Media Releases 22 Jul 2020 Updated 22 Jul 2020 ESG, IMDA and NRF commit S$40 million to National Innovation Challenges to help companies emerge stronger post-COVID Share: MR No.: 057/20 Singapore, Wednesday, 22 July 2020 Enterprise Singapore, the Infocomm Media Development Authority and the National Research Foundation Singapore launched a series of seven National Innovation Challenges today to accelerate innovation efforts and help enterprises develop solutions to overcome challenges in the post-COVID world. As announced by Deputy Prime Minister Heng Swee Keat in the Fortitude Budget, the NICs seek to catalyse partnerships across the economy by providing a platform for enterprises, government agencies, Research Institutions, Institutes of Higher Learning, and Trade Associations & Chambers to co-innovate and tackle immediate needs for safe reopening. Through open innovation calls, the cross-industry collaborations will also address mid- and long-term sectoral challenges to help companies emerge stronger in the new future. Click here to see full release.