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

Meet The 19 New Startups Accepted Into SMU Business Innovations Generator’s Second Cohort Of 2020

  • July 4, 2020
Total
0
Shares
0
0
0

Business Innovations Generator (BIG), the incubator managed by the Institute of Innovation and Entrepreneurship (IIE) at the Singapore Management University (SMU), has today unveiled 19 new startups accepted into its incubation programme. This is BIG’s second cohort this year and its largest since its inception in 2009. (More information about the 19 startups can be found in Annex A)

The BIG Incubation Programme is an intensive four-month, equity-free programme that offers early-stage startups and student founders the opportunity to validate their business plans, as well as gain access to industry experts as advisors and grant opportunities. The programme accepts three cohorts of pre-seed and seed stage startups a year — in January, May and September.

The 19 startups span diverse sectors such as e-commerce, cybersecurity, logistics, financial services, healthcare, and sustainability. Most of them are app-based and software platforms, and half of these companies already have initial sales. Due to COVID-19, the entire incubation programme for the 19 startups will be conducted virtually, a first for BIG.

“Despite the economic uncertainty, the BIG programme has continued to receive a high volume of applications on the back of a vibrant local startup community. Some of the most iconic global startups that we have today, such as Slack and AirBnB, were created during the last Great Financial Crisis. At IIE, we encourage aspiring entrepreneurs to leverage on our strong in-house expertise, network of partners, as well as the strong government support during this unprecedented period to build companies of tomorrow,” said Mr HAU Koh Foo, Director of SMU IIE.

One of the startups accepted by the BIG Incubation Programme is Fluidlytix Asia founded by three SMU students, Ang Wan Loong, Darren Cheng and Adriel Ng. The company provides patented water efficiency valve to lower water wastage while preserving water resources. Another startup, UniStop Tech, is an automated vending store system supported by robotic technology, allowing easy maintenance on the owner and hassle-free transactions for consumers.

“It’s great to witness a melting pot of startups with different founder profiles and operating in different industries being accepted into the new cohort of BIG Incubation Programme. This highlights the role of BIG as an equitable partner to nurture entrepreneurship in the region,” said Sharon Lourdes Paul, Head of Payments at Xfers, and a member of the Incubation Selection Committee.

The incubation programme has been carefully curated and is planned with the aim to provide the startup founders with the support they need to achieve their growth milestones. The types of support include:

  • Financial support, such as application for grants (i.e. SG Startup Founder’s Grant) and co-funding opportunities;
  • A strong knowledge and support network, including strategic mentoring by a pool of world-class industry experts who are successful entrepreneurs, VCs, angels, corporate and government agencies;
  • Regular mentoring by IIE’s Entrepreneur-in-Residence to guide them on moving the company forward;
  • Community events, ranging from Office Hours where startups can consult and get advice from invited experts, Founders’ Updates, and other sharing sessions;
  • Masterclasses which will equip the founders with knowledge on topics such as sales strategy, digital marketing, fundraising, and legal advisory;
  • Access to The Greenhouse in SMU, a newly opened 700sqm workspace in the heart of downtown Singapore (currently closed till further notice due to COVID-19);
  • Additional perks such as credits from corporate partners to offset the bills when the startups engage the services of these corporates, which include Amazon Web Services, Stripe, and more.

Started in 2009, BIG has accepted 237 SMU-affiliated and non-SMU affiliated startups.

From 2016 to 2019, BIG startups have collectively raised more than S$75 million (excluding grants), with 2019 alone accounting for more than S$54 million. Examples of these companies which have secured funding include:

  • Homage, an online caregiver discovery platform;
  • Golden Sunland, an agri-tech company producing and growing rice in Myanmar;
  • Turtletree Labs, the world’s first-cell based biotechnology company creating milk from mammalian cells; and
  • Novocall, a sales call automation tool that improves conversion rates for businesses.

Startups interested to join the incubator in the upcoming September intake can apply via: https://iie.smu.edu.sg/big-incubation-programme. As a founder-centric programme, emphasis will be placed on the coachability, integrity, grit, and community-orientation of the founders.

 


Annex A (BIG July 2020).pdf
Total
0
Shares
Share
Tweet
Share
Share
Related Topics
  • Business Innovations Generator
  • Singapore Management University
  • SMU
  • Startups
dotlah.com

Previous Article
  • Technology

SGInnovate Launches Deep Tech For Good Initiative

  • July 4, 2020
View Post
Next Article
  • People

Want To Know Your Real Origin? Here’s How To Do Proper Research

  • July 7, 2020
View Post
You May Also Like
View Post
  • Gears
  • Technology

Meet Samsung Galaxy Tab S11 Series: Packing Everything You Expect From a Premium Tablet

  • Dean Marc
  • September 4, 2025
View Post
  • Technology

Malaysia’s ‘ASEAN Shenzhen’ needs some significant legal reform to take off — here’s how

  • dotlah.com
  • August 25, 2025
View Post
  • Gears
  • Technology

Samsung Electronics Debuts Odyssey G7 Monitors, Showcasing Top Games on Its Displays at Gamescom 2025

  • Dean Marc
  • August 20, 2025
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


Trending
  • 1
    • Cities
    • Technology
    NTU Students Whizzing Ahead With Foodpanda
    • June 11, 2021
  • 2
    • Environment
    Top 10 Countries With The Largest Contribution Of Garbage In The Ocean
    • June 17, 2019
  • job application 3
    • Features
    • People
    How To Address A Difficult Past When Applying For A Job
    • December 15, 2020
  • The-Infinity_of_Numbers___by_Johimja__e1abe88e-12df-4a5c-b256-763b9a131ce6 4
    • Science
    • Technology
    Exploring Dedekind Numbers – Infinite Patterns in Mathematics
    • July 13, 2023
  • MIT MAGE 5
    • Machine Learning
    • Research
    • Science
    • Technology
    Computer Vision System Marries Image Recognition And Generation
    • July 3, 2023
  • 6
    • Technology
    Singapore Renews MOU On Cybersecurity Cooperation With Australia
    • March 24, 2020
  • 7
    • Lah!
    • Technology
    Changi Recommends Unveils Changi Mobile Under New MVNO Partnership With M1
    • September 21, 2021
  • goswifties_prelude-lightning-sketch_20240518_wm 8
    • Featured
    GoSwifties, Beneath And Beyond Celebrity, A Delayed Prelude.
    • May 21, 2024
  • Forest fire 9
    • Environment
    • People
    A changing climate, growing human populations and widespread fires contributed to the last major extinction event − can we prevent another?
    • August 19, 2023
  • 10
    • Lah!
    New Study Claims Racial And Religious Harmony Is Flourishing In Singapore
    • August 12, 2019
  • 11
    • Lah!
    How SARS Impacted Global Economies
    • February 26, 2020
  • Parliament Hall by Frederick Koberl 12
    • Features
    • People
    • Technology
    Inside International Institutions And Their Hierarchy
    • July 17, 2023
Trending
  • Kitchen Knives - Best All-Around Picks in 2025 1
    Kitchen Knives : The Surgeons of Cooking – Best All-Around Picks in 2025
    • September 15, 2025
  • 2
    Apple unveils iPhone 17 Pro and iPhone 17 Pro Max, the most powerful and advanced Pro models ever
    • September 9, 2025
  • 3
    Apple debuts iPhone 17
    • September 9, 2025
  • Fruits and vegetables for cooking. For food processors. 4
    Food Processor: The Swiss Army Knife of the Kitchen – Best All-Around Picks in 2025
    • September 8, 2025
  • 5
    Meet Samsung Galaxy Tab S11 Series: Packing Everything You Expect From a Premium Tablet
    • September 4, 2025
  • 6
    Malaysia’s ‘ASEAN Shenzhen’ needs some significant legal reform to take off — here’s how
    • August 25, 2025
  • French Fries 7
    Air Fryer: The One Cooking Appliance to Rule Them All – Best All-Around Picks in 2025
    • August 22, 2025
  • 8
    Samsung Electronics Debuts Odyssey G7 Monitors, Showcasing Top Games on Its Displays at Gamescom 2025
    • August 20, 2025
  • 9
    HP Cranks Up the Game with Smarter Systems, Cooler Builds, and Gear That Hits Different
    • August 14, 2025
  • 10
    New Trump tariffs: early modelling shows most economies lose – the US more than many
    • August 6, 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.