The announcement was made by Dr Vivian Balakrishnan, Minister for Foreign Affairs during his opening speech at InnovFest Unbound at Marina Bay Sands. Other companies collaborating with NRF include CapitaLand, DeClout and Wilmar International.
Dr Robert Yap, Executive Chairman of YCH Group, is Chairman of SCA. He shared, “YCH is committed to contributing to the growth of the supply chain start-up environment by equipping its players with the right technical, operational and knowledge capabilities. We look forward to the creation of innovative products that can be scaled and used in Singapore and other countries.”
Said James Ong, our Head of Corporate Finance is an Investment Committee Member of SCA, “We look forward to working with NRF to monitor the changing landscape of the Supply Chain and Logistics industries to identify early stage companies with high growth potential and a technology focus that would fit into the ecosystem which YCH is developing within Supply Chain City.”
This ecosystem will offer the best in knowledge and expertise as well as provide a platform for startups to test bed new and innovative ideas. The community will also offer start-ups easier access to potential customers, the right mentors and opportunities to embrace ideas and disruptive technologies.
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