NTU wins lion’s share of NRF’s latest round of research grants
Out of 12 grants, seven of NTU proposals are awarded NRF’s Proof-of-Concept grants to bring state-of-the- art technology to the mass market
Smart windows that can change colours and block harmful UV rays, laptops that get fully charged within five minutes, novel body vein verification system to identify masked gunmen and child sexual abuse criminals and environmentally-friendly batteries that are four times more powerful than conventional ones. These are some of the latest technological breakthroughs that will enter the mass market soon.
Nanyang Technological University (NTU) researchers have been awarded an estimated S$1.75 million by the National Research Foundation (NRF) to develop their inventions into prototypes to enable quicker commercialisation. NRF awarded the latest batch of Proof-of-Concept (POC) grants to 12 proposals from Institutes of Higher Learning (IHLs), of which seven were won by NTU. The grant will provide each researcher a funding of up to S$250,000 to develop their inventions into prototypes for commercial applications. This fifth call for proof-of-concept brings the total number of awards to 63 since the scheme was launched in 2008. So far NTU has won 24 of these grants, totalling to about S$6 million.
“There are times when good inventions fail to venture beyond the lab. This may be due to lack of finances, commercialisation know-how or industrial support. The NRF Proof-of-Concept grant award is an important motivation for our professors to help them realise their dream of seeing their invention on the sales floor,” said Jeffrey Nadison, Associate Provost for Innovation, NTU. “Working together with NTU’s Nanyang Innovation & Enterprise Office, we will help them achieve the market relevance and commercial potential of their research. With strong support from the university, our researchers will soon see their efforts bear fruit and their success stories will also inspire others to turn ideas on the drawing board into commercially ready prototypes and applications.”
The Proof-of-Concept scheme is part of the National Framework for Innovation and Enterprise (NFIE) announced by Prime Minister Lee Hsien Loong at the 3rd Research, Innovation and Enterprise Council (RIEC) meeting in March 2008. Under the scheme, S$75 million has been set aside to facilitate the commercialisation of technologies in institutions of higher learning.
More information on the researchers and their projects can be found in the attached fact sheet.
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