Clara Chen, Co-Founding Managing Partner, Commercial Office at SDTA
Sustainability-focused deep-tech venture builder Singapore Deep-Tech Alliance (SDTA) has launched its revamped programme for its third cohort (STDA24).
This venture-building programme helps entrepreneurs bring advanced technologies to market in three phases, each structured with deliverables based on founder team formation, technology commercialisation, customer validation, product development and business building.
The nine-month programme will be segmented by new venture tracks, mentorship from SDTA’s senior advisory board, and access to the market through key Alliance Partners.
Participating ventures will have a greater and deeper access to a more vibrant ecosystem and connect with key research institutions through technology matching. They will also receive additional guidance from industry experts for their proof-of-concept project scoping and business-building activities.
SDTA will address societal challenges by building deep-tech ventures in Singapore. SDTA is launching five new venture tracks: manufacturing, semiconductor, healthcare, and energy verticals, with the climate tech horizontal spanning across the four verticals. This includes enhancing partnerships with entrepreneurs within these tracks and achieving a greater level of understanding of industry business needs, best practices and competitive advantages.
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SDTA will launch four key collaboration models with Alliance Partners to enable tangible and results-driven collaborations to further enhance public-private partnership models. These four collaboration models include:
New venture creation: A novel idea or opportunity area is identified by SDTA and its Alliance Partner, from which scope a use case that founders will build into a new venture.
Joint go-to-market: Leverage Alliance Partner’s existing technology stack to build novel solutions and jointly go to market with a new venture.
Be the exclusive launch customer: Co-develop prototypes or productise with a new venture and be the first in the industry to adopt novel solutions to improve operational efficiency and gain a competitive edge.
IP licensing: Licensing and commercialising Alliance Partner’s protected technologies to a new venture in exchange for royalties, licensing fees or equity in the venture.
Across all four models, SDTA ventures will have the opportunity to receive investment from Alliance Partners and be guided through the end-to-end process of taking advanced technology from lab to market.
The new Alliance Partners include Allnex, Dentsu Singapore, Micron Technology, Norgren, Zuellig Pharma and Panasonic R&D Center Singapore. Current partnerships have already been established by SDTA with TÜV SÜD, OMRON Asia Pacific, Lenovo Singapore, Avnet and Sunningdale Technologies.
Corporations interested in collaborating across the new SDTA24 venture tracks can reach out to join our industry network as an Alliance Partner and adopt one of the collaboration models.
Entrepreneurs passionate about climate tech in manufacturing, semiconductor, healthcare and energy industries can also submit their applications by 1 Aug 2023 to be a part of the SDTA24 Cohort.
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