Following 9 months of fast growth, Budding Innovations has moved to "The Hive" as our official co-working space. After house hunting for several months already, we have selected The Hive as the space fitting our needs and equity best. It's a beautiful 5 floor co-working arrangement with warm woody interior, fabulous staff, a vibrant community of entrepreneurs, an active social agenda of activities, and services (and cost structure) fitting bootstrapped start-ups. We look forward operating out of The Hive, and welcome our partners and incubatees to join us here.
EcoWorth Tech was BI's first incubatee, as an NTU spin-out, when we started in September 2015. In only 9 months time, we incubated what was originally a promising patented technology, into an operating Start-up with this technology translated into applications that are generating strong traction with potential customers. We introduced EcoWorth Tech to the public and the media during InnovFest UnBound, in Marina Bay Sands on May 17-18. Over the 2 days, we received very positive feedback on the market relevance of the Carbon Fiber Aerogel, and the intended applications. The foundations have also been laid for productive discussions with interested investors. We are extremely pleased, and excit
