2020 Nordic Health Virtual Market Entry Programme (CLOSED)
Overview of Healthcare Landscape in Singapore
Asia-Pacific’s Medical Technology (MedTech) sector is expected to grow from US$88 billion in output in 2015 to US$133 billion by 2020—surpassing the EU to become the world’s second-largest MedTech market. With its government’s push towards becoming a Smart Nation, Singapore is leading the region in MedTech research and development. It is now called home by more than 60 multinational MedTech firms.
This year, the Nordic Innovation House Singapore (NIH-SG) theme on NORDIC HEALTH aims to support and provide Nordic companies an opportunity to expand their foothold in Singapore and Southeast Asia. NIH-SG shares the mission to bridge Nordic Health-related delegations with its core Trade Promotion Offices (TPOs) from Finland, Sweden, Norway, and Iceland.
NORDIC HEALTH VIRTUAL MARKET ENTRY PROGRAMME 2020 – PHASE 1 TO 3
PHASE 1: Insights and information
For all Nordic tech startups, scale-ups, and growth companies that are interested to find out more about opportunities with healthcare institutions in Singapore. Briefing webinars with interested companies.
This phase is free of charge and open to all Nordic participants. Interested Nordic companies need to apply to the programme after this phase.
Objectives:
Provide an overview of the different healthcare institutions, their problem statements, and type of collaboration opportunities.
PHASE 2: Virtual Programme Week 1
(14 - 18 September)
For Nordic startups, scale-ups, and growth companies that are selected to the program and have committed to participate (= signed the program contract).
Series of matchmaking webinars public healthcare institutions. We will start with introductions in groups during this first week. On-boarding and preparation webinars with NIH-SG team
Objectives:
Provide a deeper understanding of relevant healthcare institutions and problem statements provided by different healthcare stakeholders.
PHASE 3: Virtual Programme Week 2*
(21 - 25 September)
Series of tailored 1-to-1 matchmaking webinars with selected health institutions. Investor and technology matchmaking webinars.
Objectives:
Companies have a clear understanding of different health institutions and what kind of business opportunities it provides for them.
To introduce Nordic companies to all major stakeholders and create potential business leads for Programme participants.
NIH-SG team will also help with follow-ups after the programme.
*Detailed programme schedules will be provided later on
Group Showcase - Selected Nordic companies 5-min pitch to participating Singapore stakeholders.
Individual Meetings - Booking of 1-to-1 meetings with different stakeholders upon their request.
Programme Timeline
January - March: Collecting problem statements and briefs from Singapore stakeholders.
March - 1st September: Application period: Innovation Norway, Business Sweden, Embassy of Finland, Embassy of Iceland, clusters + NIH-SG marketing efforts towards Nordic companies (Phase 1).
1st September: Application deadline and selection.
14 - 18 September: Pitching by companies in plenary sessions to hospitals (Phase 2).
21 - 25 September: 1-to-1 meetings between healthtech companies and health institutions (Phase 3).
End-September onwards: Support with needed follow-ups.
Programme Package includes
Material package and briefing
Series of preparation webinars
Preparation support with presentations and pitching
Group sessions and tailored individual virtual meetings
Virtual investor matchmaking event and pitching
Virtual technology matchmaking event
Visibility in NIH-SG Nordic Health Virtual Market Entry Programme marketing and communication materials
6-month NIH-SG membership with all benefits
Programme Participation Fee
For non-existing NIH-SG members:
SGD 2,000 (excluding 7% GST) per company*
*Different price for Danish companies
For existing NIH-SG members:
Same participation fee (above) with a 6-month membership extension for FREE.
The membership extension will be added to your existing contract period.
Programme Stakeholders Virtual Introductions - Phase 1
24 June 2020
Introduction to SingHealth
SingHealth is Singapore's largest public #healthcare cluster consisting of a network of acute hospitals, national specialty centres, community hospitals, and polyclinics offering over 40 clinical specialties.
INTERACTING WITH SINGAPORE STAKEHOLDERS (WORK-IN-PROGRESS)
Participants may have the opportunity to present to and virtually meet:
Singapore’s 3 healthcare clusters:
SingHealth & Singapore General Hospital (SGH)
Tan Tock Seng (TTSH) & Centre for Healthcare Innovation (CHI)
National University Health Systems (NUHS)
Khoo Teck Puat Hospital and Woodlands Health Campus
Health Science Authority (HSA)
Integrated Health Information Systems (iHIS), Singapore’s health ICT system integrator
MOH Holdings (MOHH)
Technology matchmaking event with Intellectual Property Intermediary Singapore (IPI)
Sharing experiences with Nordic Health companies (Laerdal Singapore, Molnlycke Health Care Asia-Pacific, others)
Asian Development Bank Ventures (ADB Ventures)
United Nations Development Programme (UNDP) Singapore Global Centre for Technology, Innovation & Sustainable Development
2019 Showcase Video: NIH-SG and 33 participating Nordic companies in the FinTech, Health, Circular Economy & Energy sector at the Singapore FinTech Festival (SFF) x Singapore Week of Innovation & TeCHnology (SWITCH).
We are accepting the applications for the Nordic Health Virtual Programme 2020. View the programme deck for more information, and sign up now! NIH-SG team will contact you later on with more details about the validation and interviews with different health institutions in Singapore. If you have any other inquiries, ping us at sg@nordicinnovationhouse.com.