The Business Times online, 10 May - https://www.businesstimes.com.sg/garage/how-singapore-built-a-startup-ecosystem-from-scratch
NTU has supported startups such as Singapore-listed Nanofilm and media company Our Grandfather Story. SMU wants to build Singapore’s own version of Sand Hill, the road leading into Stanford University known for housing Silicon Valley's VC elite. In 2011, NUS Enterprise, Singtel Innov8 and the then MDA turned an industrial building slated for demolition into a place for startups with cheap office rent. At Block71 in Ayer Rajah, startups like ShopBack, 99.co and Travelmob spurred one another on.