Internationalisation Series: Tech Opportunities in Boston for Singapore Technology, Manufacturing & Retailing Industry

This programme is focused on experiential learning and incorporates case studies workshops, panel discussions, site visits and class presentations to enable participants to achieve the following:

•    Boston is a global technological innovation hub, especially in Healthtech, Edtech, Fintech, & Robotics. Boston is famous for being the place where young entrepreneurs like Mark Zuckerberg (Facebook) and Drew Houston (Dropbox) started their companies. The well-known start-up accelerator YCombinator started in Boston. In June 2022. Amazon opened its Boston Tech Hub where 2000 Amazon staff work on inventing and innovating on behalf of customers. This programme will update business owners and senior management on the latest technogical innovations & collaboration opportunities in Boston: 
          o    Understand the latest technology, innovation and entrepreneurship landscape in Boston;
          o    Visit Massachusetts Institute of Technology (MIT)  to learn about its technology and innovation ecosystems including MIT Media Lab, and to explore collaborations with its technologies & spinoffs
          o    Visit Harvard University  to learn about their technology & innovation ecosystems including Harvard Innovation Labs, and to explore collaborations
•    Understand the dynamism of Boston and foreign investment incentives;
•    Benefit from business networking sessions with Boston tech leaders (business owners & senior management) 
•    Design a business strategy for implementation

Course Details

Course Dates:
No dates available 

Duration:
6 days

 

Who Should Attend

 

Business owners and senior management from trading, manufacturing and logistics ecosystem

Prerequisites

  • Basic knowledge in technology, manufacturing and retail 

Programme Outline

Learning Objectives
•    Acquire the latest knowledge on Boston's technology, innovation and entrepreneurship ecosystem;
•    Evaluate potential partnerships from business networking sessions, and site visits 
•    Evaluate the business opportunities  
•    Create a business strategy for implementation 
Day 1 (Half day - Singapore/ Half day - Boston)

Pre-trip in Singapore: Strategy Workshop: Opportunities in Boston for Singapore Technology, Manufacturing & Retailing Industry

Site Visit: MIT Computer Science and Artificial Intelligence Laboratory (CSAIL)

  • MIT CSAIL is a research institute at the Massachusetts Institute of Technology (MIT) formed by the 2003 merger of the Laboratory for Computer Science (LCS) and the Artificial Intelligence Laboratory (AI Lab). Its spinoffs include Dropbox, Boston Dynamics' robot dog Spot 
  • Collaboration opportunities for  Singapore Technology, Manufacturing & Retailing Industry
Seminar, Networking Session and Dinner in Boston (Sunday)             
  • Seminar: Opportunities for  Singapore Technology, Manufacturing & Retailing Industry
  • Collaborative discussion with potential local partners
Day 2

Site visit: Boston Mayor Office
•    Understand Boston’s business ecosystem and government incentives.
•    Business opportunities for  Singapore Technology, Manufacturing & Retailing Industry

Seminar, Lunch and Networking Session 
•    Seminar: Opportunities for  Singapore - Boston Tech Ecosystem
•    Collaborative discussion with Boston business leaders
•    In-depth partnership discussions with Boston Mayor Office & business leaders

Site visit: Google
•    Understand Google’s innovation ecosystem ,and related companies in Boston
•    Collaboration opportunities for  Singapore Technology, Manufacturing & Retailing Industry

Day 3

Site Visit: Harvard University
•    Understand the global leadership strategy in driving innovation, including AI & Web3
•    Workshop with leading innovation experts and company leaders

Seminar, Lunch and Networking Session 
•    Seminar on "Huawei's Global Partnership Ecosystem: Trends & Opportunities"
•    Partnership discussions with innovation experts and company leaders

Site visit: Harvard Innovation Labs, Harvard University
•    Understand Harvard’s innovation ecosystem and related companies in AR/VR Studio, Maker Studio & Media Studio
•    Opportunities for  Singapore Technology, Manufacturing & Retailing Industry

Sharing & Networking Session with Harvard Innovation Labs
•    Panel discussion by selected Harvard Innovation Labs' company founders & SUTD participants
•    Networking with potential partners

Day 4

Site Visit: Massachusetts Institute of Technology (MIT)
•    Understand the MIT's innovation & entrepreneurship ecosystem, including leading technologies and tech start-ups. MIT spin-offs generated US$2 trillion annual revenue,  equivalent of the 11th-largest economy in the world.
•    Explore partnership 

Site Visit: MIT Media Lab 
•    The MIT Media Lab is a MIT research laboratory which is not restricted to fixed academic disciplines, but draws from technology, media, science, art, and design. Its Consortium Lab Members include Google,  McKinsey, IDEO, Samsung & Dentsu. Learn about emerging new technologies and innovations
•    Explore partnership opportunities 

Day 5

Site visit: MIT
•    Workshop on "Leading Digital Transformation" with leading MIT experts and business leaders

Site visit: Cambridge Innovation Center (CIC)
•    Cambridge Innovation Center (CIC), established in 1999 in Massachusetts, U.S., operates the world's largest full-service office innovation centers, housing more than 2,000 startups, venture capital firms, major corporations, and certified professionals worldwide. Google set up its New England headquarters in CIC in 2005, & Android co-founder Rich Miner was the first person to move in.
•    Understand the CIC's innovation & entreprenuership ecosystem, including workshop session with leading company founders
•    Explore collaboration opportunities 

Day 6

Site visit: Kendall and Central Square innovation hubs such as The Engine, and cutting-edge ventures visits
•    Explore collaboration opportunities

Hands-on Strategy Workshop: Collaborations with Boston tech companies for Singapore Technology, Manufacturing & Retailing Industry
•    Participants to use a strategy framework to create their respective strategy

Roundtable on " Collaborations with Boston tech companies for Singapore Technology, Manufacturing & Retailing Industry"
•    Panel Discussion 

  •   Singapore Manufacturing Federation (SMF) rep 
  •   SGTech rep
  •   Regional Director, Enterprise Singapore 

•    All participants to share with their respective Strategy

Facilitator: 
Andrew Chin 
Lead Instructor, SUTD Internationalisation Series

Assessment
  • Presentation of company's business strategy to capture business opportunties

Course Fees and Funding

Full course fee inclusive of prevailing GST

You pay
S$10,682.00

SkillsFuture Course Fee subsidy (70%)

  • For Singapore Citizens < 40 years old 
  • For Permanent Residents

You pay
S$3,204.60

Mid-Career Enhanced Subsidy (90%)

  • For Singapore Citizens ≥ 40 years old

You pay
S$1,244.60

Enhanced Training Support for SMEs (90%)

  • For SME - Sponsored employees

You pay
S$1,244.60

The above module fee payable is inclusive of 9% GST. 

Register your interest

 
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Instructor

Chin Min Han Andrew
Lead Instructor, SUTD Internationalisation Series
SUTD Academy

With close to 25 years of experience in education and publishing industry in Asia, Andrew Chin's multi-sector career has enabled him to experience the full spectrum of the education ecosystem in his roles as a Singapore EDB officer handling the World-Class University portfolio and the Specialist Information & Publishing Industry portfolio, Chief Representative & Country Manager (China) at Thomson Learning (Fortune 500 company), Cofounder & CEO for an early childhood education business, and Business Development Director (Universities) at Sodexo Group (Fortune 500 company) for Asia Pacific region.

After working 10 years in Beijing, China, Andrew returned to Singapore to work closely with the top leadership at Singapore Management University (SMU) on SMU China & East Asia Initiatives in Sept 2012. He is currently Program Director of SMU Executive Certificate in China Business, and Program Director of SMU Internationalisation Series. He teaches as an Adjunct Faculty of Strategy & Organization at SMU Lee Kong Chian School of Business since Jan 2017. He teaches undergraduate courses, Masters courses and Executive Education courses effectively in English and Chinese.

Andrew Chin graduated from Tsinghua University in Beijing, China with a Tsinghua-MIT Sloan International Masters of Business Administration degree under the Singapore Government’s Asian Business Fellows (ABF) Scholarship Program. He has a Bachelor of Business Administration with Second Class (Upper) Honours degree from National University of Singapore.

With Singapore Management University (SMU)'s nomination, Andrew is recognized as a Specialist Adult Educator (Curriculum Development) under the Adult Education Professionalization (AEP) initiative, a national level initiative under Singapore’s SkillsFuture.


Policies and Financing Options

SSG Funding Terms and Conditions

Use of Personal Details

In consideration of the subsidy provided by SkillsFuture Singapore Agency (“SSG”) through the SUTD Academy for the Course,
 

I consent to:

The collection, use and disclosure to relevant third parties of my personal data by the SUTD Academy including but not limited to personal particulars, attendance records, assessment/performance records, for the following purposes:

  1. Reporting of national statistics and conducting of holistic continuing education training research and analysis;

  2. Facilitate the conduct of the relevant surveys and audits in relation to the Course;

  3. General administration of the Course including but not limited to processing of the subsidy provided by SSG;

  4. Publicity and marketing of the Course or other Courses to be provided by SSG or SUTD Academy; and

  5. SSG or its Appointed Auditors or Nominated Representatives to directly contact Course Participant to obtain information deemed necessary for the purposes of conducting effectiveness survey or audits in relation to the Course.

SUTD will have to claim the full course fee from participant who is unable to fulfil the SSG funding requirements stated below.

I agree to:

  1. Attend and complete all lectures, class exercises, workshops and assessments;

  2. Complete the Course feedback at the end of the Course;

  3. Complete the post Course survey sent about 3 to 6 months after class attendance; and

  4. Sign up for a personal email account.

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For more information on SUTD's privacy statement, please visit https://sutd.edu.sg/Privacy-Statement.

SUTD Terms and Conditions

Methods of Payment

Learn more about the available payment modes.

Cancellation & Refund Policy

  1. If a written notification is sent to sutd_academy@sutd.edu.sg within 24 hours after course registration deadline there will be no cancellation charges. A full refund will be made. 

  2. No refund is provided if written notification is more than 24 hours after course registration deadline. SUTD Academy reserves the rights to collect the full fee amount from the participant.

Replacement Policy

Companies may replace participants who have signed up for the course by giving a 3-working day notice before the course commencement date to sutd_academy@sutd.edu.sg. Terms and conditions apply.

Registration Policy

  1. Course may be cancelled due to insufficient participants. SUTD Academy will not be responsible or liable in any way for any claims, damages, losses, expenses, costs or liabilities whatsoever (including, without limitation, any direct or indirect damages for loss of profits, business interruption or loss of information) resulting or arising directly or indirectly from any course cancellation.

  2. Course enrolment is based on a first-come, first-served basis.

  3. SUTD Academy reserves the right to change or cancel any course or instructor due to unforeseen circumstances. 

Types of Funding

Funding under Mid-Career Enhanced Subsidy ("MCES")

  1. MCES is an enhanced Subsidy to encourage mid-career individuals to upskill and reskill, thereby helping them to remain competitive and resilient in the job market. With this, all Singaporeans aged 40 and above will receive higher subsidies of up to 90% course fee subsidy for SSG-funded certifiable courses.

  2. Individuals/employers are not required to submit an application for the MCES. Those pursuing SSG-funded programmes will be charged the appropriate subsidised fees by SUTD Academy if they are eligible MCES. Individuals/employers will only need to pay the nett fee (full course fee after SSG's grant).

    For more info, please visit SkillsFuture website at https://www.skillsfuture.gov.sg/enhancedsubsidy

Funding under Enhanced Training Support for SMEs ("ETSS")

  1. ETSS is an enhanced funding to enable SMEs to send their employees for training.

  2. SMEs will enjoy subsidies of up to 90% of the course fees when they sponsor their employees for SSG-funded certifiable courses.

  3. In addition to higher course fee funding, SMEs can also claim absentee payroll funding of 80% of basic hourly salary at a higher cap of $7.50 per hour. SMEs may apply for the absentee payroll via the SkillsConnect system.

  4. To qualify, SMEs must meet all of the following criteria:
    - Organisation must be registered or incorporated in Singapore
    - Employment size of not more than 200 or with annual sales turnover of not more than $100 million
    - Trainees must be hired in accordance with the Employment Act and fully sponsored by their employers for the course
    - Trainees must be Singapore Citizens or Singapore Permanent Residents

    For more info, please visit SSG website at https://www.ssg.gov.sg/programmes-and-initiatives/funding/enhanced-training-support-for-smes1.html


Funding under Union Training Assistance Programme ("UTAP")

UTAP is a training benefit for NTUC members to defray their cost of training. This benefit is to encourage more union members to go for skills upgrading.

NTUC members enjoy 50% unfunded course fee support for up to $250 each year when you sign up for courses supported under UTAP (Union Training Assistance Programme).

For more info, please visit https://e2i.com.sg/individuals/ntuc-education-and-training-fund/.
 


Funding under Post-Secondary Education Account ("PSEA")

The Post-Secondary Education Account (PSEA) is part of the Post-Secondary Education Scheme to help pay for the post-secondary education of Singaporeans.

This is part of the Government’s efforts to encourage every Singaporean to complete their post-secondary education. It also underscores the Government’s commitment to support families in investing in the future education of their children and to prepare them for the economy of the future. PSEA is not a bank account.

It is administered by the Ministry of Education (MOE) and is opened automatically for all eligible Singaporeans.

Account holders can use their PSEA funds to pay for their own or their siblings’ approved fees and charges for approved programs conducted by approved institutions.

However, you will have to check your eligibility and balance by contacting MOE first.

Contact MOE at (65) 6260 0777

E-mail to MOE at contact@moe.edu.sg

Click here for MOE website.