SUTD partners 6 VC firms to boost startup ambitions

Graphic from SUTD Facebook page.

The Singapore University of Technology and Design (SUTD) has signed an agreement with six venture capital (VC) firms to boost the university’s entrepreneurial ecosystem and nurture local startups.

The six VC firms are BeaconRock Investments, which focuses on private equity (PE) and VC deals, crowdfinance platform FundedHereFund Singapore, Raffles Venture Partners, RIA Venture Capital; and Velocity, a Singapore-based business acceleration programme supported by ACP Pte. Ltd.

SUTD is building its internal infrastructure to provide more resources to students exploring entrepreneurial ventures.

The collaboration with these six partner organisations will provide more opportunities for students to receive support from potential investors and mentorship from the industry, with special focus in areas such as healthtech, fintech, edtech, Big Data and Internet of Things.

The collaboration will see SUTD students and startups have the opportunity to interact with these partners through entrepreneurship-related activities, such as StartUp Fiesta, SUTD 10K Challenge, Create4Good, Startup Pitch Day, StartSomething@SUTD, etc.

The firms in the partner network will also establish a work placement programme for selected SUTD students as well as mentor promising startups. 

SUTD has worked hard to cultivate a strong entrepreneurship ecosystem for students, with its Office of Technology and Enterprise Management to support students’ startup ventures.

Recently, this was further complemented through the launch of the SUTD Technology Entrepreneurship Programme (STEP), which is an integrated 4.5-year programme, where students graduate with a Bachelor of Engineering or Science and a Master of Science in Technology Entrepreneurship for students with a strong interest in entrepreneurship.

Dr Wong Woon Kwong, Director of SUTD’s Office of Technology and Enterprise Management: “The establishment of the MoUs demonstrates the commitment of SUTD, through its Entrepreneurship Centre, to provide the SUTD community with a strong startup ecosystem to better support them in their spinoff aspirations and as a result, create more technologically grounded startups in Singapore.”

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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.