SGX and A*STAR’s ETPL to help companies better access R&D capabilities and capital markets
Singapore Exchange (SGX) and ETPL, the commercialisation arm of the Agency for Science, Technology and Research (A*STAR), are signing a memorandum of understanding (MOU) today to help start-ups and small and medium-sized enterprises (SMEs) tap on innovative technologies and capital more efficiently. Through strengthening the financial positions and innovative capacities of high-growth enterprises, the partnership is expected to drive business growth and capture greater value for Singapore’s economy.
Under the two-year MOU, SGX and ETPL will jointly identify companies with growth potential to help them access growth capital from private or public capital markets in Singapore efficiently. The partnership also seeks to help start-ups and SMEs better translate their inventions and intellectual capital into marketable products, processes and services. The identified enterprises can tap on A*STAR’s multidisciplinary research and development (R&D) capabilities which span across the biomedical sciences and physical sciences and engineering, and receive ETPL’s guidance in productisation and business development.