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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 />

PAGE 21<br />

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