The new Accreditation@IDA programme aims to help innovative technology startups build their credentials so that they can be positioned as qualified vendors capable of handling projects by government agencies and large enterprises.
Companies that apply for accreditation will need to undergo technical
assessments to ascertain their product's core capabilities and claims.
IT service providers HP and Cognizant will provide the software testing
tools, along with accreditation best-practices and methodologies, at an
accreditation lab set up within IDA Labs@HQ.
The accreditation programme will be open for application in July
2014. Companies' financial performance and operational capabilities will
also be taken into account in the process. Successful companies would
be awarded an accredited status for 18 months.
To enhance market opportunities for accredited technology startups,
IDA will be engaging potential buyers in the public and private sectors
to support these companies. For example, IDA will facilitate
Proof-of-Concepts and product demonstrations to potential buyers and
In addition, the Government procurement process is being
reviewed to facilitate Government's procurement from accredited
companies and enable Accreditation@IDA to be considered in place of
financial grading for start-ups.
"At IDA, we are constantly looking at different ways to help grow
Singapore-based tech companies that have the vision to build tech
products that address big challenges. IDA Labs and the Accreditation@IDA
programme are two examples of how we want to help in practical ways to
support the building of some great tech-product companies," said Steve
Leonard, Executive Deputy Chairman, IDA.
As the support of industry partners is instrumental in growing tech
talent and building tech companies and products, IDA Labs is partnering
Red Hat to provide IDA Labs users with advice from Red Hat experts and
the open source community. IDA Labs and Red Hat will also organise an
international challenge to discover innovative technology projects that
not only meet functional requirements, but also user-friendly and
IDA Labs is also working with Intel to provide its latest
technologies, R&D resources and technical expertise to IDA Labs
users. Intel will also help local ICT companies bring their products to
overseas markets via its global platforms.
IDA Labs' partnership efforts also extend to the Singapore Management
University (SMU) Institute of Innovation and Entrepreneurship. The SMU
community can use IDA Labs to test their ideas and eventually translate
them into actual products and solutions. IDA Labs and SMU will
facilitate the commercialisation of innovations, either through
co-development or by adopting solutions to be used in government
Read more about Accreditation@IDA
Learn more about IDA Labs