Singapore must grow deep-tech start-ups: Expert

Dr Wong Poh Kam (left), director of the NUS Entrepreneurship Centre, with ProSpace chief executive Steve Ong at the Kashiwa-no-ha smart city in Chiba prefecture, east of Tokyo.
Dr Wong Poh Kam (left), director of the NUS Entrepreneurship Centre, with ProSpace chief executive Steve Ong at the Kashiwa-no-ha smart city in Chiba prefecture, east of Tokyo.ST PHOTO: WALTER SIM

More investment in higher-risk sectors will boost start-up scene

Not enough government money was pumped in to support deep-technology start-ups, a leading Singapore industry expert said yesterday, though the launch of government-owned firm SGInnovate marks a step in the right direction.

Dr Wong Poh Kam, director of the National University of Singapore (NUS) Entrepreneurship Centre, said more investment in higher-risk sectors with a longer gestation period will be required for the Republic's start-up scene to mature and develop critical expertise.

TO READ THE FULL ARTICLE

Thank you for reading The Straits Times

You have reached one of our Premium stories. To continue reading, get access now or log in if you are a subscriber.

What is Premium?

A version of this article appeared in the print edition of The Straits Times on November 03, 2018, with the headline 'S'pore must grow deep-tech start-ups: Expert'. Print Edition | Subscribe