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IPOS Launches ‘Online Innovation Platform’

Issued: May 01 2011

The Intellectual Property Office of Singapore (IPOS) has launched ideas2IP, an online innovation platform designed to bring inventors and investors together to commercialize good ideas.

Targeted at giving creative Singaporeans an avenue to further their ideas, the platform provides a conducive environment to encourage disclosure of new ideas and presents the opportunity for the ideas to be brought alive by investors with the means and experience.

Aimed at bridging the gap between IP creation and exploitation, ideas2IP will allow individual inventors to come forth to share their ideas with potential investors in a safe environment. Investors with the means and experience can help to fund and guide the further development of the ideas into a form that has commercial potential. With this platform, IPOS hopes to encourage IP owners, intermediaries and private sector companies to help turn ideas into commercial reality, according to a statement.

“To stay competitive in today’s globalized world, Singapore needs to compete not so much on costs and efficiency alone but more on ideas and innovation,” said Liew Woon Yin, director-general of IPOS. “IP is the means to that end. We are delighted to launch ideas2IP which will help bridge the gap between ideas creation and commercialization.”


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