MPA expands support, innovation programmes for maritime tech startups

23 Nov, 2021

The Maritime and Port Authority (MPA) launched various initiatives to further support maritime technology (MarineTech) start-ups in Singapore, as part of enhanced plans to develop the MarineTech ecosystem.

It has also renewed its partnership with the National University of Singapore’s (NUS) entrepreneurial arm NUS Enterprise for another 3 years, to expand the scope of its innovation programme PIER71 (Port Innovation Ecosystem Reimagined @ BLOCK71).

Read the full article on Business Times.

Shortlisted finalists are enrolled in a two-phase, 12-week programme.

Phase 1: Fit Check - Market Discovery and Validation

Kickstart your journey by diving deep into the heart of your market! In this phase, we'll help you answer the pivotal question: Is there a product-market fit for your solution? Validate your tech, test your assumptions, and find the perfect match for your innovation. A review will be conducted at the end of Phase 1. Only selected participants will advance to Phase 2.

Phase 2: Gap Busters - Navigating New Markets

Now, it's time to bridge the commercial gap. In this phase, you’ll partner with industry veterans who bring sharp business insights to the table. Together, you’ll navigate and conquer markets that may be uncharted territory for your startup.

Although the programme is designed for remote and overseas participants, in-person participation is required for the following events conducted in Singapore: