Business Innovations Generator
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| Formation | 2009 |
|---|---|
| Purpose | Nurture the entrepreneurial mindset and foster a vibrant community of innovators |
| Location |
|
Parent organization | Singapore Management University Institute of Innovation and Entrepreneurship |
| Website | https://iie.smu.edu.sg/big |
Business Innovations Generator[1][2] is an equity-free incubation programme[3] offered by Singapore Management University Institute of Innovation and Entrepreneurship. Housed within SMU Connexion, the Business Innovations Generator provides incubatees with 9-month access to the SMU Greenhouse and 4 months' mentorship program. It accepts founders with no SMU affiliation into the program. Although the program is industry-agnostic, there are no deep-tech startups within the program as the incubator does not have access to high-tech laboratories or scientific talent, given the lack of an engineering or medical school in Singapore Management University.
Founders who apply to the Business Innovations Generator are typically technology-based start-ups that have developed products or solutions related or catering to blockchain, fintech, sustainability, production of cell-based meats, cybersecurity, real estate and more. In aggregate, the Business Innovations Generator has incubated more than 355 startups that have collectively raised more than S$391 million.[4]
References[edit]
- ↑ Sagar, Mohit (9 November 2020). "Highest record of 27 New Start-ups Accepted into SMU Business Innovations Generator's Latest Cohort". OpenGov Asia.
- ↑ Ballesteros, Janine (2 July 2020). "SMU's incubator programme unveils second cohort of early-stage startups". Singapore Business Review.
- ↑ Karki, Shagun (18 February 2021). "Meet the 23 startups accepted into SMU Business Innovations Generator's maiden programme". e27.
- ↑ "Business Innovations Generator (BIG) | Institute of Innovation & Entrepreneurship". iie.smu.edu.sg. Retrieved 2022-07-04.
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