A NEW hub connecting startups, organisations and professionals in the healthcare industry opened its doors to the community on Monday.
The medtech hub, Catalyst, aims to quicken and improve the development of products and services that prevent or cure diseases. It is supported by healthcare clusters SingHealth and the National Healthcare Group, and innovation and enterprise office the National Health Innovation Centre. The third healthcare cluster, National University Health System , is in talks to come onboard as a partner as well.
Vivian Balakrishnan, Minister for Foreign Affairs and Minister-in-charge of the Smart Nation initiative, officiated the opening ceremony. Startups will have opportunities to be matchmade with clinicians and corporates, get mentored, attend workshops and take part in hackathons. Meanwhile, corporates and healthcare professionals can gain exposure to medtech solutions or start new ventures.
The 3,200 square feet co-working and events space sits within the Alumni Association Medical Centre on College Road, next to Singapore General Hospital and within close proximity to other healthcare and educational institutions at Outram Park.