French Minister for Digital Sector launches La French Tech community in Singapore
The French Minister of State for the Digital Sector, Mr Mounir Mahjoubi, who was on a working visit to Singapore on 18th September for high level bilateral talks, officially launched the French Tech Singapore community at the Singapore Week of Innovation and Technology (SWITCH).
The French Minister of State for the Digital Sector, Mr Mounir Mahjoubi, who was on a working visit to Singapore on 18th September for high level bilateral talks, launched the French Tech Singapore community at the Singapore Week of Innovation and Technology (SWITCH). He was accompanied by a delegation of eight French startups on an exploratory business mission in Singapore and Malaysia.
Bringing together an active community of nearly 800 members, “French Tech Singapore” comprises a group of particularly dynamic French entrepreneurs, with the support of local French government representatives, and drawing on the experience and feedback from existing French Tech communities.
This launch, made within the framework of the 2018 France-Singapore Year of Innovation, confirms the strategic role of Singapore as a regional development site for La French Tech. Last July, Singapore launched similarly its Global Innovation Alliance (GIA) programme in France, the first in Europe, led by the Economic Development Board (EDB) and Enterprise Singapore (ESG), with the signing of three agreements.
It also confirms the two countries’ commitment to implement the France-Singapore Roadmap for deepening cooperation in digital innovation, internet governance and cybersecurity, signed on 13 July 2018 between the President of the French Republic Emmanuel Macron and Singapore’s Prime Minister Lee Hsien Loong.
Several actions have already been undertaken by the French Tech Singapore, including the launch of the website https://frenchtech.sg/, featuring a playbook for French entrepreneurs seeking to settle in Singapore, the creation of a federation of French investors which wants to gather venture capital stakeholders and 20 French private investors based in Singapore, the organization of regular events in Singapore on areas such as artificial intelligence, connected and smart nations, fintech, augmented and virtual reality, the future of work as well as the organization of a workshop in partnership with Enterprise Singapore at the Viva Technology Fair in May 2018.
During his speech, Minister Mahjoubi highlighted the French governement’s strong ambition to facilitate and encourage a greater internationalization of the French ecosystem, with the international expansion of its startups and the opening up to stakeholders and talents eager to use France as their launchpad. Minister Mahjoubi said: "Support for internationalization is a key driver of our strategy in order to keep the French Tech thriving with even more champions on board!”
While in Singapore, Minister Mahjoubi called on Prime Minister Lee Hsien Loong at the Istana, with Minister for Trade Relations S Iswaran, to discuss cybersecurity, innovation and internet governance issues. Minister Mahjoubi met with Singapore’s Minister for Trade and Industry Chan Chun Sing and Senior Minister of State Koh Poh Koon with whom he talked about the Global Innovation Alliance programme in France and the French Tech initiative in Singapore. Minister Mahjoubi also had a bilateral meeting with Ministry of Communications and Information’s Minister of State Janil Puthucheary to talk about cybersecurity, e-governance and smart cities. The two discussed the need to lay out a new international charter caution principles on internet governance and how to live well with large platforms. They also witnessed the signing of a memorandum of understanding (MoU) by Singapore’s Cyber Security Agency and France’s National Cybersecurity Agency for deepening the collaboration in cybersecurity between France and Singapore.