NUS Enterprise | Overview and Success Stories
Transcript of NUS Enterprise | Overview and Success Stories
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Introductionto
NUS Enterprise
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Experiential
Entrepreneurial Education
Active Industry
Partnership
Holistic Entrepreneurship
Support
Asia’s Thought Leader for
Innovation & Enterprise
NUS Enterprise – What We Do
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Experiential Entrepreneurial EducationOutputs
Stockholm
Singapore
Shanghai
Silicon Valley
New York
Israel
Beijing
Figures updated as of March 2014
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2003
Darius Cheong and
Varun Chatterji graduate
from NOC.
2005
Found tenCube in along with
NUS alumni Rishi and
Indradeep.
Incubate at NEI.
2006
Group wins Start-
Up@Singapore business plan competition.
$30,000 prize is used as seed
funding.
2007
Launch WaveSecuretechnology.
tenCube is acquired by McAfee
Success Stories
2003
2005
2006
2007
2010
Annual revenues top
$1M; company rejects
acquisition offer between
$5-10M
April 2014. Zopim is
acquired by American company
Zendesk for a reported $30M
2007
2009
20122014
Incubated at NEI; showcases for Tim
Draper; Product Launch in
Singapore and Silicon Valley
Obtains SPRING Seeds & NTH co-
investment
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IP Management –Commercialize IP
Industry Relations –Promote Collaboration
Industry Liaison Office Transform Innovation into Products and Services
• Strategic engagement
with industry
• Close interaction with
faculties and research
centers
• Lead in negotiations for
external collaborations
ProtectCommercialize
Evaluate
Managing IP Beyond NUS
Mechanobiology
Institute,
Singapore
Research Center of
Excellence:
CREATE:
Hebrew University of
Jerusalem’s Research Centre
on Inflammatory Diseases
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Our Comprehensive Eco-System & Incubator Framework
NUS Incubator
NEI Overseas Centres
Bringing foreign start-ups into SG
12 months12 – 18 months
Evalu
ati
on
Evalu
ati
on
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NUS Enterprise Incubator (NEI):
• Physical Incubation Facilities & Support Services (e.g., Corporate Secretary, Bookkeeping, Marketing/ Communications)
• Mentoring Program
Incubation & Mentoring Support
• Assistance in applying for government grants
• Angel Funds/ VCs
Access to Funding
• Access to NS R&D resources
• IP Advisory
• Legal/accounting services
• Workshops for business/financing training
Infrastructure
• Roadshows
• Investor Forums
• Networking (connect to local network e.g. SVCA & BANSEA and global network e.g. Silicon Valley & NOC connections)
• Business Leaders Roundtable
Marketing
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Examples of Successful Practicum Projects
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NEI@PGP NEI@FOE
Our Incubator Community
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Jointly set up by NUS Enterprise, Media Development Authority and SingTel Innov8 to boost Singapore’s interactive digital space, Plug-In@Blk71 provides start-ups and entrepreneurs one-stop access to the resources they need, as well as a common space to network and meet potential partners/ investors.
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NUS Enterprise Office
NEI@PGP(Prince George’s Park)
N-House
NEI@Blk71(Plug-In@Blk71)NEI@FOE
(Faculty of Engineering)
NUS Enterprise Community
SOC/IDMI
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Thank You