IC Cafe Singapore is setup in year 2014 by more than 40 professionals with ample experience from IC, IT industries and national research institutes from Singapore. Majority of those professionals are currently withhold middle to senior management role and 70% of them are master and doctorate degree holders, companies include: 3M, SSMC, Micron, UMC, STMicroelectronics, GLOBALFOUNDRIES, UMC, SSMC, Q
ualcomm, MediaTek, Intel, IBM, Applied Materials, Infineon, Samsung, Huawei, Soft Bank and research institutes of A*STAR, NTU, NUS, etc. The intention of setting up IC Cafe is to provide a platform for IC and IT related professionals and entrepreneurs to meet, share ideas and learn from each other. IC cafe improves the relationships between shareholders from IC and IT industry, who originally relied almost on the internet or government related associations to form contacts. It also serves as a community where startup companies go to work on their projects. Team can set up office for the day and have access to a library of reference books, job boards, and the venture capitalists that also frequent the space. With around ten early-stage startups working in the office at any given time, IC Cafe Singapore has become a go-to place for entrepreneurs to meet, exchange ideas, and in a dozen instances which serves similar role as an incubator for Singapore startups. IC Cafe Singapore arranges meetings and organizes workshops on technology and business every month. Since the establishment, IC cafe has organized more than gatherings, with themes including e-commerce, network security, IC market and distribution, and the mobile internet. So far, IC Cafe Singapore has a fun group of more than 700 people, the workshops have attracted nearly 1,000 attendees. Singapore has its unique proposition as one of the most innovative and preferable locations for businesses, it also serves as the hub for many famous MNCs to open branches or setup the headquarters. Singapore government has put numerous efforts and setup policies to encourage innovation and startup enterprises. With the close collaboration with IC Cafe China (Shanghai, Beijing, Shenzhen, Xi’an, etc) and IC Cafe Silicon Vally, IC Cafe Singapore is able to leverage the huge business opportunities from China and US, and helps those companies to bring businesses to Singapore, as well as to help Singapore based startups to expand their business globally.