Singapore, 20 September 2017 - The inaugural IP HatchDay, an open innovation competition that aims to leverage on Intellectual Property (IP) and technologies to develop scalable business ideas, will be launched at TechInnovation 2017 on 20 September.
IP HatchDay is organized by Piece Future Pte Ltd and supported by the Intellectual Property Intermediary (IPI), a non-profit organisation established under Singapore’s Ministry of Trade and Industry.
Winners of IP HatchDay will receive a starter kit for success, consisting of mentoring, business networks, exposure to institutional partners, funding and incubation opportunities.Prizes also include the added element of granted IPs and technologies, which are offered by three renowned institutions: Panasonic, Temasek Polytechnic and IP Bridge.
More than 200 individuals have registered for the IP HatchDay launch, including individuals and representatives from Small and Medium Enterprises, multinational corporations, legal firms and industry organisations. Attendees will experience first-hand how IP and technologies can be commercialized by getting a glimpse of the 10 innovative business concepts and supporting IP and technology portfolios on offer at IP HatchDay.
The IP driven open innovation competition aims to introduce a fresh proposition to complement the government’s 10-year IP Hub Masterplan to develop Singapore into a global IP hub.
“Innovation is limitless and intellectual properties are incredible source of ideas,” said Jason Loh, CEO and Founder, Piece Future Pte Ltd. “Intellectual properties may be like diamonds in the rough sometimes but Piece Future knows exactly how to make their value shine through.”
First round submissions for IP HatchDay close on 5 November 2017.
For more information, please visit www.iphatchday.com
For media enquiries, please contact:
Mr Jason Loh Piece Future Pte Ltd
+65 8118 8119
Ms Genevieve Cham
Piece Future Pte Ltd
+65 8118 2586
About Piece Future Pte Ltd:
Piece Future Pte Ltd, Asia’s Global Intellectual Property (IP) Bank, is an innovation-driven IP Bank whose mission is to use global IP to PIECE out a sound FUTURE for Small Medium Enterprises (SMEs) and start-ups to aid them in their journey towards becoming successful globally. At Piece Future, we solve the pain points of IP owners, SMEs and start-ups, by offering services ranging from IP Business Strategy Consultancy, IP Intelligence, IP Innovation to IP Sourcing and Investment. Piece Future strives to be the premier organisation in the arena of supporting IP to business commercialisation