The UK-Singapore Universities Alliance for Entrepreneurship and Innovation (UKSAEI) – the first alliance of its kind to accelerate collaborations in entrepreneurship and innovation between the two countries – was launched on 8 April 2021, witnessed by H.E. Kara Owen, British High Commissioner to Singapore, and H.E. Lim Thuan Kuan, Singapore High Commissioner to the UK.
UKSAEI brings together universities from the UK (Bath, Coventry, Cranfield, Dundee, Edinburgh, Glasgow, King’s College London, Newcastle, Nottingham, Manchester and Strathclyde) and Singapore (Nanyang Technological University Singapore, National University of Singapore, Singapore Institute of Technology, Singapore Management University, and Singapore University of Technology and Design) to share knowledge and facilitate collaboration in commercialisation and innovation.
Enabling knowledge exchanges on technology transfer and commercialisation, cross-border licensing of technologies, and training the next generation of entrepreneurs, the Alliance will boost efforts in accelerating ideas to market and value capture, and deepen cooperation between innovation ecosystems in the UK and Singapore.
The Alliance will aim to facilitate, share knowledge and co-operate in the respective efforts of UK and Singapore universities in the areas of technology transfer and commercialisation through active engagement with government and industry; develop cross-border licensing of technologies and human capacity building as well as to support and encourage innovation; and act as the catalyst for commercialisation activities.
Owen said: “Both the UK and Singapore are strongly committed to investing in R&D, innovation and enterprise, and recognise the importance of collaborating internationally in these areas to support economic growth. Collaboration in knowledge and education is a top priority for the SG-UK Partnership for the Future, with science and innovation at its heart. The Alliance builds on the extensive links between UK and Singapore universities to make a practical contribution to the role innovation and enterprise development will play in post-COVID-19 recovery. Congratulations to everyone on the launch of this Alliance.”