Singapore Supports Innovative Enterprises to Go Global

Singapore Supports Innovative Enterprises to Go Global
Singapore, 27 August 2019 – Minister for Trade and Industry, Mr Chan Chun Sing, today announced the launch of the Intellectual Property Office of Singapore’s (IPOS) subsidiary – IPOS International – at the opening ceremony of IP Week @ SG 2019. The new entity, built on deep expertise and extensive networks established over the years within the IPOS Group, will support enterprises and industries for business growth through the commercialisation of their intangible assets (IA) and intellectual property (IP). Singapore’s first Skills Framework for IP – a world first – was also launched at the two-day conference, which attracted more than 3,500 participants from over 45 countries. Memoranda of Understanding (MOU) with five other IP Offices and an overseas media organisation will be inked, bridging the innovation ecosystems with the international communities and supporting the translation of ideas and IP into products and services.

IPOS International helps enterprises and industries go global with their intangible assets

IPOS International, the expertise and enterprise engagement arm of IPOS, brings together over 100 IP experts with strengths in IP strategy and management, patent search and analysis, and IP education and training, to help enterprises commercialise their IP and IA. Taking an enterprise-centric approach, IPOS International provides customised programmes and advisory services tailored to specific business needs.[1] For a start, businesses can use Illuminate® for Enterprises, a free tool designed to help businesses assess their IP management status. In 10 minutes, businesses will receive key insights on potential IP gaps and risks, as well as tips and recommendations for further actions.

Companies can also tap on IPOS’ extensive networks covering 90% of global trade to expand globally through their IP and IA. Together, IPOS and IPOS International will deliver value to enterprises and industries by building global networks with local and foreign innovation communities, and growing IP expertise and manpower for Singapore and beyond.

Mr Daren Tang, Chairman, IPOS International, said, “As Singapore’s economy transforms, enterprises will increasingly turn to innovation to drive business growth. To support them on this challenging journey, we have decided to bring together over 100 of our IP experts under one roof to provide new solutions and tools for these enterprises. We will also work closely with partners in government and the private sector, in Singapore and overseas, to offer holistic solutions to innovative enterprises as they scale up into the region and beyond.”

  

Posted on: 27 August 2019
IPOS International
IPOS International