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| Singtel Innvo8 launches Innov8 Connect, seeks startups to tackle Singtel’s Group business challenges |
Singtel Innov8, the venture capital arm of Singtel Group, has publicized the launch of a global programme called Innova8, a cluster of start-ups to create innovative business solutions to ups and downs faced by the Singtel Group.
Singtel Innov8 will publish briefs listing Singtel Groups business challenge. Start-ups businesses with relevant innovative business solutions are invited to submit their applications through Innov8 Connect portal.
“Since Innov8’s launch in 2010, we have invested and partnered with many talented start-ups globally to help them expand their businesses and introduce innovative technologies to the Singtel Group,” CEO of Singtel Innov8, Mr Edgar Hardless said in a press release.
He added, “Entrepreneurs are looking for problems to solve. This programme enables Singtel to share real-world business challenges and invite solutions from start-ups globally. It is an excellent opportunity for start-ups to work directly with Singtel’s business units and validate their solutions.”
Start-ups selected will then be invited to showcase their idea to Singtel Groups management representatives. After the scrutiny, one start-up business per briefing would be handpicked to work on trial with Singtel.
Qualified start-ups will be entitled to receive up to S$75,000 ($52k) to exemplify and verify the proffered solutions. Successful business solutions that passes the trial may further go into a commercialization process with Singtel Group. This will afford start-ups a robust enterprise network of the Group that comprises mre than 575 million customers across Africa, Asia and Australia.
Also, is an opportunity for start-ups to seek funding from the Groups platform-Singtel Innov8. Open for submission now is the first 10 set of the Groups project briefs which is focused on Customer service experience, Cloud enterprise, smart and safe city,
You can view the Groups project briefs here. Start-ups from across the Globe and Singapore can now put forth their applications for the challenge through the companys portal.
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