Deep tech companies differentiate themselves from traditional tech by their ability to offer cutting-edge and disruptive technologies based on profound scientific discoveries. Of late, this has become an incredibly popular buzzword, and Singapore is no different. With 80 out of the world’s top 100 technologies having established themselves in Singapore, the small country looks set to establish itself at the center of innovation in the Asia-Pacific (APAC) region.
This is assisted by strong support from the government. In early 2017, the Singapore Future Economic Council outlined 7 strategies to take Singapore forward, which included strengthening enterprise capabilities to innovate and scale up, and fostering an environment to support innovation and risk-taking in the private and public sectors. Later in February 2020, the Singaporean government allocated an additional SGD 300 million (USD 215 million) for investment in deep tech startups.
To further promote promote avenues for co-operation across the deep tech ecosystems in Southeast Asia and China, KrASIA, together with the Singapore Economic Development Board (EDB), will be jointly hosting the third instalment of the Singapore x Asia Innovation Partnership Forum 2020, a three-part series spanning the smart city, fintech, and deep-tech industries. The forum pulls together industry leaders to share their experiences in working together across the region and offer insight on opportunities and challenges ahead.
Check out our full speaker line up: