NTU Singapore, Enterprise Singapore and SEAS launch a one-stop centre to boost innovation by start-ups and SMEs in the energy sector
Nanyang Technological University, Singapore, Enterprise Singapore, and the Sustainable Energy Association of Singapore (SEAS) have joined forces to help small and medium-sized enterprises (SMEs) and start-ups innovate, grow and thrive in the competitive energy sector.
Serving as a one-stop hub, the new EcoLabs Centre of Innovation for Energy (EcoLabs) will enable these companies to further develop their clean energy-related innovations and business ideas, and commercialise them into technologies that will benefit industry and society.
Officially unveiled today by Mr Chee Hong Tat, Senior Minister of State for Trade and Industry, and Education, EcoLabs is the ninth Centre of Innovation in Singapore and the first for the energy sector.
NTU President Professor Subra Suresh, said, “Start-ups and SMEs foster innovation, fuel the creation of new jobs, and bring value to the Singapore economy. Since 2014, NTU’s innovation and enterprise company, NTUitive, has groomed over 190 start-ups. Through its carefully curated programmes, services and initiatives, NTU forges partnerships with leading industry collaborators to create an environment to ensure that scientific discoveries and technological innovation are also relevant and beneficial to society.”