Tech Transfer eNews Blog

NTU Singapore launches new program to boost tech commercialization and entrepreneurship


By Jesse Schwartz
Published: March 22nd, 2023

Nanyang Technological University, Singapore (NTU Singapore) has launched a new program to accelerate technologies from the lab to the marketplace.

NTU Innovation and Entrepreneurship (NTU I&E) will ramp up the university’s educational resources for entrepreneurs and foster a more conducive environment for mentoring and supporting faculty members, students, and alumni who want to turn their inventions into successful products.

“The world is changing at an unprecedented pace. The skills and knowledge that our students need in order to succeed are also evolving rapidly with digitalization and sustainability at the forefront of new industries,” says NTU acting president Ling San.

“Globally, we need future-ready graduates who are adept and resilient, and who can thrive even in the face of challenges and changing environments,” Ling adds. “Thus, we need to reinforce a culture of curiosity to drive innovation within the NTU community, as well as equip our students with the skills required to be problem-solvers, entrepreneurs and leaders who can rise to the challenge in any setting.”

NTU professor Louis Phee, dean of the College of Engineering, is leading the NTU I&E program.

“Our vision is to create a vibrant innovation and entrepreneurship ecosystem covering the entire spectrum of activity, from cultivating an entrepreneurial mindset through holistic education and experiential learning, to starting a business,” says Phee. “We aim to be a fertile breeding ground where great ideas, supported by a strong foundation in education and research, translate into successful commercial entities that ultimately benefit Singapore’s economy.”

Source: EurekAlert!

Posted under: Tech Transfer e-News