JTC-Microsoft launches incubator programme

The JTC-Microsoft partnership has been set up with the aim of nuturing start-ups at Buona Vista Science Hub’s Technopreneur Park in Singapore.

JTC announced today a technology tie-up with Microsoft Corporation that will help nurture start-up companies in Buona Vista Science Hub’s Technopreneur Park.

The partnership will provide technopreneurs in Phase Z.Ro Technopreneur Park automatic access to the S$60 million Netimpaq Programme - a collaboration initiative by Microsoft, Compaq and Intel.

In addition, the Netimpaq partners will also be providing hardware and software amounting to S$1 million to help jumpstart the Technopreneur Park’s Accelerator Plan. In addition, the three leading multinationals will also provide access to their skills base and marketing network.

This partnership announcement follows closely on the heels of JTC’s announcement in September that it will be developing a Technopreneur Park to create an immediate presence in the Science Hub. To be developed under Phase “Z.Ro”, the Park will provide 60 incubation units for start-ups. The first 30 units will be available by March 2001.

JTC is also exploring providing other support services such as mentoring, guidance, business and financial assistance to create a total environment in the Technopreneur Park where start-ups can have access to all necessities that will help nurture their growth.