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When Shih Choon Fong became president of the National University of Singapore (NUS) in 2000, he recognised the need to produce more enterprising graduates as the internet looked to become the future.
The Silicon Valley dot-com boom was in full swing, though it would soon bust and put many of the more dubious internet start-ups out of business. Still, the realisation that Singapore had few of its own start-ups led Shih to work with several other professors to launch the NUS Overseas Colleges (NOC) programme.
The hope was that sending students to intern at the surviving technology start-ups in Silicon Valley while studying entrepreneurship in Stanford University would groom them to be more entrepreneurial, which would lead to innovation later down the road, whether through their own start-ups or taking on innovation-related roles in their careers.
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