OpenGov reported the MAS has announced that the 380 participating investors who enrolled in the Singapore Fintech Festival’s (SFF) deal-making platform, MATCH (Meet ASEAN’s Talents and Champions), have indicated intentions to invest up to US$6.2 billion in ASEAN enterprises next year. An additional US$6 billion has been earmarked over the subsequent two years. MATCH is a new platform at this year’s SFF which curates and brings together promising next-generation ASEAN enterprises with global private equity and venture capital. At the beginning of this month, MAS also announced the 60 finalists of the Global FinTech Hackcelerator and FinTech Awards. Past year’s finalists have gained exposure and connections from the competition – one company which pitched a blockchain technology to deliver international aid (AID:Tech) has since secured €1 million in investment from both Enterprise Ireland and SGInnovate.
Inc. ASEAN published an article on the Deep Tech Summit which will be presented by SGInnovate as part of the Singapore Week of Innovation and TeCHnology (SWITCH 2018). The summit will discuss how deep tech can solve global problems across industries and transform the way businesses and consumers operate, covering topics such as AI across industries, blockchain beyond fintech, the future of work and talent development, as well as venture building and deep tech investments. Citing how Singapore is a perfect host for the event, Steve Leonard, founding CEO of SGInnovate says, “Through hands-on work with hundreds of scientists, engineers, and investors, SGInnovate has gained a unique perspective of the challenges and opportunities for scientist-entrepreneurs who want to build a deep tech startup from Singapore.”
TechTrade Asia published a post based on the Deep Tech Summit media alert, sharing the details of the event. Being held as part of the Singapore Week of Innovation and Technology (SWITCH) and presented by SGInnovate, the summit will be covering themes such as AI across industries, blockchain beyond fintech, the future of work and talent development, as well as venture building and deep tech investments. A list of the key speakers was also featured in the post.
Social Media Portal published an article based on an email interview with Steve, on what people can expect at EmTech Hong Kong 2018. In the article, Steve introduces himself and what he does at SGInnovate briefly. He also shared the common challenges he had encountered at SGInnovate so far, along with what he thinks will happen in the future given the rapid advancements in AI, blockchain and robotics.
The Business Times reported that Minister-in-Charge of Trade Relations, S Iswaran, will be visiting Paris this week as part of the France-Singapore Year of Innovation 2018, which aims to ramp up innovation and research linkages between the two countries. The minister will be meeting French government officials to reaffirm Singapore’s commitment to working closely with the European Union towards the smooth and swift ratification of the European Union-Singapore Free Trade Agreement (EUSFTA). He will also be delivering a keynote at a conference called “Collaboration for Innovation”, held in conjunction with VivaTech in Paris, on Singapore’s role as an AI and deep tech hub in Asia. The conference is organised by SGInnovate, Enterprise Singapore and Action Community for Entrepreneurship (ACE).
Ming Pao published an article from an interview with Steve Leonard at the GREAT Festival of Innovation Hong Kong, on Smart Cities and the role of SGInnovate in Singapore. The article gave a brief introduction of SGInnovate and highlighted the organisation’s role in developing Singapore’s deep tech ecosystem, guided by its Deep Tech Nexus strategy. In the interview, Steve brought up the point that many research scientists are not familiar with bringing their research into commercialisation, and how SGInnovate is keen to work with researchers with the right technical skills to build something that is of high impact to the world. On the question of whether Hong Kong is too late in the AI race, Steve pointed out that Hong Kong has the capabilities to catch up with the rest of the competition. He highlighted Hong Kong’s good universities, investment capital in the ecosystem, ambition and talent, and that what it needs crucially, is a working relationship between its citizens and the government.