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SGInnovate


23-year-old NTU Engineering student Toh Wen Qi was tasked with what seemed like an impossible task during her apprenticeship at a Deep Tech startup earlier this year: To determine the sweetness of a tomato without destroying it. For weeks, the team she was attached to handled tomatoes of various sizes, squeezed them, juiced them, and …

Not long after the United Nations decreed COVID-19 a global pandemic, over three billion people were restricted to the confines of their homes (Statista). Business activity alarmingly slowed down, and public life all but halted. COVID-19 brought the global conversation on sustainability and climate change back to the front pages. Daily global carbon emissions dropped …

SGINNOVATE announced two initiatives to create more job opportunities for Singaporean students, fresh graduates and mid-career professionals looking to start a career in Deep Tech. More than 200 apprenticeships and full-time roles will be offered in over 30 Deep Tech companies and startups at a virtual showcase to be held on Sept 12. Positions available …

As the world grapples with the virus, one industry is quietly playing a key role in helping communities respond to the pandemic: telecommunications.Because of our core business, robust customer base, ICT skills, and technological capabilities, telcos are uniquely positioned—and I daresay have a duty to deliver infrastructure and connectivity to customers. Already, the industry is …

SGInnovate has launched Deep Tech for Good, a new initiative that seeks to accelerate the development and use of artificial intelligence (AI) and other frontier technologies to improve the human condition and drive sustainable development across different markets, according to an announcement. The initiative was launched at a virtual event with an international line-up of …

Singapore’s startups are stepping up to create and adapt their current technologies in the battle against COVID-19, Dr Lim Jui, CEO of SGInnovate, told Fortune Times during a recent interview. SGInnovate is a government-owned venture firm that builds and scales Deep Tech startups into high potential companies with global impact. “Aspiring entrepreneurs and founders will not …

The Monetary Authority of Singapore (MAS) will be developing “fairness metrics” in credit risk scoring and customer marketing as part of the first phase of its Veritas initiative. Veritas is a framework for financial institutions to promote the responsible adoption of artificial intelligence (AI) and data analytics. Veritas consortium members United Overseas Bank and Element …

M1 Limited (M1) and Singapore Innovate Pte. Ltd. (SGInnovate) announced that they will be embarking on a collaboration that will help start-ups use 5G technology for their products and solutions. This memorandum of understanding (MOU) between M1 and SGInnovate aims to connect start-ups with potential corporate partners, provide technical support, and promote 5G capabilities. M1 …

Space tech may sound like something only countries with unlimited resources can get around, but Southeast Asia is actually a lot closer to the industry than it may seem. According to the data gathered by Bank of America Merrill Lynch (BoAML) and Morgan Stanley, last year space tech investment reached an all-time high worldwide, with …

Singapore was one of the first countries hit by the coronavirus, COVID-19. The city state’s early response, which included cash incentives to work from home, chatbots and a national Whatsapp channel to educate and inform citizens, has earned praise from the World Health Organization and in scientific research. The COVID-19 response was greatly helped by Singapore’s …