Some 40 firms developing clean technology solutions for the maritime industry can look for funding support from new research and industry partners, in a multi-million scale up initiative by NTU EcoLabs. It will support the development of technologies such as low-carbon alternative fuels, port equipment electrification and hybrid-electric propulsion systems, as part of the Maritime and Port Authority’s Maritime GreenFuture Fund. Its latest initiative is a tie-up with technology-focused venture firm SDGx and three other co-investors: Blue Ashva Capital, Origgin Ventures and Chrysalix Venture Capital. NTU associate vice-president of strategy and partnerships Subodh Mhaisalkar, who is also chairman of the EcoLabs board, said that these partners “will contribute expertise for the translation and deployment of deep-tech solutions in commercial testbeds, where we will help startups prove that their technology is ready for market adoption”.
Read MoreTo help the maritime industry reduce carbon emissions, tech firms can receive a boost from a new multi-million maritime technology scale-up initiative led by the EcoLabs Centre of Innovation for Energy at NTU Singapore. NTU EcoLabs, together with its technology partner SDGX and three of its co-investors, including Blue Ashva Capital, Origgin Ventures and Chrysalix Venture Capital, will support the Maritime and Port Authority of Singapore (MPA)’s Maritime GreenFuture Fund through this initiative.
Read MoreTo help the maritime industry reduce carbon emissions, tech firms can receive a boost during this COVID-19 recession from a new multi-million maritime technology scale-up initiative led by the EcoLabs at NTU. NTU EcoLabs, together with its technology partner SDGX and three of its co-investors: Blue Ashva Capital, Origgin Ventures and Chrysalix Venture Capital, will support the Maritime and Port Authority of Singapore (MPA)’s Maritime GreenFuture Fund through this initiative. Professor Subodh Mhaisalkar, Chairman of EcoLabs Governing Board and Associate Vice President (Strategy and Partnerships) at NTU Singapore, said disruptive change and innovation can happen as a result of synergy between ecosystems.
Read MoreBusinesses building clean technology solutions for the maritime industry can look for at least S$4 million in support from new research and industry partners, in a scheme unveiled on Friday. EcoLabs will support the development of technologies such as low-carbon alternative fuels, port equipment electrification and hybrid-electric propulsion systems, as part of the Maritime and Port Authority’s Maritime GreenFuture Fund. Its latest initiative is a tie-up with technology-focused venture firm SDGx and three other co-investors: Blue Ashva Capital, Origgin Ventures and Chrysalix Venture Capital. NTU associate vice-president of strategy and partnerships Subodh Mhaisalkar, who is also chairman of the EcoLabs board, said that these partners “will contribute expertise for the translation and deployment of deep-tech solutions in commercial testbeds, where we will help startups prove that their technology is ready for market adoption”.
Read MoreFirst Centre of innovation for energy sector will support SMEs and start-ups in clean energy projects. (The Straits Times)
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