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Published online by Cambridge University Press: 01 February 2011
Singapore, located at the centre of Asia, is an ideal dynamic hub to converge advanced R & D and industry leaders, robust alliances, new technologies and world class infrastructure. In the field of nanotechnology, Singapore is equipped with state of the art facilities (one of the best in the world) for nanotechnology R & D and it has unique open research environment for encouraging and attracting international collaboration and industry cooperation. Combining its efficient government administration and international business and financial environment, Singapore is becoming an attractive place for setting up leading R & D centres, research and development partnerships for research institutions and industries, and for locating company regional headquarters. Singapore government is aggressively promoting innovation and launched attractive funding schemes in help fostering SMEs and spin offs from research institutions. Singapore government has committed SGD 13.55 Billion (USD10B) on R & D for the period of 2006-2010 (over 200% increase from the previous 5 year period), making Singapore GERD to 3% of GDP by 2010. Singapore is not only a melting point of diverse cultures but most importantly a place for exciting converging technologies, global partnerships and creates growth nanotech industries. In this article we give an overview on the Singapore public and private financing schemes for nanotech R & D and commercialisation. Incentives for supporting start-ups as well as R & D partnerships with research institutes are summarized. We outlined the world-class infrastructure for nanotech R & D. Summary of nanotech R & D efforts are highlighted.
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