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"FOUR Singapore-Israel joint research and development projects worth
some US$2.8 million have received fresh funding..." - TODAY, Singapore:
Apr 1, 2008
Next project proposal submission deadline is
30th June 2008
Dr Eliezer
Opper, Chief Scientist, Israel, "The mission of SIIRD is to support R&D projects of high
novelty. We have realized that, while we support R&D projects of
high novelty, companies are able to spend more resources on
developmental projects that are of lower novelty. Projects of higher
novelty tend to spin off more economic benefits." - Lian He Zao Bao, Singapore:
Feb 23, 2008
"Next year, SIIRD
will spend US$3 million to sponsor more joint R&D projects in areas
such as clean technologies, alternative energies such as fuel cell and
tidal power, telematics and digital media." - Business Times,
Singapore: Nov 15, 2007
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Singapore has been ranked one of the best cities for business procurement
in Asia by several reports. International reports critically analyse
and rank countries based on a number of criteria ranging from political
leadership, economic profitability, degree of corruption, risks in
investment, and skills in workforce to assess a country's competitiveness
as a business location.
Strategically located at the crossroads of Asia, Singapore aims to
serve as a compelling business hub for interested investors from all
over the world. The strategic geographical position is further complimented
by a world-class infrastructure system that has been implemented to
meet global business and industry needs. Singapore has top rated infrastructure
in air, sea, telecommunications and industrial land creating a conducive
environment for business to thrive.
Singapore is a compact, industrialised city-state. We do not have
the land to grow crops. Neither are we competitive in labour intensive
sectors like textiles and assembly-line manufacturing. Our economic
strategy is to promote high value-added manufacturing sectors like
wafer fabs, sophisticated electronic components, chemicals and pharmaceuticals,
and services sectors like telecommunications, finance, logistics,
life sciences, healthcare and education.
Singapore is a good launch pad for Israel companies seeking to globalise
their businesses. We are host to nearly 6000 MNCs from all over the
world, among which 3000 use Singapore as their regional headquarters.
Israeli companies can collaborate with this large pool of MNCs to
expand their businesses globally. Singapore is also a good place for
them to raise funds, both equity and loans, including venture capital.
Industrial R&D partnering can be a highly effective way of expanding
the technological and business scope of a firm. The two countries
provide a sizeable market presence for any commercialisation of technology
spawned out of joint R&D collaboration. By placing greater emphasis
on R&D, Singapore creates new growth areas and opportunities for
companies located here.
The Singapore-Israel Industrial R&D Foundation (SIIRD) is especially
well networked with the industrial
sectors of Israel to identify for your firm an appropriate technological
partner. SIIRD can also offer funding support for collaborative industrial
R&D projects, which have technical and commercial merit.
If your company is interested in seeking a technology partner in Singapore,
you are welcome to write in with a profile of your company as well
as information on the type of business partners you are interested
for joint collaboration. Your request will then be matched with our
Israeli database so that we can provide you with a list of firms for
your consideration. SIIRDF will be pleased to assist you, through
either our Singapore or Israeli office, in making initial contact
with any Israeli company, which might be of interest to you.
We look forward to hearing from you soon.
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