The UK-Singapore Universities Alliance for Entrepreneurship and Innovation will bring together top universities from both countries, with the UK government noting that the alliance will:
- Facilitate, share knowledge and co-operate in the respective efforts of UK and Singapore universities in the areas of technology transfer and commercialisation through active engagement with government and industry.
- Develop cross-border licensing of technologies and human capacity building as well as to support and encourage innovation.
- Act as the catalyst for commercialisation activities.
- Actively facilitate and enable collaboration between universities, public research institutes, government and industry players in the innovation ecosystem in Singapore and the UK to co-create value.
“Both the UK and Singapore are strongly committed to investing in R&D, innovation and enterprise, and recognise the importance of collaborating internationally in these areas to support economic growth,” said Kara Owen, British high commissioner to Singapore.
“Collaboration in knowledge and education is a top priority for the SG-UK Partnership for the Future, with science and innovation at its heart”
“Collaboration in knowledge and education is a top priority for the SG-UK Partnership for the Future, with science and innovation at its heart.”
Lim Thuan Kuan, Singapore high commissioner to the UK added that “since the signing of the Singapore-UK Innovation & Research Partnership Agreement in 2014, Singapore’s collaboration on research, innovation and enterprise with the UK has been growing from strength to strength.
“I welcome this ground-up initiative and the aim of the Alliance to facilitate commercialisation and innovation among our IHLs. I wish them every success,” he said.