Friday, 12 July 2024

Singapore Deep-Tech Alliance (SDTA) Gears Up for Sustainable Innovation Asia 2024 (SIA),

09 May 2024 | Company results

Singapore Deep-Tech Alliance (SDTA) Gears Up for Sustainable Innovation Asia 2024 (SIA),

Photo Credit: Singapore Deep-Tech Alliance (SDTA)

Photo Credit: Singapore Deep-Tech Alliance (SDTA)

Sustainability-focused deep-tech venture builder, Singapore Deep-Tech Alliance (SDTA) unveiled annual flagship demo day event, Sustainable Innovation Asia (SIA) 2024 on May 8. The third iteration of SIA, serving as a dynamic platform where deep tech meets sustainability to showcase the latest advancements of SDTA’s portfolio ventures. The event convened together founders, venture capitalists, corporates, research institutions, government agencies and other key stakeholders. 

The program was conducted in three phases, each structured with deliverables based on founder team formation, technology commercialisation, customer validation, product development and business building. SDTA24 portfolio ventures, which have completed a rigorous 9-month venture building program showcased their ventures pitching to corporates, investors, and public stakeholders from the innovation ecosystem. The goal is to catalyze investments in sustainable innovations to address pressing global issues.

"SDTA24 represents a cohort of innovative ventures poised to make a significant impact on sustainability. There will be ample opportunities for founders and partners to forge meaningful connections and drive sustainable innovation forward. Building on the success of SIA, we remain committed to nurturing a vibrant ecosystem where deep-tech ventures thrive and contribute meaningfully to global sustainability efforts.” expressed Clara Chen, Founding Partner, SDTA

"Singapore adopts a collaborative approach to identify, nurture, and scale innovative startups that are working on transformative technologies in this important area. We look forward to deepening our partnership with ecosystem players like the SDTA, and anchor even more startup and innovation activities in Singapore” said said Emily Liew, Assistant Managing Director, Innovation and Startup Ecosystem, Enterprise Singapore

SDTA Establishes Strategic Base at Singapore Science Park  

At SIA demo day, SDTA also announced Singapore Science Park (SSP), owned and operated by CapitaLand, as its new home base. Serving as the hub for their operations, this strategic location provides unparalleled access to top-tier resources, facilities, and a thriving ecosystem of startups, researchers, and industry partners. The partnership between SDTA and CapitaLand at SSP is designed to foster extensive research & development (R&D), knowledge sharing, and entrepreneurship, setting the stage for transformative sustainable solutions.   

Mr Chew Peet Mun, Managing Director, Investment & Development, CapitaLand Development (Singapore) said, “Promoting R&D is central to the mission of SSP, and we are committed to support initiatives that help to fuel innovation and foster collaboration across industries. We are therefore pleased to welcome SDTA to SSP, which will boost the park’s R&D ecosystem system and reinforce SSP’s reputation as an important hub for innovation and a conducive environment for deep-tech companies.” 

In addition to its strategic partnerships with Lenovo, Dentsu, and SSP, SDTA launched a brand refresh to align with its mission of amplifying its Alliance Partners' strengths through enhancing innovation capabilities. At the SIA Demo Day 2024, the new SDTA logo was unveiled by the management.  

SDTA is opening its call for applications for the SDTA25 program, welcoming not only individual founders but also pre-investment ventures with sustainable solutions. This initiative is part of SDTA's broader goal to cultivate a more extensive array of sustainable solutions, contributing to Singapore's transformation into a more climate-resilient and carbon-responsible nation. It is designed to attract a diverse group of innovators, from seasoned executives to fledgling startups, who are poised to make significant contributions to the sustainability ecosystem. 

"Our refreshed approach marks a pivotal moment in our journey towards fostering deep-tech innovation and sustainability. Through this brand refresh, we are creating a more connected multi-stakeholder ecosystem. This ecosystem will serve as a network for collaboration, enabling us to tackle wicked sustainability issues looming over our planet. Through this strategic initiative, we aim to enhance our ability to innovate, drive impactful solutions, and strike a balance between profit and planet” shared Luuk Eliens, Founding Partner, SDTA. 

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