EcoLabs, OCBC, Mistletoe and Blue Ashva are jointly launching a 3-year program to support SMEs/start-ups for translation and deployment of sustainability technologies with test clients. The Program shall focus on high technology readiness solutions from a wide range of sustainability-related topics such as Blue & Green Carbon, Circular Economy, Carbon Management, Digitalization, E-Mobility, Energy Efficiency and Smart Cities. This partnership between a regional bank, global venture capital firms and a national centre of innovation is the first in Singapore and possibly in this region, and it will benefit a large pool of emerging companies that are helping corporates to address global issues in sustainability.
OCBC is the longest established Singapore bank, the second largest financial services group in Southeast Asia by assets and one of the world’s most highly-rated banks. OCBC and its subsidiaries offer a broad array of commercial banking, specialist financial and wealth management services, ranging from consumer, corporate, investment, private and transaction banking to treasury, insurance, asset management and stockbroking services.
Mistletoe is the Collective Impact Community to empower start-ups and innovators to turn entrepreneurial challenges into world impacts. To this end, Mistletoe participates in every stage of the innovation lifecycle – from defining issues to creating projects; supporting like-minded innovators, startups researchers; engaging students and the community – all in the endeavour for disruptive ideas with a positive social impact on the world.
About Blue Ashva
Blue Ashva Capital is an investment firm that aims to build lasting value by unlocking the potential in entrepreneurs around the world. Blue Ashva invests long term capital that understands business needs and supports with conviction; incubate novel technologies that will become the foundation of future industries; and help entrepreneurs reach market through our ecosystem of global strategic partners.