The Maritime and Port Authority of Singapore (MPA) in collaboration with the National University of Singapore awarded 12 start-ups with $600,000 to implement and test-bed smart port-related prototypes and solutions.
MPA Singapore informed that they awarded $35,000 each start-up, boosting them to pilot their solutions over the next 12 months, in line with the Port Innovation Reimagined @ BLOCK71 (PIER71) 2019.
The startups focus on the use of technologies such as artificial intelligence, virtual and augmented reality, blockchain, robotics and more.
They will collaborate with the MPA and NUS Enterprise, the NUS’ entrepreneurial arm. The grant applications were assessed based on the solutions’ viability in addressing maritime challenges.
Ms Quah Ley Hoon, Chief Executive of MPA, stated that
Although the global COVID-19 situation has caused widespread disruption, we push ahead with innovation in the maritime sector. Singapore continues to support the use of emerging technologies to transform the maritime industry, uplift the way companies do their business and strengthen our resilience as a maritime nation.
She concluded that the grants represent the Authority’s commitment to supporting innovation as part of Singapore’s Sea Transport Industry Transformation Map, and we are heartened by the results we’ve seen to date from previous grant recipients.
