Finance Minister Heng Swee Keat announced the launch of the two new programmes at the opening of the Singapore Week of Innovation and Technology - a polytechnic incubator programme and an entrepreneurial training programme for researchers.
Over S$25 million will be committed by the government to "bold measures" that will nurture a healthy innovation ecosystem in Singapore. This was announced by Minister Heng Swee Keat at the opening of the Singapore Week of Innovation & TeCHnology (SWITCH).
Singapore is a leading tech hub, but domestic entrepreneurs lack meaningful visions, according to Grace Sai, CEO and co-founder of Impact Hub Singapore. Sai was speaking during SWITCH, the Singapore Week of Innovation and Technology
When it comes to innovation, there is no such thing as status quo — you either improve or decline relative to everyone else, and sitting in a comfort zone for too long could prove costly. That is the philosophy of Steve Leonard, the CEO of SGInnovate, the government entity that supports entrepreneurs leading Singapore's innovation efforts.