Singapore Govt. Says Over $2.8 Million Availed to Support Sustainability Innovation Solutions

Published on:
by KnowESG
The-Circular-Transition-Indicators-now-available-in-Japanese i1140

Enterprise Singapore (EnterpriseSG) and private partners launched the fourth round of the Sustainability Open Innovation Challenge (SOIC) to get ideas from the public for new ways to improve sustainability.

In a speech at the Singapore Week of Innovation and Technology 2022, Deputy Prime Minister Heng Swee Keat said that 21 demand drivers had issued 20 challenge statements to find solutions for sustainable materials, renewable energy, and zero waste.

“For the first time, we will feature dedicated Partner Challenges to collectively address both local and global sustainability challenges,” read the statement.

Solution providers will take part in partner challenges, such as The Liveability Challenge from the Temasek Foundation and the Sustainability in Textiles Challenge from the Singapore Fashion Council.

More than $2.8 million was made available to support the development of new solutions.

EnterpriseSG will also bring back the Trade and Connectivity Challenge for the fourth year to "further strengthen the innovation infrastructure for trade and connectivity."

EnterpriseSG also started the India Open Innovation Challenge to help Singapore startups and tech-based small and medium-sized businesses "capture opportunities in India's fast-growing urban and digital economy."

Aside from that, EnterpriseSG and the Ministry of Defence are teaming up to launch the first Defence Innovation Challenge (DIC) in 2022.

Source: Singapore Business Review

For more technological news

Share:
esg
esg
esg
esg

Tech Headlines

Active Impact Investments Raises $110M to Back Climate Tech Startups

Active Impact Investments Raises $110M to Back Climate Tech Startups

 European Capital Markets Pivot: Euronext’s ESG Rebrand Targets Defence and Infrastructure

European Capital Markets Pivot: Euronext’s ESG Rebrand Targets Defence and Infrastructure

From Waste to Resource: Dow and Google Use AI to Recycle the Unrecyclable

UK Firm Turns Captured CO2 into Materials for Roads, Buildings

Mobile CO₂ Capture Tech to Decarbonise Diesel Freight Trains

Coding for the Climate: Green Software Development That Cuts Waste and Carbon

MVGX and BDO Launch AI Tool to Cut ESG Reporting Time in Half

Adaptavate Raises £2.7m to Expand Low-Carbon Building Tech

Manchester Pilot Converts Wastewater Biogas into Clean Hydrogen

New Travel Decarbonisation Tech Emerges from UK Universities