SINGAPORE - Singapore will host a month-long festival to promote innovation through collaboration with Australia this September.
"Good Science = Great Business" will see top scientists and business leaders from Australia and Singapore meet and discuss plans and partnerships.
It is being organised by the Australian High Commission, in collaboration with the Australian government's trade, investment and education promotion agency, Austrade, the Commonwealth Scientific and Industrial Research Organisation (CSIRO) and leading Australian universities.
CSIRO, an independent Australian federal government agency responsible for scientific research, has already collaborated with Singapore's Agency for Science, Technology and Research and Nanyang Technological University on research in advanced manufacturing, health and biosecurity.
The festival will be held in locations around Singapore and focus on areas including medtech and health, data science, and a theme of commercialisation and start-ups.
It will feature business workshops, hackathons involving Australian and Singaporean university students, and a gala dinner.
The Australian High Commission is hoping to see an increase in collaboration between Australian and Singaporean research agencies, companies, universities and start-ups.
The festival also provides Australian companies venturing into the Asean region an opportunity to set up office in Singapore.
The Australian Landing Platform, an initiative by the Australian government offering start-ups such an opportunity, will have a booth at the festival to showcase its newest cohort of companies.
Among the new companies, Data Republic- one of Australia's leading data sharing platforms - announced on Monday (June 4) that it would establish an office in Singapore as part of its expansion into Asia.
Australian Minister for Jobs and Innovation Michaelia Cash announced the coming festival on Monday.