TECHNOLOGY and innovation were the two buzzwords at this year's Emerging Enterprise Award (EE 2016) - and it's no small wonder they were. Repeated references were made by Minister of State for National Development, and Trade and Industry, Koh Poh Koon, at a gala dinner on Sept 16 in the swanky St Regis Hotel. And it was evident too, in the varied and novel business models of the 16 finalists for the awards.
Mirxes, a life science company focusing on detection kits for the early identification and management of cancer cases, was given the Most Promising Startup Award. It will receive $30,000 worth of digital consultancy services from Maxus.
Venturecraft, a Singapore-based VC investor and accelerator, has launched a new S$50 million ($37 million) investment fund aimed at early and growth stage medical technology (medtech) and internet start-ups in Asia.