First co-working space for biotech startups in Singapore to launch in November

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SINGAPORE - With pastel coloured walls, neon decorations and plush sofas, a co-working space in Biopolis can be mistaken for a cafe or a blogshop's retail outlet.. Read more at straitstimes.com.

SINGAPORE - With pastel coloured walls, neon decorations and plush sofas, a co-working space in Biopolis can be mistaken for a cafe or a blogshop's retail outlet.

Her company, Engine Biosciences, was located at the premises of the Agency for Science, Technology and Research, but grew too large to continue operating there. "Researchers who can't find a space can't validate their technology, and if they can't validate their technology, no investor will invest in them," she said.

Ms Teo said the provision of such equipment will give startups the flexibility to grow or adjust their size without having to invest substantially in equipment and infrastructure, which can be costly for a startup.As an incubator, NSG Biolabs will also provide funding and advice to startups in such areas as pitching, fundraising and going commercial.To reduce it, each company's researchers will have their own lab bench that they will not share with others.

 

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