Nanyang Technological University (NTU Singapore) and Enterprise Singapore (ESG), which is in charge of supporting small and medium enterprises – together launched the Singapore Agri-Food Innovation Lab (SAIL), an initiative that aims to accelerate innovation in the agri-food sector.
SAIL will serve as a national platform to enable partnerships between SAIL’s corporate partners, small and medium-sized enterprises (SMEs), start-ups, research institutes and institutes of higher learning (IHLs). Businesses will experience a range of business matching and co-innovation activities from this initiative as it works with agri-food corporates to establish problem statements, identify opportunities to find solutions, and organize knowledge-sharing sessions to match demand drivers and solution providers. For instance, one of the corporate partners, palm oil producer Apical Group, hopes to benefit from NTU Singapore’s strong research capacities and the platform’s extensive network to bring research outcomes to the market and address concerns across the supply chain.
The first batch of Agri-food corporates set to collaborate with SAIL will involve approximately 20 companies, including Agrex Asia, Apeiron AgroCommodities, Apical Group, Bountifood, Bunge, Cargill, Co-Laboratory, Cocoa Association of Asia, Dole International, First Resources, Float Foods, Golden Agri-Resources, IFFCO, International Rubber Study Group, Intersnack, Louis Dreyfus Company, N & E Innovations, Singapore Coffee Association, Shiok Meats, Sophie’s Bionutrients, Sumifru, and The Good Food Institute APAC.
(Source: Enterprise Singapore)