The NUS Graduate Research Innovation Program will invest a total of $18m over the next five years to support the creation of 250 spinouts.
National University of Singapore (NUS) unveiled the S$25m ($18m) Graduate Research Innovation Program (Grip) yesterday to seed, incubate and launch up to 250 companies over the next five years.
The program will focus on deep technology projects led by researchers, post-doctoral fellow and graduate students, selecting up to 50 per year for a three-month business validation and venture creation program.
Grip will be managed by NUS’ commercialisation arm, the industry liaison office, whose staff will be on hand to offer…