Corporate Incubation Program
About the Program
SG FinTech Bay’s Corporate Innovation Lab offers a multi-dimensional ecosystem for corporate innovation. The program is an initiative promoted by SG FinTech Bay to support and promote the Entrepreneurial aspect of the FinTech Ecosystem through the adoption of the following elements: Scalability, Sustainability and Diversity.
Our program results in improving business processes, providing connections with investors, facilitating access to financing for digital transformations, and help connect users of digital innovations across the value chain. Also, diversity and creativity thrive in our inclusive environment that invites new ways of thinking, and challenges the status quo.
The Corporate Incubation Program began on June 3rd and accepts applications on a rolling basis. Financial institutions, corporates and even startups are encouraged to setup their innovation labs at our global FinTech Bay locations. Start by submitting the registration form below to indicate your interest.
Partner Collaboration
Foster innovation, engage and collaborate with the local and international partners across all of our hubs
Entrepreneurship Facilitation
Facilitation of Entrepreneurship to stimulate further innovation and commercialize business concepts
Global Connectivity
Ideate and incubate your projects in our collaborative co-working spaces in Bahrain, Singapore and the United States
Project & Events
Participation and Branding opportunities in Conferences, Networking Events, Webinars, Hackathons, Seminars, Meetups and Summits
Partner Exposure
Increase your brand recognition & value – Engage with FinTech Consortium’s global partner network
Digital Ecosystem &
Partners Portal
SFB Portal Access, Digital Branding on portal and Digital Signage, and access to monthly E-Newsletters
Why join us?
Innovation Lab
By joining our Corporate Incubation Program, one of the main benefits is to assist in Innovation Lab Co-Creation. SG FinTech Bay’s Innovation Lab promotes the entrepreneurial components of the FinTech ecosystem.
Amplify
Inspiring ideas and projects through DFB’s thought leadership
ILLUMINATE
Outcomes
Foster innovation, engage and collaborate with local and international partners across all of our hubs
Promote
Promising leaders & ground-breaking initiatives
INCUBATE
Ideate and incubate your projects in our collaborative co-working spaces in Asia, MENA and North America
Reform
Convene networks of innovators to challenge the status quo
INFLUENCE
Increase your brand recognition & value – Engage with FinTech Consortium’s global partner network
Scale
Build upon leadership's ideation capacities and the execution capabilities of the team
BUILD
Cross cultural experiences to allow access to new markets
Our Steps for Effective Innovation
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Understand the start-up landscape
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Assess potential partners’ fit with company’s innovation goals
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Conduct cross-industry assessment of disruptive trends
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Enable executive “immersions” in Singapore
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Engineer a structured decision-making process
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Define specific roles
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Develop corporate venture strategy
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Assess type of satellite companies
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Adopt proactive mitigation measures
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Build business case
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Develop proof of concept and conduct rapid prototyping
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Develop innovation KPIs and key milestones