in the Vietnam market.

“Grab is committed to help more Singapore startups and micro SMEs build strong digital capabilities, and capture opportunities in the digital economy through leveraging our expansive reach across the region, assets and capabilities and partnerships. During such extraordinary times, it is even more important for the business and startup community to come together to exchange ideas and learn from one another. The effort is also aligned to Singapore’s interest to become the global-Asian node for tech, innovation and enterprise. Grab Ventures Velocity and Grab Ventures Ignite are testament of our efforts to drive this agenda forward,” said Chris Yeo, Head of Grab Ventures.

“At IMDA, we are always looking for ways to create new business opportunities for our local tech companies. We are excited for this partnership, which will allow Singapore-based startups to gain a foothold in Vietnam. Building up the capabilities and creating access for local companies is especially critical in this current climate, where firms must continue digitalising and innovating to unlock new growth prospects,” said Mr Howie Lau, Chief Industry Development Officer, IMDA.

“Congratulations to Grab on its inaugural launch of Ignite programme. As we continue to establish Singapore as a global technology and innovation hub, it is important for the public and private sector to come together and foster the growth of a tech ecosystem locally. We wish Grab every success in this pilot as we work together to provide a conducive environment and platform for local and regional start-ups to thrive and grow in the digital economy,” said Mr Kiren Kumar, Chief Digital Industry officer, Digital Industry Singapore.

Shortlisted startups to receive broad-based support and sharpen expertise

Grab and IMDA will evaluate the Singapore startups based on a range of criteria including but not limited to core team strength, existing standing in the Singapore market, potential fit with the Vietnamese market, and readiness to expand.

Two startups will be selected for the full GVI accelerator programme, which spans across 14 weeks. Three other startups will receive the opportunity to join in a 3-day bootcamp jointly hosted by Grab, IMDA PIXEL and Digital Industry Singapore (DISG) at PIXEL’s premises in One-North, Singapore.

The pilot GVI programme will offer:

  • Professional training and mentorship: Two selected Singapore-based startups will get access to the full 14-week programme, featuring expert workshops, 1:1 mentorship from senior Grab leaders, immersion trips to regional Grab markets (Indonesia and Vietnam), peer learning and networking. The two startups can look forward to deepening their Vietnam market knowledge and accelerate expansion plans to Vietnam.
  • Fundraising: The two startups will have an opportunity to pitch and raise further funding during Demo Day at the end of the programme, in the presence of prominent investors from across the region.
  • Other in-kind benefits: The five programme participants will also be eligible to receive:
    • Cloud credits of up to US$100,000 each;
    • Access to co-working space and other equipment and facilities at PIXEL for the duration of the programme; and
    • Additional 1-1 consultation and mentoring by experts in customer-centric innovation.
  • Cross-border exchange with Vietnamese startups during Singapore bootcamp: All five Singapore-based participants can also look forward to networking and cross-border experience sharing with Vietnamese counterparts during the Singapore bootcamp. The 3-day programme is designed to help build capabilities to develop customer-centric products and services. Promising startups can continue to benefit from access to PIXEL’s facilities and other capability building programmes to further build their innovations for the duration of the programme.

Other Grab Ventures Ignite programme partners include Vietnam’s National Innovation Center (under Ministry of Planning and Investment), regional venture capital firm Gobi Partners, Toong – Coworking Space Developer, YKVN, and Amazon Web Services.

Supporting startups in the region to scale with Grab’s experience and expertise

The launch of Grab Ventures Ignite marks the expansion of Grab’s umbrella of startup programmes which currently includes Grab Ventures Velocity (GVV), Grab’s first startup scale-up programme. The programmes have a common aim to foster startup development and ecosystem in Singapore and the region.

GVV has so far supported the growth of 15 startups regionally including TreeDots, Glife, Helpling.sg, and Tueetor. In addition, Grab has supported BookMyShow SE Asia, that started its Southeast Asia operations in Indonesia, to set up its regional business headquarters in Singapore. BookMyShow is also Grab’s movie and events ticketing partner in Singapore and Indonesia, which is available within the Grab app today.

These programmes – GVI and GVV – are also a part of the broader “Grab for Good” social impact programme, aimed at nurturing and supporting the growth of a vibrant tech ecosystem in the region. Promising startups can look to tap on Grab’s regional experience and expertise to navigate and grow their businesses.

Startups interested in applying for the Singapore edition of the GVI accelerator programme can apply by 10th April, 2020 through https://grb.to/GVI.

Total
0
Shares
Share
Tweet
Share
Share
Related Topics
  • Grab
  • Grab for Good
  • Grab Ventures Ignite
  • Grab Ventures Velocity
  • IMDA
  • Infocomm Media Development Authority
dotlah.com

Previous Article
  • Cities
  • Society

Keppel Announces $4.2 Million Package To Support National Efforts To Combat COVID-19

  • March 20, 2020
View Post
Next Article
  • Lah!

NTUC FairPrice Is Prepared And Ready To Meet Customers’ Daily Essential Needs

  • March 20, 2020
View Post
You May Also Like
View Post
  • Artificial Intelligence
  • Technology

Thoughts on America’s AI Action Plan

  • Dean Marc
  • July 24, 2025
View Post
  • Technology

ESWIN Computing launches the EBC77 Series Single Board Computer with Ubuntu

  • dotlah.com
  • July 17, 2025
View Post
  • Gears
  • Technology

Samsung Galaxy Z Fold7: Raising the Bar for Smartphones

  • Dean Marc
  • July 9, 2025
View Post
  • Cities
  • Technology

Meralco PowerGen’s PacificLight starts up 100 MW fast-response plant in Singapore

  • dotlah.com
  • June 20, 2025
View Post
  • Technology

Apple services deliver powerful features and intelligent updates to users this autumn

  • Dean Marc
  • June 12, 2025
View Post
  • Artificial Intelligence
  • Machine Learning
  • Technology

Apple supercharges its tools and technologies for developers to foster creativity, innovation, and design

  • Dean Marc
  • June 11, 2025
View Post
  • Technology
  • Working Life

It’s time to stop debating whether AI is genuinely intelligent and focus on making it work for society

  • dotlah.com
  • June 8, 2025
oracle-ibm
View Post
  • Artificial Intelligence
  • Technology

IBM and Oracle Expand Partnership to Advance Agentic AI and Hybrid Cloud

  • Dean Marc
  • May 6, 2025


Trending
  • 1
    • Lah!
    Designers To Get Greater Assurance In Industrial Designs Protection As Singapore Signs On To The Locarno Agreement
    • February 12, 2020
  • 2
    • Cities
    • People
    How We Took Everything For Granted – And Will We Do It Again?
    • May 21, 2020
  • 3
    • Cities
    • Lah!
    • Society
    SMU Computing Dons Receive Global Recognition For Outstanding Contributions In Software Engineering And Artificial Intelligence
    • July 6, 2021
  • 4
    • Science
    • Technology
    Machine Learning Technique Sharpens Prediction Of Material’s Mechanical Properties
    • March 18, 2020
  • 5
    • Cities
    • People
    How Cities Can Reopen After The Pandemic
    • May 11, 2020
  • Laptop | Tools 6
    • Features
    • People
    Tools Of The Trade: Essential Tools For Crafts, Arts, And Trades.
    • June 21, 2023
  • Apple Vision Pro 7
    • Gears
    • Technology
    Apple Vision Pro arrives in new countries and regions beginning June 28
    • June 10, 2024
  • 8
    • Cities
    • Lah!
    Sembcorp Industries Launches Singapore’s First Sustainable Financing Framework For The Energy Sector
    • August 31, 2021
  • 9
    • Cities
    What Smart-Nation Singapore Can Learn From Other Smart Cities
    • February 26, 2018
  • 10
    • People
    • Technology
    How Technology Is Transforming Social Work Practice And Formation
    • January 30, 2020
  • stadium-vienna-reyes-Zs_o1IjVPt4-unsplash 11
    • Cities
    • Features
    Popular UEFA Champions League Final Host Cities
    • August 2, 2022
  • Painting | Art | Landscape 12
    • Features
    • Gears
    • People
    The Soul Of Craftsmanship. Ten Timeless Virtues for Artists and Artisans.
    • June 22, 2023
Trending
  • French Fries 1
    Air Fryer: The One Cooking Appliance to Rule Them All – Best All-Around Picks in 2025
    • August 22, 2025
  • 2
    HP Cranks Up the Game with Smarter Systems, Cooler Builds, and Gear That Hits Different
    • August 14, 2025
  • 3
    New Trump tariffs: early modelling shows most economies lose – the US more than many
    • August 6, 2025
  • Scuba Diving 4
    Wetsuit or Drysuit? As always, it depends. This quick guide can help you choose.
    • August 2, 2025
  • 5
    Thoughts on America’s AI Action Plan
    • July 24, 2025
  • 6
    Introducing Surface Laptop 5G: Seamless connectivity, built for business
    • July 23, 2025
  • 7
    Press Start (Or Hit Enter)! Your Go-To Loadout for Streamers and Gamers.
    • July 19, 2025
  • 8
    ESWIN Computing launches the EBC77 Series Single Board Computer with Ubuntu
    • July 17, 2025
  • 9
    Samsung Galaxy Z Fold7: Raising the Bar for Smartphones
    • July 9, 2025
  • Camping 10
    The Summer Adventures : Camping Essentials
    • June 28, 2025
Social Links
dotlah! dotlah!
  • Cities
  • Technology
  • Business
  • Politics
  • Society
  • Science
  • About
Connecting Dots Across Asia's Tech and Urban Landscape

Input your search keywords and press Enter.