MPA Singapore Awards Grant To 11 Start-ups for Port Innovation

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The Maritime and Port Authority of Singapore (MPA) and NUS Enterprise, the entrepreneurial arm of the National University of Singapore (NUS), announced the launch of Smart Port Challenge (SPC) 2022.

Namely, MPA Singapore has awarded 11 start-ups a Maritime Innovation and Technology (MINT)-STARTUP grant for prototype development and test-bedding, reports Safety4sea.

11 start-ups awarded MINT grants 

These 11 start-ups are collaborating with maritime corporate partners from PIER71 on pilot projects that focus on the use of smart sensors, vision and data analytics, artificial intelligence and wearables amongst others.

For SPC 2022, 16 maritime companies have identified challenge statements across 15 areas for innovation under the areas of

  • Smart Port;
  • Smart Ship;
  • Crew Safety, Training and Wellbeing;
  • Smart Maritime Services and Logistics;
  • Green Technology.

Technology start-ups are invited to submit proposals on solutions to any of the challenge statements spanning across the 15 areas or in other areas related to the maritime sector in an Open Category. The closing date for submission of proposals is 8 July 2022.

PIER71 Accelerate programme

Shortlisted start-ups will be mentored under the PIER71 Accelerate programme and may be eligible for a MINT-STARTUP grant of up to S$50,000. They will also enjoy continued entrepreneurial and technical support beyond SPC through PIER71’s global network of partners.

The top three winners for SPC 2022 will be announced at the Grand Final in November 2022 and will win cash prizes of S$10,000, S$5,000 and S$3,000 respectively.

Developing a strong MarineTech sector

Mr Kenneth Lim, Assistant Chief Executive (Industry), MPA, said, “Going into its sixth year, the Smart Port Challenge continues to play a vital role in developing a strong MarineTech sector.”

He added, “By collaborating closely with global start-ups, we keep abreast of the industry’s challenge and opportunities, co-create innovative and pragmatic solutions, and ensure that the maritime sector remains future-ready as a vibrant and dynamic international maritime centre.”

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Source: Safety4sea

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