[From left to right] Tong Hsien-Hui, Deputy Head, Investments, SGInnovate; James Ong, Partner, Supply Chain Angels.
The two organisations will help local startups co-innovate and deploy new technologies that could help solve current challenges in the logistics sector. These technologies may include artificial intelligence (AI), augmented reality (AR), virtual reality (VR), machine learning, autonomous technology, drones, and data analytics.
Chosen startups will also be offered hot-desking support at Supply Chain City or at SGInnovate's integrated startup facility, Build Amazing Startups Here (BASH).
"We believe Singapore has the talent and resources needed to build technology-intensive products that are relevant to the world. Our goal is to work with ambitious and capable men and women based in Singapore, who want to use their research-based IP to tackle 'hard problems'. Working with an engaged partner like YCH, we believe that new opportunities will arise for Singapore-based deep-tech startups," said Steve Leonard, founding CEO of SGInnovate.
James Ong, partner at SC Angels, added: "Through the partnership with SGInnovate, we will be better equipped to share key knowledge and resources with these startups ...to create more growth opportunities for our local startups to expand. [We] are thrilled to work with startups to see how we can revolutionise the industry not only in Singapore, but also across the globe."
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