NEWRITech (working together with NTUitive*) is to identify the markets for technologies for the water and environmental domains, thereby narrowing the gap between industry needs and NEWRI’s technology capabilities.
Other than commercializing the existing IPs, NEWRITech’s primary objective is to gain a strong foothold in the market by providing applicable solutions with engineering know-how, which the most direct method is to collaborate with industry partners. This partnership does not stop once the IP is established, NEWRITech would continue to monetize further, either within NEWRI and/or its spin-off companies, as well as continuous flow of R&D activities.
* Nanyang Technological University – NTUitive Pte Ltd (“NTUitive” in short) is the University’s innovation and enterprise company. NTUitive supports the University’s mission to develop an innovative ecosystem to encourage innovation, foster entrepreneurship and facilitate the commercialisation of research.