Page 32 - Enhancing innovation and participation in smart sustainable cities
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United for Smart Sustainable Cities
                                             Enhancing Innovation and Participation

                    this innovation boom by creating policies that serve to ease the start-up process, as well as connecting
                    researchers and inventors with investors, and providing matching grants. For example, for every S$1
                    invested, the National Research Foundation will add S$5, up to a maximum of S$500 000. All of this spurs
                    innovation, and entrepreneurs can get matching grants of up to S$50 000. In addition, Singapore is
                    almost the perfect laboratory for testing smart technology concepts. For example, due to its water
                    scarcity, it is now a leader in desalination and filtration systems.
            ƒ       Business environment
                    Singapore’s business-courting apparatus, the Economic Development Board (EDB), created an enticing
                    environment for foreign business and world-renowned companies like Texas Instruments, Hewlett-
                    Packard and General Electric to come and set up. In more than one way, Singapore has rapidly evolved
                    from borrowing innovation to attracting and seeding the brains to create it.  Working under this
                    expanding business environment,  Singapore has integrated smart planning into its ICT and other
                    technology and business-related areas. This is also evident in its innovation of advanced material
                    manufacturing and green buildings among many others. For example, Sky Greens is the world’s first ever
                    low-carbon, hydraulic water-driven vertical farming system. It occupies one hectare and yields more than
                    10 times the amount of crops as conventional cultivation at just the fraction of the cost. This is just one
                    example of a Singaporean success story that benefitted from government  support, corporate
                    matchmaking and diffusion of capital.
            ƒ       Creative communities

                                               a
                    Singapore’s skilled workforce is shining example that ranges from arts to sciences. With a high number
                    of millennials running entrepreneurship enterprises, Singapore is quickly becoming a creative hot spot
                    for young professionals. By encouraging projects and initiatives that span across sectors and not just
                    tech-related fields, the country wants to build its workforce to inculcate the idea of smart working into
                    its relatively diverse workforce.

                                       BOX 1 – ITU and Singapore smart-city pilot project

                                           ITU smart-city pilot project in Singapore
             The city of Singapore has entered into a unique partnership with ITU, which is the United Nations specialized
             agency for information and communication technologies. This collaboration involves the implementation of the
             ITU key performance indicators (KPIs) for smart sustainable cities in Singapore, in line with its Smart Nation
             initiative.
             This pilot project will allow Singapore to measure its progress vis-à-vis its smart-city goals and will determine
             the level of smartness and sustainability of the city. The results from this pilot project will be utilized by the
             Advisory Board for Smart Sustainable Cities, which consists of 16 United Nations Agencies, to upgrade the
             existing KPIs and create the first Global Smart Sustainable City Index. This index is expected to serve as the
             universal basis for assessing smart and sustainable  city transitions worldwide, thereby  allowing urban
             stakeholders to accurately deduce the extent to which their city can be referred to as a smart sustainable city.


            3       Conclusions

            Within 50 years, Singapore has not only evolved into one of the world’s wealthiest nations, but also one of the
            most business-friendly countries, with a government that fosters growth and innovation. The city has done so by
            using and capitalizing on its well-integrated, well-educated and forward-looking population. It has also brought
            and invested in talent (local and international) from various fields to help grow its industries. Keeping the citizens
            and stakeholders in mind is an important factor for the building of any smart city or nation. Accordingly, Singapore
            has invested in the liveability of a nation and created world-renowned living standards for its citizens. This has not
            only improved local economic and social growth, but has also attracted top talent from around the world.
            A Smart Nation is about fostering an innovation environment and overcoming challenges such as connectivity or
            working in silos, which are faced by most governments  around the world. Overcoming these challenges will
            subsequently lead to an ecosystem that is supportive of innovation, sustainable economic growth and
            environmental protection/conservation. Singapore also has  various national-level  coordinating agencies that




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