Singapore: NRF, Temasek to commit $75m for IP commercialisation

Singapore: NRF, Temasek to commit $75m for IP commercialisation

The Marina Bay Sands hotel and casino stands in Singapore, on Thursday, Feb. 18, 2016. Photographer: SeongJoon Cho/Bloomberg

Singapore’s state investor Temasek Holdings and the city-state’s National Research Foundation (NRF) have committed S$100 million ($75.9 million) to support the commercialisation of intellectual property (IP) from publicly-funded research under the NRF- Temasek IP Commercial Vehicle, according to details disclosed in briefings by the Singapore government on its 2018 budget.

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