Innovation Factory Brings Commercially Viable Products to Life
A*STAR and Enterprise Singapore’s pilot Innovation Factory @ SIMTech was launched in December 2020 to help local SMEs transform ideas into commercially viable products that are ready for market adoption. A full-scale version is slated to open at CleanTech Park by early 2022. Strategic partners of the programme include the Singapore Precision Engineering & Technology Association, and the Singapore Manufacturing Federation.
“I am very happy to know that our local SMEs are looking ahead by continuing to invest in R&D during these challenging times.”
Dr Tan See Leng
Second Minister for Trade and Industry
To date,
20
local SMEs
have joined Innovation Factory
@ SIMTech
&
More
than
10
projects
to co-create products have been
kicked off
JM VisTec System
Local SME, JM VisTec System, engaged the Innovation Factory to develop a structured-light 3D scanner for their machine vision solution. Through this initiative, the company is currently in the process of commercialising the scanner and rolling it out to a range of industries, including logistics, defence, healthcare, agri-technology and construction.
A*STAR celebrates International Women's Day
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Get inspired by our #WomeninSTEM