Pictures of Angela Noronha & Law Chung Ming: Rainmaking & Enterprise Singapore
Corporate innovation firm Rainmaking is partnering government agency Enterprise Singapore (ESG) to launch an accelerator specific to the transport and logistics sector.
Dubbed the Supply Chain Resilience Accelerator, the programme looks to bring startups and corporates together to boost scalable technology solutions addressing the pain points of the sector.
The programme will benefit at least 20 startups specialising in supply chain solutions. There will also be a focus on startups that help in end-to-end visibility, automation, analytics and sustainability.
Rainmaking says it will also nurture these startups, foster valuable startup-corporate engagements to drive scalable pilots and provide access to investment opportunities.
Through this programme, Rainmaking is looking to spot weak links and build back the fragility in global trade brought on by the pandemic, says Angela Noronha, Director for Open Innovation at Rainmaking.
The way she sees it, piloting outside tech can be an efficient way to test viable solutions to big problems provided companies de-risk and design for scale.
“Our programme does precisely this by helping corporate decision-makers and startups to work on compelling business opportunities, anticipate operational risks, and ultimately co-create solutions fit for wider industry adoption,” adds Noronha.
Rainmaking has started to engage organisations from different industry verticals as corporate partners to run pilots from Singapore. One such organisation it has partnered is agricultural giant Cargill.
Law Chung Ming, executive director for transport and logistics at ESG believes the accelerator can complement ongoing efforts in accelerating businesses adoption of tech-enabled tools.
“This will in turn help to strengthen our local ecosystem and Singapore’s status as a global hub for trade and connectivity,” he stressed.
