Where SMEs find technologies
A programme set out to encourage and support innovation amongst SMEs in Singapore. From understanding your business challenges, to designing solution concepts and matching them with the right solution providers. Allowing you to improve and build capabilities in your business.
How does it work?
The process can range from approximately 2 to 6 weeks, from the submission of requirements to the presentation of solution, depending on the nature of problem and the extent of solutions that are required by the SME.
All DBS SME Banking Customers can take part in this.
Click here to find out how to open an DBS Business Account instantly.
Infocomm Investments Pte Ltd (IIPL) is a wholly-owned subsidiary of the Infocomm Development Authority (IDA) of Singapore. Its mandate is to build and invest in Singapore and global infocomm technology start-ups. Managing more than US$200 million, IIPL accelerates the development of start-ups in their formative phase, and invest further as they move towards growth and expansion.
IPI was established under Singapore’s Ministry of Trade and Industry. IPI focuses on industry needs and translates their innovation objectives into specific technology requirements to enable enterprises to develop new processes, products and services.
Yes, upon submission of a DBS TechMatch request, the IIPL team will be in touch to get more information. They will help you refine your problem statement so that a more suitable solution recommendation can be made. Once the requirements are cleared, you will be informed of the appropriate next steps.
Not all problem statements submitted require solution hacking, there may be off-the-shelves solutions available. For those that require solution hack, IIPL might group the submitted problem statement with other similar statements when being worked on. However, you will still be invited participate in the showcase demo session of the solutions at the end of the solution hacking week.
As the problem statement owner, we would require your participation at critical points of the process. More details will be provided by the IIPL team.
No, SMEs are under no obligation to take on the solution that is presented to them.