Hewlett Packard Enterprise collaborates with Singapore EDB for a 3-year incubator programme

It plans to support 12 startups.

Hewlett Packard Enterprise (HPE) unveiled a three-year programme in collaboration with the Singapore Economic Development Board (EDB) to tap local technology startups and aid enterprise customers.

The project involves helping in the development and commercialisation solutions across a variety of industries, including manufacturing, distribution, financial services, communications, media and entertainment and the public sector.

According to the group, the program, dubbed as InnovateNext, increases HPE’s investment in Singapore to U$140m over the next five years.

“With our new InnovateNext program, HPE will now be able to provide our best-in-class technology and global partner ecosystem to promising technology startups in Singapore to help them turn ideas into commercially viable enterprise technologies solutions they can offer to prospective customers," said Meg Whitman, president and chief executive officer of HPE.

The InnovateNext program plans to support 12 startups, with the goal of developing solutions that are market viable around the world.

Additionally, HPE aims to co-innovate and develop 10 vertical solutions with enterprise customers, over the next three years.