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Hewlett Packard Enterprise unveils 3-year incubator programme in Singapore
HEWLETT Packard Enterprise (HPE) on Monday unveiled a three-year incubator programme in Singapore to partner local companies to create and commercialise new technologies.
The new programme - InnovateNext - together with the investment in its operations at its new Asia Pacific and Japan (APJ) headquarters building, will boost HPE's investment in Singapore to US$140 million over the next five years.
HPE will lead the programme in collaboration with Singapore's Economic Development Board (EDB) to partner with local technology startups and HPE's customers to develop and commercialise solutions across industries, including manufacturing, distribution, financial services, communications, media and entertainment and the public sector.
The solutions will align with HPE's priority technology offerings, including hybrid IT, Internet of Things (IoT) and data and analytics.
The InnovateNext program plans to support 12 startups, with the goal of developing solutions that are viable for the global market. HPE also aims to co-innovate and develop 10 vertical solutions with enterprise customers over the next three years. The program provides access to HPE resources and mentorship.
HPE said it will identify existing startups that can contribute to the success of the company's customers in Singapore and APJ. Startups will also be identified through local universities and local venture capital companies.