MPA, NUS pool $50,000 each to fund 12 startups

This will enable startups to conduct prototype development and test solutions.

The Maritime and Port Authority of Singapore (MPA) and NUS Enterprise awarded $50,000 each in grant funding to 12 startups from the Port Innovation Ecosystem Reimagined @ BLOCK71 (PIER71)’s Smart Port Challenge (SPC) 2019, according to an announcement.

These 12 startups are ABEJA, ASA Development, C-LOG, Cerekon, Dravam, Kanda, KoiReader Technologies, Marified, Megapixel, Newton Services Research, Performance Rotors, and Tropical Renewable Energy Engineering (TREE).

The funding is said to enable the startups to conduct prototype development over the next 12 months. The startups will be working on pilot projects in collaboration with PIER71’s maritime corporate partners, who will provide subject matter expertise, test data, as well as a platform to test-bed their solutions.

Applications were assessed based on the viability of solutions in addressing maritime challenges, focusing on technologies such as artificial intelligence, virtual and augmented reality (V/AR), blockchain, robotics and wearables.

Upon the completion of the projects, the maritime corporates will be adopting the final products/solutions.

So far, eight out of 13 of the previous grant recipients from Smart Port Challenge 2018 have completed their pilot projects, with the remaining five nearing completion.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia