Nanyang Technological University (NTU Singapore), in partnership with Enterprise Singapore (ESG), recently launched the Singapore Agri-Food Innovation Lab (SAIL). The lab aims to accelerate innovation and tap on the growing economic opportunities in the agri-food sector. As a national platform, SAIL will seed partnerships between the lab's corporate partners, small and medium-sized enterprises (SMEs), startups, research institutes and institutes of higher learning (IHLs) to drive agri-food innovations.
Lee Pak Sing, the assistant CEO of Enterprise Singapore, said:
"As an international trading hub for agri-commodities players and with a growing agri- food tech sector, Singapore is well-placed to support the growing demand for agri-food innovation."
Lee added that companies could partner with SAIL to anchor their innovation and sustainability activities in Singapore. It will also be a platform for local SMEs and startups to explore opportunities to testbed and scale their innovative solutions beyond Singapore.
SAIL will offer a range of business matching and co-innovation activities. The platform will work with agri-food corporates to establish their problem statements, identify partnership opportunities to find solutions, and organise knowledge-sharing sessions.
Meanwhile, ESG will leverage its extensive business network to connect SAIL with agri-commodity corporates and local agri-tech and food-tech SMEs and startups.
The first batch of Agri-food companies collaborating with SAIL includes Agrex Asia, Apeiron AgroCommodities, Apical Group, Bountifood, Bunge, Cargill, Co-Laboratory, Cocoa Association of Asia, Dole International, First Resources, Float Foods, Golden Agri-Resources, IFFCO, International Rubber Study Group, Intersnack, Louis Dreyfus Company, N & E Innovations, Singapore Coffee Association, Shiok Meats, Sophie's Bionutrients, Sumifru, and The Good Food Institute APAC.
(Image from Unsplash)
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