Government
agencies are tying up with private sector partners
to EXperiment, Commercialise and Innovate in a
Test-bed Experience at one-north, JTC Corporation’s
(JTC) research hub at Buona Vista. So if an innovator
has a good idea, he can “test-bed”
and get market feedback for it at one-north. If
it proves workable, he could get funding and support
for introducing it in the market!
With the roll-out of EXCITE @one-north, innovators
will find it easier to test-bed new ideas and
even commercialise them.
Jointly initiated by JTC and the Economic Development
Board (EDB), this programme has the full backing
of private sector partners. It aims to encourage
innovators to transform their ideas into marketable
products and place Singapore on the world map
as a global innovations hub.
Speaking at the EXCITE@one-north launch ceremony
on 18 August 2004, EDB Chairman Teo Ming Kian
said: “New and unproven ideas face big hurdles
for adoption, however great these ideas may be.
EXCITE@one-north therefore aims to help technopreneurs
and enterprises overcome some of these hurdles.
“It provides opportunities to test-bed
ideas in a supportive environment with cooperation
from industry players and the provision of supporting
services, in order for innovations to scale up
and commercialise.”
EXCITE@one-north has in place a network of programme
partners which offer a full suite of supporting
services. Four pioneer partners — Eivio
Pte Ltd, Intelleigen Pte Ltd, the Singapore Environment
Council and The Enterprise Challenge (TEC) —
will provide soft support services to innovators.
The services cover areas such as funding, business
advisory, endorsement and standards creation,
technology evaluation for market readiness, fast
prototyping, technical consultation and intellectual
property management.
On the choice of one-north as a test-bedding hub,
JTC CEO Chong Lit Cheong said: “Right from
the start, we have envisioned one-north to be
an environment where creativity flourishes and
imagination knows no bounds. It is an experiment
playground for inventors and innovators, an innovation
hotbed for entrepreneurs and researchers.
“EXCITE@one-north fits well into the one-north
vision to create an intellectually stimulating
and creative environment for entrepreneurs, researchers,
venture capitalists and businessmen.”
Aspiring individuals and companies will have opportunities
to test-bed their innovations at one-north in
four broad areas:
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