INTIEASingapore · Energy National innovation Challange (NIC) SingaporePolicyIn force

Energy National innovation Challange (NIC) Singapore

The National Innovation Challenge (NIC) is a nationwide innovation initiative in Singapore designed to fast-track solutions involving startups, SMEs, corporates, research institutions, industrial groups, and government agencies. This challenge aims to encourage the development…

Last changed 5 years ago.

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Country / jurisdiction: Singapore · Year: 2011 · Status: In force · Level: National · Type: Voluntary

The National Innovation Challenge (NIC) is a nationwide innovation initiative in Singapore designed to fast-track solutions involving startups, SMEs, corporates, research institutions, industrial groups, and government agencies. This challenge aims to encourage the development of innovative and cost-competitive energy solutions for deployment within 20 years to help Singapore improve energy efficiency, reduce carbon emissions and increase energy options. Challenge owners can tap into a diverse pool of solvers with cross-industry expertise. Solution providers will receive support and funding to develop innovative solutions. A total of SGD 40 million has been allocated to the NIC.

Official source: https://www.openinnovationnetwork.gov.sg/about/about-national-innovation-challenges

Source

https://www.iea.org/policies/5227

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