The Massachusetts Institute of Technology (MIT) has chosen
to anchor its Regional Entrepreneurship Acceleration Programme (REAP) right
here in Singapore
has won the bid to play host for the high acclaimed MIT REAP. This was
announced at the MIT Global Innovation Gala Dinner, graced by Dr Tony Tan Keng
Yam, President of the Republic of Singapore, at the Istana on July 21.
MIT REAP is a global stratagem that is conceptualised to help regions push for
economic growth and job creation, through Innovation-Driven Entrepreneurship
is a big step in the right direction for Singapore, as it anchors itself
prominently as an innovation hub. Especially so because MIT REAP only admits
eight to 10 partner regions that change periodically to participate in this
is two-year programme will open doors for budding entrepreneurs, to work with
world-renowned MIT faculty and other associated REAP members. The programme
will be conducted through a list of activities to build and implement a custom
regional strategy for enhancing the host country’s IDE ecosystems.
provides real-world solutions for participating regions to develop the building
blocks necessary to create an economic ecosystem that is attractive to
high-growth start-ups,” said MIT Professor Fiona Murray, Associate Dean at the
Sloan School of Management.
By Geralyne Kaye Ong / August 19, 2015 10:00AM GMT+8
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