Get2Volume to incubate semiconductor start ups

SINGAPORE: Get2Volume has been selected by the Singapore National Research Foundation (NRF) as a technology incubator cofounding under its Technology Incubation Scheme (TIS).

The TIS that was initiated to nurture new high tech start up companies in Singapore, comes under the National Framework for Innovation and Enterprise (NFIE).

Since 7 years, Get2Volume has been focusing on semiconductor and microelectronics companies in Singapore.

Under TIS, the NRF will invest in Singapore based high tech start ups along with Get2Volume. Get2Volume has incubated some successful semiconductor start ups like Semitech semiconductor and ConnectedHealth.

Get2Volume has partnered with Synopsys (Semiconductor tools), Nanyang Technological University's VIRTUS Semiconductor Centre of Excellence, the Singapore Institute of Microelectronics (IME), and National University Singapore (NUS).

The Get2Volume Accelerator is sponsored by the Singapore Semiconductor Industry Association (SSIA), to facilitate the start ups in semiconductor sector.

"There is a real opportunity here to help the semiconductor industry grow stronger and become more vibrant and supportive of growth and innovation. Singapore, with its worldwide fabless semiconductor company revenue of $80 billion and an established semiconductor MNC capability, is the perfect place to facilitate the development of cutting-edge technology. Singapore has a strong semiconductor ecosystem that can be leveraged to enable a competitive advantage for start ups," said Ulf Schneider, SSIA President.