Search
Close this search box.

We are creating some awesome events for you. Kindly bear with us.

Enterprise Singapore and German Accelerator partner to boost start-up collaboration between Singapore and Germany

Enterprise Singapore and German Accelerator partner to boost start-up collaboration between Singapore and Germany

On 9 July 2018, Enterprise Singapore and the
German government-backed German Accelerator Southeast Asia
(GASEA) announced
a two-way partnership to support Singapore start-ups’ entry into Germany, and
facilitate German start-ups’ setup in Singapore. The collaboration will involve
various accelerator programmes for curated start-ups and follows the signing of
a Memorandum of Understanding (MOU) by Enterprise Singapore and German
Accelerator at the Germany-Singapore Business Forum in April 2018.
Enterprise Singapore will appoint start-up
multipliers, like Startup SG and EntrePass, to ensure that start-ups in
Singapore have access to a wide range of proficient global talent to support
their tech innovations. Enterprise Singapore will prioritise the appraisals of EntrePass for the promising start-up
talent incubated by such partners.
The aforementioned moves were announced at
the launch of the GASEA office on 9 July and mark German Accelerator’s first
office in Asia. Enterprise Singapore Chairman, Mr. Peter Ong; Ambassador of the
Federal Republic of Germany to the Republic of Singapore, Dr. Ulrich Sante; and
over 100 businesses, start-ups, VCs and educational institutes attended the
launch.
Mr. Peter Ong
stated that to maintain its competitive edge, Singapore’s start-ups need to be
connected to global innovation hubs and construct a robust and efficient talent
pool. Enterprise Singapore will continue to partner with companies like the
German Accelerator to boost Singapore’s start-up ecosystem. This will be done by facilitating co-innovation efforts and
helping start-ups identify business partners in key hubs like Germany.
Boosting market access and partnerships in deep tech innovation
GASEA, with the support of Enterprise Singapore, will develop landing
pads for Singapore start-ups. A two-phase
programme, spanning up to nine months, will also be initiated to support
Singapore’s deep tech start-ups.
The first phase
will cover preliminary tech evaluation and product-market fit
assessments. Start-ups will move to the second phase once they have been deemed suitable for the market. They will
be housed in co-working spaces within the market and will be connected to local
mentors and suitable German Mittelstand (medium-sized companies) to discuss
possible collaborations.
Germany has a stellar track record in manufacturing
and environmental technology. It is also the world’s third-largest goods exporter; machinery and automobiles being among
its top exports. Singapore start-ups can partner with German Mittelstand in
these areas to co-innovate solutions and use Germany as a reference market to
enter Europe. The nimbleness of Mittelstand companies will afford them more
flexibility to adopt new and innovative solutions.
Partnering
Singapore to access Asia

The GASEA
office in Singapore will help German start-ups enter into Singapore and Asia
through a five-month programme, customised
for each start-up according to their industry needs. Eight German start-ups
have been brought to Singapore: Ecosus (agritech),
Fractal Blockchain (regtech), iNDTact (high-performance
sensor technology), Rytle (logtech), Start-up Guide (publishing), Silexica (deep tech), tiramizoo (logtech) and Wealthstone (fintech).
Enterprise Singapore will connect them to
Singapore companies and MNCs to co-create and testbed solutions that can be
applied here, and subsequently, to Asia.
Mr Claus Karthe, Founder, and CEO of German Accelerator Southeast Asia stated
that Southeast Asia’s large, youthful and digitally savvy middle-class presents
a tremendous opportunity. And, as Southeast Asian governments encourage innovation,
mobile capabilities and digitisation, the
ecosystems comprising research institutes, government agencies and industries
are open to cooperation and supporting foreign start-ups.
Calling
for proposals to deepen collaboration on co-innovation projects

To further propel the collaboration between
start-ups and SMEs from both Singapore and Germany, a second call for proposals launches on 1 August 2018 as part of
the Germany-Singapore SME Funding programme.
Through this initiative, Enterprise
Singapore hopes to support more co-innovation projects that tap complementary
technologies and capabilities for the development of solutions for both Asian and European markets.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

PARTNER

CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

PARTNER

Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

PARTNER

HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

PARTNER

IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

Send this to a friend