Launchpad for Food Sustainability Start-ups

In November 2020, SIFBI and Temasek signed a memorandum of understanding (MoU) to set up the Food Technology Innovation Centre (FTIC). Leveraging A*STAR’s partnerships with multiple start-ups in the alternative food space, FTIC will aid in the novel food production processes and help alternative protein companies pilot manufacturing activities. This MoU positions Singapore as a launchpad for start-ups to test-bed and create innovative solutions that can tackle the region’s evolving food and sustainability needs.

Temasek in food tech innovation venture with AStar
Source: The Straits Times © Singapore Press Holdings Limited. Permission required for reproduction.