Expansion of the Innovation and Enterprise Fellowship Programme (IFP)
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: Expansion of the Innovation and Enterprise Fellowship Programme (IFP)

MR No.: 011/23

The Innovation and Enterprise (I&E) Fellowship Programme (IFP) aims to grow the pool of deep tech talent in Singapore to drive innovation in our economy, support the commercialisation of deep tech research, and bring nascent technologies to market.

The 12 to 18-month programme trains mid-career professionals to develop technology commercialisation skills through on-the-job training and attachments at appointed IFP partners. Through the programme, Fellows will gain exposure to technology commercialisation activities and develop relevant skills in areas such as productisation, intellectual property (IP) management, technology screening, financial modelling, negotiation and technical sales. Fellows will receive a monthly stipend for the duration of their training with the partner. The amount of the stipend varies across IFP partners and is also dependent on the Fellows’ existing qualifications.

Since the pilot launch in 2020, more than 90 Fellows have been onboarded. 85% of whom secured placements at tech-related companies or took on tech and commercialisation-related roles after they had completed the programme.

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