Joint funding to support startup innovation for MRT optimisation launched

The funding is around $500,000.

Enterprise Singapore (EnterpriseSG) and Stellar Lifestyle, business arm of SMRT Corporation, launched a joint funding partnership worth $500,000 to back startup innovation within the Mass Rapid Transit (MRT) network. 

In a statement, the partnership focuses on practical solutions that can be deployed at stations such as improving profitability, optimising customer data analytics, helping MRT tenants cut operational costs, and enforce sustainable practices.

The partnership is part of Stellar Lifestyle’s plan to create an ecosystem of support between start-ups and Small and Medium Enterprises (SMEs).

Tony Heng, president of Stellar Lifestyle, said they will launch a living lab at the Esplanade MRT Station to validate solutions on startups.

“Co-locating the start-ups within  our MRT network will help them better understand the unique transit environment, as  they help our tenants who are mostly SMEs, become more resilient in today’s highly disrupted industries,” said Heng.

Follow the link for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!