An official launch of the "Life Science Incubator" was held on 22 September 2021, at German Center Singapore.

The launch was officiated by Guest-of-Honour, Minister of State, Mr Alvin Tan, Ambassador to German Embassy, Dr. Norbert Riedel and attended by representatives of educational institutions, ecosystem builders, industry accelerators and partners from Singapore and Germany in a hybrid setting.

Life science companies are reinforcing their presence in Asia, particularly here in Singapore. With eight of the top ten pharmaceutical and medical technology firms basing their headquarters in Singapore, there is a growing demand for expertise in the laboratory, technical sales, quality, and engineering-related skill sets.

The aim of the Life Science Incubator is to cater to the growing pool of start-ups that demand agile, equipped, affordable facilities and to be a resource for the thriving local ecosystem to leverage, while also attracting German and European companies looking to access and accelerate in the region.

The incubator will work with local accelerators, universities, and polytechnics to engage in their missions, stimulating entrepreneurship and provide external resources to support the spin-out efforts of these institutions. The venture also aims to aid in the creation of employment opportunities in the field of life sciences.