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M1 and SGInnovate today announced that they have signed a memorandum of understanding (MOU) to connect start-ups with potential corporate partners, provide technical support, and promote 5G capabilities.
5G technology will significantly improve the speed of data transfer with its ultra-fast latency and high-speed connectivity.
M1 will identify corporate partners keen to explore the benefits of 5G use cases for their business.
SGInnovate’s role is to primarily identify Singapore-based start-ups, and international start-ups where relevant, and match them to relevant 5G use cases for B2C or B2B2C solutions.
Dr Lim Jui, Chief Executive Officer of SGInnovate said they are looking forward to working with start-ups to further breakthroughs in innovation and discover new use cases of 5G.
Ready with a POC
The collaboration is expected to benefit start-ups with a Proof-of-Concept or commercially ready products to showcase how they could work with 5G.
For example, healthcare-based solutions where seconds saved could be the difference in saving a person’s life.
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