Key Partners
ROLE
Industry
The Private Sector enterprises, such as commercial banks, investment funds with a focus on
innovation projects, Sovereign Wealth Funds, and VC funds will fund the operation of ROIC
and technology development life cycles within the Campus. The Private Sector
organizations can also be capable of providing a number of value-adding services to the
occupants, such as support for marketing, recruitment, access to external finances, such as
venture capital and business angel investments, establishing networks with other companies
and/or universities, developing business plans, business education and training, thus,
contributing to the governments objective of encouraging SME development in the STI
sector.
Another important aspect of Industry engagement is that MNCs will create their R&D
centers within ROIC while using (renting) ROIC lab facilities and giving an industrial order to
the researchers and experts working in the labs. The bigger benefit of this could be the
creation of demand-driven research & innovation, which will further close the gap between
university/research institutions and the industry.