The Maritime and Port Authority of Singapore (MPA) and NUS Enterprise, the entrepreneurial arm of the National University of Singapore (NUS), has announced the launch of Smart Port Challenge (SPC) 2020 under Port Innovation Ecosystem Reimagined @ BLOCK71 (PIER71)
Ms Quah Ley Hoon, Chief Executive of MPA, said, “As the shipping industry grapples with COVID-19, many companies are already repositioning themselves for the new normal. There are opportunities for greater digitalisation, automation and adoption of new technology. The Smart Port Challenge comes in timely where start-ups join hands with the shipping companies to curate solutions to future-proof ourselves and build a more resilient maritime community; with the added venture capital funding steering more resources towards this important effort.”
Technology start-ups are invited to submit proposals based on any of the 17 innovation opportunities that have been curated in collaboration with 15 maritime corporates and other partners this year.
Professor Freddy Boey, NUS Deputy President (Innovation and Enterprise), said, “PIER71 is part of our larger effort in developing deep-tech and industry-relevant programmes. It is even more pertinent now in helping to address real-world problems that have been identified by our maritime corporates who are ready and able to adopt viable and innovative solutions. From pivoting their business to be more relevant, to diverting and optimising their resources for operational efficiency, start-ups have stepped up to meet challenges and opportunities presented by this newly evolved environment. Through PIER71’s Smart Port Challenge, we look forward to seeing more innovative minds making a positive impact on technology in the maritime industry and playing a key role in our recovery from COVID-19.”
The closing date for submission of proposals is 10 August 2020.
Credit to PSA NR