The Singapore government has always been serious about investing in new sectors, especially when it comes to technology that has the potential to transform the future.
On top of that, the Singapore business community has really established itself as one of the most important hotbeds for startups and technology companies, rivaling Silicon Valley in the United States as a real incubator for successful operation leveraging technology and innovation.
In the last few years, however, both the Singapore government and the Singapore business community – with outside investment from around the world – have been funneling a tremendous amount of capital into the deep technology startup and research communities. This is all done in an effort to promote “smart capital”, that has the potential to drive new technology that can transform the world going forward.
The world of “Deep Technology and Research” is one that isn’t all that understood by traditional investors and capitalists, as it doesn’t necessarily deal with technology that is already commercially viable for soon to be commercially viable.
Instead, these solutions are much more focused on bringing theoretical projects to life, looking for new ways to create modern intangible solutions to projects that would have been thought to be impossible in the past. We’re talking about the kinds of projects that Jules Vern may have dreamt up, or the kinds of projects that we’ve seen in science fiction films and television shows for more than 50 years now.
Basically, the world of deep technology and research is all about creating the future that the Jetsons enjoyed today and tomorrow, transforming the world around us with revolutionary new solutions as opposed to evolutionary innovations.
This may seem like a bit of a minor distinction on the surface, but we’re talking about new technology and research that could eventually lead to groundbreaking new solutions in the world of finance, in the world of medicine, in the world of research and development, and especially in the world of space exploration and deep-sea exploration (which share a lot more in common than many people understand).
At the end of the day, these major initiatives – representing hundreds of millions of dollars in investment in Singapore based startups and operations – represent the same kind of forward thinking that the people of Singapore have really embraced ever since day one.
The government has always been pro-business and pro innovation, the people have always been very educated and excited about new opportunities and potential, and now outsiders from the global community are starting to get into the swing of things with Singapore as well.
Make no mistake about it, other nations and companies around the world are also making the same kind of investments as well, but most people are hedging their bets on Singapore leading the charge. This is because of the already amazing infrastructure they have as well as a government and a culture that desires to push our global community forward through research and technology, believing startups are the ones to catapult us forward faster than we would have thought possible before.