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Government agencies commit S$40m to National Innovation Challenges

These exercises spur multi-agency partnerships and help businesses find solutions for more efficient operations

Vivienne Tay

Vivienne Tay

Published Wed, Jul 22, 2020 · 09:50 PM
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Singapore

ENTERPRISE Singapore (ESG), the Infocomm Media Development Authority (IMDA) and the National Research Foundation (NRF) have dedicated S$40 million in funding to National Innovation Challenges (NICs).

The NICs were announced by Finance Minister and Deputy Prime Minister Heng Swee Keat in the Fortitude Budget. They aim to create cross-industry collaborations to co-innovate and tackle immediate needs for safe reopening amid the Covid-19 pandemic.

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