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NUS InnovFest Unbound 2015, COSMIC NEAT IP License

The NUS InnovFest Unbound 2015 has been held at the Suntec Convention Centre & Expo in Singapore, presented by NUS Enterprise and AcreWhite. In its sixth year running, InnovFest Unbound 2015 was an event for industry players, entrepreneurs, SMEs, innovators, technology transfer professionals, and government agencies keen on innovation. NUS Enterprise’s NEAT IP (NUS Easy Access to Technology for Industry Partners) licensing scheme was presented, with COSMIC’s real-time map matching technology the first executed license with local startup company Sypher Labs Pte Ltd.

The 2-day festival includes many specialized sessions and panel discussions on the two days.

Yossi Vardi and Lily Chan

Yossi Vardi (founder of high-tech conference firm AcreWhite) and Dr. Lily Chan (CEO of NUS Enterprise) opened the InnovFest Unbound 2015 event.

Minister Vivian Balakrishnan and Yossi Vardi

Minister Dr. Vivian Balakrishnan and Yossi Vardi discussed innovation, entrepreneurship and their role in Singapore.

Sypher Labs Pte Ltd, which has executed an NEAP IP license for COSMIC’s real-time map matching technology, was participating with a booth. As reported by The Business Times, NEAP IP is a new programme by NUS to support entrepreneurs and startups in Singapore. More information is available on the School of Computing website here.

Shamir Rahim of Sypher Labs with Vivian Balakrishnan at InnovFest 2015

Sypher Labs CEO Shamir Rahim described the VersaFleet system to the Minister-in-charge of the Smart Nation Initiative, Dr. Vivian Balakrishnan.

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