LAUNCH OF INAUGURAL IP HATCHDAY AT TECHINNOVATION 2017

LAUNCH OF INAUGURAL IP HATCHDAY AT TECHINNOVATION 2017

Warm response at launch event that kick starts inaugural Intellectual Property-driven open
innovation competition.

Jason Loh, CEO and Founder, Piece Future Pte Ltd.

[Singapore, 20 September 2017] The inaugural IP HatchDay, an open innovation competition that
aims to leverage on Intellectual Property (IP) an
d technologies to develop scalable business ideas,
will be launched at TechInnovation 2017 on 20 September.

IP HatchDay is organized by Piece Future Pte Ltd and supported by the Intellectual Property
Intermediary (IPI), a non-profit organisation established under Singapore’s Ministry of Trade and
Industry.

Winners of IP HatchDay will receive a starter kit for success, consisting of mentoring, business
networks, exposure to institutional partners, funding and incubation opportunities. Prizes also
include the added element of granted IPs and technologies, which are offered by three renowned
institutions: Panasonic, Temasek Polytechnic and IP Bridge.

More than 200 individuals have registered for the IP HatchDay launch, including individuals and
representatives from Small and Medium Enterprises, multinational corporations, legal firms and
industry organisations. Attendees will experience first-hand how IP and technologies can be
commercialized by getting a glimpse of the 10 innovative business concepts and supporting IP and
technology portfolios on offer at IP HatchDay.

The IP driven open innovation competition aims to introduce a fresh proposition to complement the
government’s 10-year IP Hub Masterplan to develop Singapore into a global IP hub.

“Innovation is limitless and intellectual properties are incredible source of ideas,” said Jason Loh,
CEO and Founder, Piece Future Pte Ltd. “Intellectual properties may be like diamonds in the rough
sometimes but Piece Future knows exactly how to make their value shine through.”

First round submissions for IP HatchDay close on 5 November 2017. For more information, please
visit www.iphatchday.com

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