R & D and Business Opportunities for Nanotech Companies in Singapore
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1106-PP01-07
R & D and Business Opportunities for Nanotech Companies in Singapore Lerwen Liu NanoGlobe Pte Ltd, 10 Anson Road, #09-24 International Plaza, Singapore, 079903, Singapore ABSTRACT Singapore, located at the centre of Asia, is an ideal dynamic hub to converge advanced R & D and industry leaders, robust alliances, new technologies and world class infrastructure. In the field of nanotechnology, Singapore is equipped with state of the art facilities (one of the best in the world) for nanotechnology R & D and it has unique open research environment for encouraging and attracting international collaboration and industry cooperation. Combining its efficient government administration and international business and financial environment, Singapore is becoming an attractive place for setting up leading R & D centres, research and development partnerships for research institutions and industries, and for locating company regional headquarters. Singapore government is aggressively promoting innovation and launched attractive funding schemes in help fostering SMEs and spin offs from research institutions. Singapore government has committed SGD 13.55 Billion (USD10B) on R & D for the period of 2006-2010 (over 200% increase from the previous 5 year period), making Singapore GERD to 3% of GDP by 2010. Singapore is not only a melting point of diverse cultures but most importantly a place for exciting converging technologies, global partnerships and creates growth nanotech industries. In this article we give an overview on the Singapore public and private financing schemes for nanotech R & D and commercialisation. Incentives for supporting start-ups as well as R & D partnerships with research institutes are summarized. We outlined the world-class infrastructure for nanotech R & D. Summary of nanotech R & D efforts are highlighted.
ABOUT SINGAPORE ECONOMY Singapore strategically located in the center of Asia which the fast growing economic region in the world and is populated by half of the human world (see figure 1 for Singapore Geography). Different from most countries in the region, Singapore has a very efficient, largely corruption free and entrepreneur government that has been very successful in delivering economic results and enables Singapore to stay competitive. Singapore is one of the most multicultural society where eastern and western cultures blended together comfortable for foreign professionals to live. Singapore is a tropical island (resort-living) with world class R &D, manufacturing, financial, logistics and other business infrastructure plus its competitive skilled workforce enabling efficient operation of R & D and business and easy access to the dynamic Asia markets. It has been very successful in attracting foreign business to use Singapore a manufacturing, services increasingly now R & D hub in region.
7 hour geography China: population 1.32 billion real GDP growth = 11.1% (2006)
ASEAN: •
India:
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population 1.1 billion real GDP growth = 9.4% (2006)
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population 560 million real G
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