NUS Enterprise’s revitalised i³ building, a launchpad for innovation and impact, officially opened on 16 September 2025, ushering in a new chapter for innovation and enterprise at the University. The event also marked the launch of two major co-investment partnerships and an international education initiative that will further strengthen Singapore’s role as a global hub for deep tech innovation.

In his remarks at the opening ceremony, Deputy Prime Minister Gan Kim Yong, the event’s Guest-of-Honour, emphasised that Singapore’s long-term investments in education, research, and innovation are among the nation’s enduring strengths.
“NUS has been an important partner in Singapore’s development – nurturing generations of skilled graduates; anchoring world-class research; and helping to seed new industries that are critical to our economic competitiveness – and today, the opening of this building is yet another step forward in that journey,” said DPM Gan Kim Yong.
To accelerate the growth of deep tech start-ups, NUS Enterprise launched a co-investment framework with SG Growth Capital, the strategic investment platform of the Singapore Economic Development Board and Enterprise Singapore. This framework channels greater capital into deep tech ventures and selected venture capital funds, with SG Growth Capital matching NUS Enterprise’s investments based on fund evaluation.
In parallel, NUS Enterprise signed a S$20 million co-investment agreement with Lotus One Investment Pte Ltd, part of the Lotus Singapore Group. This partnership will support both NUS spin-offs and venture capital funds, with profits significantly reinvested to strengthen NUS Enterprise’s innovation and entrepreneurship programmes.
Together with the S$150 million NUS Venture Capital Programme launched in July 2025, these initiatives significantly expand support for NUS-affiliated start-ups. “NUS is committed to creating stronger pathways for deep tech start-ups to succeed,” said Professor Tan Eng Chye, NUS President.
Dr Tan Sian Wee, NUS Senior Vice President (Innovation and Enterprise), added, “These partnerships strengthen our integrated ecosystem – uniting education, research, and venture creation – to attract outstanding talent and nurture start-ups that deliver innovation with lasting global impact.”
Under Dr Tan’s leadership, NUS Enterprise has developed an integrated ecosystem, or “flywheel”, that drives innovation and entrepreneurship. Each success nurtures talent, accelerates start-ups, attracts investment, creates jobs, and generates real-world solutions – momentum that powers the next wave of innovation. Guided by its “Three Ones” ambition, NUS seeks to achieve at least one venture generating over S$128 million (US$100 million) in annual revenue or creating 1,000 jobs; secure S$1.3 billion (US$1 billion) in financial returns from NUS ventures; and build enterprises that collectively improve the lives of one billion people worldwide.