Startup Station Singapore will be Facebook’s first data innovation startup program in Asia.
Facebook, in partnership with the Infocomm Media Development Authority (IMDA) of Singapore, today unveiled Startup Station Singapore, a six-month program to support innovative data-driven startups that are developing the next generation of business solutions today. The program aims to help establish a model of data innovation for Asia and the rest of the world. This program is Facebook’s second data innovation startup program globally, after France, and the first in Asia.
Set to kick off in February 2019, the program will empower startups to accelerate their businesses in new and cutting-edge ways, while continuing to keep peoples’ trust, transparency and control over their data at the core. The first cohort will consist of startups from Singapore and around the region.
“Southeast Asia is home to some of the most exciting startups in the world. We’re thrilled to support a new generation of regional startups who have the potential to create jobs and grow the economy. Through our partnership with IMDA for Startup Station Singapore, we will be able to give startups the infrastructure and access they need to refine and scale their business models,” said Alvin Tan, Head of Public Policy ASEAN, Facebook.
“We are happy to work with industry partners such as Facebook who will help enrich our start-up ecosystem by bringing its expertise in key Digital Economy areas such as Artificial Intelligence, product innovation and data protection with a global approach; Coupled with our strong push to develop data collaboratives and data sharing frameworks, this ensures that Singapore continues to be an attractive location for start-ups to site their data-driven projects, test innovative ideas, develop solutions and springboard into new markets,” said Tan Kiat How, Chief Executive, IMDA.[Read More]