Singapore: Enterprise Singapore (ESG) on Thursday launched its inaugural Energy Open Innovation Challenge (EOIC) 2020, in partnership with energy companies Chevron, ConocoPhillips, ExxonMobil and Shell, to seek tie-ups with small and medium-sized enterprises (SMEs) and startups, according to an SGSME report
The EOIC is calling for innovative solutions from SMEs and startups that address 19 challenge statements spanning asset management, robotics, sustainability, and workflow.
Shortlisted SMEs and startups will have the opportunity to work directly with the four companies to develop, refine, and test their solutions both in Singapore and globally.
ESG will also provide eligible SMEs and startups with up to S$1 million (US$730,000) in grant support to ramp up the development of their solution, so they can build their track record, scale the business and create good jobs.
