A 3-way MOU has been signed between MPA, Singapore Customs
and Singapore Shipping Association to look into the digitalisation of
trade and maritime documentation in the industry. At the launch
of Singapore’s Sea Transport Industry Transformation Map,five Memorandums of Understanding (MOUs) were signed
between Maritime and Port Authority of Singapore (MPA) and various partners to
underscore the collective commitment of stakeholders to drive innovation,
productivity and human capital development in the transformation of Maritime
Singapore.

Boosting participation
of startups in maritime industry MPA and NUS Enterprise, the entrepreneurial
arm of the National University of Singapore, signed an MOU for a period of
three years to jointly execute the Maritime Technology Acceleration Programme
(MTAP). It aims to encourage Singapore’s maritime industry to accelerate
innovation, experimentation and venture into adjacent/new growth areas through
working with tech start-ups. The collaboration will include a residency partnership at
Block 71 within the JTC Launchpad @ one-north, and both parties will jointly
organise activities under the MTAP.

One of the core activities is Smart Port Challenge (SPC),
which aims to attract start-ups to tackle challenges in the maritime industry. The SPC is an annual competition that discovers and attracts global start-ups
to tackle challenges in the port, shipping and maritime logistics domain put
forward by maritime corporates.

Start-ups will be connected to participating
industry partners through a series of ideation workshops. The next SPC is
expected to be launched in April 2018 during Singapore Maritime Week.

Shortlisted start-ups from the SPC will develop their
prototypes through a 10-week curriculum. They will spend this time
contextualising, developing and enhancing their prototypes, augmented with
mentorship and training. Read more from opengovasia.com…

thumbnail courtesy of opengovasia.com