Singapore SME Innovation Support Schemes - PRO INNO Europe
Singapore SME Innovation Support Schemes - PRO INNO Europe
Singapore SME Innovation Support Schemes - PRO INNO Europe
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The study visit also included a visit to one of the A*Star research institutes, - the <strong>Singapore</strong><br />
Institute of Manufacturing Technology (SIMTECH), which was not based at the Fusionopolis<br />
Campus, but rather at the Nanyang Technical University. SIMTECH specialises<br />
in the development of manufacturing technology underpinning a wide range of areas<br />
such as electronics, semiconductors, precision engineering, medtech, aerospace, automotive,<br />
marine, etc.<br />
The research institute takes a very active role in putting projects together with industry,<br />
and especially between large companies, A*Star and small companies. They seem to<br />
have a small group of people dedicated to this task, who try to put together projects<br />
which may involve several areas and researchers within the institute. The typical approach<br />
is to attempt to analyse the value chain for an industry, by talking with larger<br />
companies, understanding their needs and then communicating these needs to smaller<br />
companies perhaps through workshops. For example one of the main areas of operation<br />
for SIMTEC is in serving the local precision engineering companies, who are typically<br />
subcontractors to the larger multinational companies. It appears that SPRING and EDB<br />
have “ad-hoc” funding schemes which can be used to fund the industry participation in<br />
this type of activity. In terms of licenses SIMTECH generate about 20 – 30 royalty bearing<br />
licenses to industry per year. They also send about 20 people per year to work in<br />
industry.<br />
4.1.1 Exploit Technologies<br />
Exploit Technologies is essentially the technology transfer arm of A*Star. It was founded<br />
in 2002 with the aim of providing the link between A*Star researchers and industry and<br />
actively promoting the commercialisation of technologies developed by researchers.<br />
Exploit is set up as a limited company and has the sole and exclusive right to license<br />
A*Star technology, although ownership of the IP is retained by A*Star.<br />
Exploit’s activities go somewhat beyond the activities of the traditional technology<br />
transfer office in the areas of Intellectual Property Management, in that it has the discretion<br />
to provide gap funding for incubation and commercialisation of technologies, so<br />
that they can be turned into licenses or spin-offs.<br />
In its traditional IP management role Exploit provides prior art searches, patentability<br />
evaluation, filing and prosecution of IP applications, and maintenance of the IP. Exploit<br />
will also help in conducting the due diligence on technology disclosures, including identification<br />
of the specifications required by industry.<br />
Exploit also provides Technology and Commercial Intelligence, which includes the<br />
evaluation of the commercial potential of IP, identifying if it is suitable for further commercialisation<br />
funding though its GAP funding programme, and providing direction in<br />
terms of insights into emerging markets and applications to ensure that technologies<br />
are tuned to suit industry needs.<br />
In the area of Technology Incubation, Exploit works closely with companies to determine<br />
appropriate technical specifications and then directs the technology disclosures<br />
towards satisfying these. GAP funding of up to S$1 million (€600,000) can be provided<br />
to researchers to further develop the technology to being commercial ready over a peri-<br />
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