Business & Economy Startups Fusing Ideas For Innovation

Fusing Ideas For Innovation




- Advertisement -

With increasing talk on the promotion of innovation and innovative practices two companies that The Independent spoke to, showed how that can be done.

Unilever Foundry, a company whose business is about creating opportunities for start-ups and innovators to engage, collaborate and explore business ideas is teaming with Padang & Co; a business unit that prides itself on providing private, public and people sector partners the space to adopt a range of open innovation practices to solve problems to develop new opportunities.

Both companies today launched Level 3, today launched LEVEL3, a co-working and collaborative programme that pushes the boundaries of collaboration and corporate innovation.

By redefining the traditional concept of workspaces, LEVEL3 brings together Unilever, start-ups, and entrepreneurs to encourage innovation and create new partnerships that promises to deliver real and meaningful business impact.

- Advertisement -

LEVEL3 stems from our mission to make sustainable living commonplace. It offers our business a direct connection with disruptive technologies and changemakers to shape the way we work — ultimately impacting people’s lives,” said Pier Luigi Sigismondi, President, South East Asia and Australasia. “LEVEL3 is the springboard for startups to scale and build successful businesses.”

Within the Unilever regional headquarters in Singapore, the 22,000-sqft workspace provides proximity to Unilever brands and functions and access to existing Unilever Foundry programmes. In a boost to its credentials some 15 international and local start-ups have already established themselves at LEVEL 3 including Adludio, ConnectedLife, Datacraft, EcoHub, GetCRAFT, Next Billion, Olapic, Snapcart, TaskSpotting and Try and Review.

“The set-up of LEVEL3 in Singapore – a global first for Unilever – is a strong testament to the growing vibrancy of Singapore’s startup ecosystem,” said Dr Beh Swan Gin, Chairman, Singapore Economic Development Board. “LEVEL3 represents an emerging corporate innovation model that is aligned with EDB’s efforts to encourage collaborations between multinational companies and other enterprises such as startups.”

- Advertisement -

29-year-old inmate gets straight As for O levels, tops her cohort

Singapore — A 29-year-old inmate has topped her inmate cohort in the results for last year's GCE O-level examinations, according to the Singapore Prison Service (SPS) on Wednesday (Jan 13). Her story was released on Captains of Lives, the Facebook page...

9 new NMPs lay out topics they will be bringing up in Parliament

Singapore—House Speaker Tan Chuan-Jin announced on Thursday (Jan 14) that the nine new Nominated Members of Parliament (NMP) are to be appointed on Jan 21. The NMP scheme, introduced in Singapore in 1990, was put in place to ensure that there would...

Chee Soon Juan posts video calling out “sinful waste of public funds in Bukit Batok”

Singapore—Dr Chee Soon Juan, the secretary-general of the Singapore Democratic Party (SDP), posted a video on his Facebook page on Wednesday (Jan 13) decrying a "sinful waste of public funds in Bukit Batok.” He was referring to a proposed linkway from Member...