Singapore and Asia: emerging hubs for technology and innovation
At the event opening, Guest-of-Honour Mr Tan Kiat How, Senior Minister of State, Ministry of Communications and Information, highlighted how Singapore and Asia have become vibrant hubs for technology and innovation, making a significant impact on the global start-up scene.
“This year, InnovFest aims to boost innovation and support talent development to make a big impact in Asia, especially in AI and sustainability. This focus comes at the right time, as Singapore has long recognised how important innovation and entrepreneurship are for driving economic growth, advancing society, and achieving sustainable development,” said Mr Tan in his speech.
He further affirmed the Singapore government’s commitment to investing in people, supporting the start-up community and creating an empowering environment.
Professor Chee Yeow Meng, Chair of the InnovFest Organising Committee and NUS Vice President (Innovation and Enterprise) added, “As Asia’s biggest showcase for university start-ups, InnovFest 2024 brought together promising ventures and entrepreneurs from across the region. This year’s event is indeed the biggest, most global and most inclusive iteration. The event not only supported participating start-ups but also strengthened Singapore’s start-up ecosystem and empowered the larger entrepreneurial community across Asia.”
Unlocking new frontiers in AI
A key theme for this year’s InnovFest was Artificial Intelligence (AI) and Digitisation. Setting the stage with his keynote on ‘Harnessing AI for Global Good’, Professor Mohan Kankanhalli, Director of the NUS AI Institute, discussed the transformative power of AI in sectors such as healthcare, education and materials discovery. In the healthcare space, for example, he spoke about how AI is harnessed to enhance primary care for common diseases such as high cholesterol, high blood pressure and diabetes, ultimately helping to slow disease progression.
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Source link : https://news.nus.edu.sg/innovfest-2024-asias-premier-start-up-showcase-sets-new-records/
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Publish date : 2024-06-21 03:50:03
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