Initiative to boost innovation and entrepreneurship launched
To support Singapore’s drive towards an economy based on innovation and knowledge, NTU Singapore has launched a new initiative to boost its innovation capabilities and speed up research commercialisation.
Through its NTU Innovation and Entrepreneurship (NTU I&E) initiative, the University will ramp up its educational programmes to nurture entrepreneurs and create a more conducive environment for mentoring and supporting students, faculty and alumni looking to turn their ideas into market-ready products.
The initiative was launched by NTU Acting President and Provost Professor Ling San and Guest-of-Honour Ms Low Yen Ling, Minister of State for Trade and Industry, and Culture, Community and Youth.
At the event, plans were unveiled for the new NTU Innovation Port – a physical and digital one-stop centre for all things innovation-related, located at the North and South Spines of the University’s main campus. The centre will serve as a common space for the NTU community and external partners to discuss start-up and innovation ideas, as well as assist industry partners looking to collaborate or license technologies.
NTU I&E encompasses both the revamped NTU Entrepreneurship Academy (NTUpreneur) – which will provide entrepreneurship education and cultivate an entrepreneurial mindset in students – and the University’s existing innovation and enterprise company NTUitive, which is focused on commercialising innovations and incubating start-ups.