Nordic Innovation House Singapore: Newsletter - March 2024
Nordic Innovation House - Singapore
Scaling the best of the Nordics
Features
Advantages of 5G: Understanding new applications and opportunities
Present-day bandwidth access and speedy network, allow different kinds of AR and VR experiences enabled by 5G. Singapore is a good example where 5G is widespread, providing opportunities to develop 5G applications such as virtual guides for tourists. In May of 2022, in partnership with SGInnovate, we hosted this webinar with speakers from Singapore and the Nordics to share about new applications and opportunities that 5G could bring, and examples of use cases enabled by 5G.? Singtel, in collaboration with government agencies, has implemented various 5G use cases. For instance:
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Insights
Recognition of the pivotal role of global energy storage in achieving net zero emissions is poised to instigate a transformation, driving increased investments and innovations for a sustainable future by governments worldwide.
Forecasts suggest that in the coming five to ten years, a substantial shift in most countries will move away from centralized generation toward distributed energy systems. This transition paves the way for the concurrent expansion of energy storage systems alongside the rising demand for renewable energy generation (BSI).
Circular Economy Action Plan and the 2021 update to the EU Industrial Strategy have highlighted textiles as a pivotal component within product value chains.?
Recognizing an immediate imperative and significant potential, there's a compelling drive toward sustainable and circular production methods that can introduce innovative consumption and business models. The Circular Economy Action Plan outlines directives to enhance clothing durability, reparability, and ease of reuse and recycling (Kezzler).
By 2050, climate change and natural hazards threaten to diminish the Asia-Pacific region's GDP by 35%.?
Highlighted in the report "Catalysing Climate Action in Asia: Unlocking the Power of Philanthropic-Public-Private Partnerships," this region faces temperature increases twice the global average, resulting in heightened occurrences of severe weather events (World Economic Forum).
Opportunities
CHISEL Healthcare InnoMatch 2024 Info and Networking Sessions
8 March 2024 ?| Registration here?
As we draw closer to 8 Mar 2024, don't miss this chance to join us at the CHISEL Healthcare InnoMatch 2024 Networking Session!??
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Plus, a quick reminder: we're almost halfway through the Open Call period, applications for Healthcare InnoMatch 2024 closes on 5 Apr 2024. Seize this chance to submit your innovative solutions and look forward to receiving up to S$500,000 per solution for test-bedding opportunity.
Global Innovation Challenge Cycle 4 (GIC4)
19 March 2024 ?| Registration here
We are excited to announce the launch of Global Innovation Challenge Cycle 4 (GIC4), an initiative by PUB to source for innovative solutions from the global community to address operational challenges. In this cycle, they?have released three new challenge statements in the domain of water reclamation and are seeking the latest advancements in automation, robotics, and inspection technology.
They will be organising a virtual info session on 19 March 2024 to provide interested parties with deeper insights into the challenge statements and the opportunity to engage in direct Q&A with their?challenge owners.
Sweden Innovation Days
20 - 21 March 2024 ?| Registration here
An annual digital event, free of charge, focused on connecting innovation actors from around the world to foster partnerships with clear and actionable missions to create a more sustainable world. Despite Sweden being a climate front runner, we still have a responsibility to contribute to the Global Goals.
The event is dedicated to fostering international collaboration, so whether you are a startup, intermediary or corporate, working in the public sector, civil society, academia or a government agency, there will be something for everyone. We all need to be part of the innovation journey! So let’s innovate for resilience!
Building resilient systems involves creating strong, adaptable systems which can endure changes and disruptions. This resilience extends beyond production and delivery to include access to scarce goods and reducing the climate impact of supply systems. Achieving this requires innovative approaches in production, sustainable resource use, and recycling.
Sweden Innovation Days is an annual digital event with the objective of connecting innovation actors from Sweden and other countries around the world. The mission to create a more sustainable world can be implemented through international partnerships and collaboration.The event is organised by Vinnova – Sweden’s innovation agency, the Swedish Energy Agency – leading the transition to a sustainable energy system and Formas – a Swedish research council for?sustainable development in collaboration with SISP.
Nordic Innovation House is a connector accelerating high-quality Nordic tech startups, scaleups and growth companies in Singapore. We are the bridge between Nordic and Singapore ecosystem players, including government, corporate, SME, investors and accelerator hubs, to enable more collaborations.
In Singapore, we work with Business Sweden, Innovation Norway, Business Iceland, the Embassy of Finland in Singapore and the Embassy of Denmark in Singapore.
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