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January 5th, 2010
7 Incubators Selected for Singapore NRF TIS Means More Money For Startups
Back in August 2009, the National Research Foundation (NRF) of Singapore announced a call for incubators to apply for a new Technology Incubation Scheme (TIS). The scheme, with its 85-15 (gov-incubator) funding split and attractive buyout options, favours the incubator who has the resources to fullfill its criteria and execute operations. When the call was announced, there were no specific number of incubators that NRF said they will appoint. It would all have to depend on the quality of incubators who applied. Now, 7 incubators have been selected.
Clearbridge Accelerator is the new Singapore incubation arm of Clearbridge Partners, a Hong Kong based venture capital firm. All our team members are Singaporean technopreneurs and young scientists who share the desire to build inspiring and impactful companies in Singapore.
Our objective is to translate core technologies from the laboratory into commercial products that will result in sustainable and lasting enterprises. We focus on key emerging and disruptive technologies that will make a dramatic impact in tomorrow's world, and our incubator will provide the necessary funding, mentorship, operational and execution discipline to deliver determined and accelerated results.
Our initiatives and investment focus areas are in biomedical devices, nanotechnology, advanced material sciences/ceramics and computational algorithms.
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