Singapore unveils startup fund to fuel maritime digital transformation ZDNet 2 hrs ago © ZDNet
Singapore is offering funds to help startups pilot projects for the maritime industry, which can also access sandboxes to test new technologies. A new zone also has been dedicated to testbed drone technologies for maritime applications, as the country navigates its ambition of becoming a global maritime startup hub.
Technology had played an integral role in keeping the sector resilient during the COVID-19 outbreak and would continue to do so in a post-pandemic era, said Chee Hong Tat, Singapore s Senior Minister of State for Foreign Affairs and Transport. To help the industry navigate this, it needed an environment that supported risk-taking and experimentation as well as collaborations with internal and external partners, Chee said.
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