Four Pillars of a Startup Ecosystem—Enterprise Singapore
The Singapore Business Review reported that one of the pillars of the Enterprise Singapore Group (ESG) is innovation. ESG focuses on open innovation challenges through the Open Innovation Network. Over 350 challenge statements have been worked on in partnership with ESG, with 177 being matched. National Innovation Challenges are also in place to solve industry-wide challenges. Under the Co-Innovation Programs, ESG supported 78 bilateral innovation projects from 2019 to September of this year. Partners from Europe, Israel, and China were included.
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