The University’s 2,456 sqm of innovation and research space houses the Universities’ Research Centre (URC), a facility dedicated to nurturing academic inquiry and applied research. The URC supports faculty and students in conducting research, facilitates access to modern technology for government and private sector clients, and delivers training for hatchery enterprises and diagnostics in agriculture and health. While not formally labeled as an incubation hub, its functions align closely with university-based innovation services.

Chulalongkorn’s innovation ecosystem is anchored by the CU Innovation Hub, which supports startups and researchers in transforming ideas into scalable ventures. This ecosystem is complemented by CU Enterprise Co., Ltd., which helps commercialize university research and facilitates collaboration with industry. These platforms offer co-working spaces, business development programs, seed funding opportunities, and mentoring from seasoned entrepreneurs and academics.

NUS provides a robust incubation environment anchored by its BLOCK71 global network, dedicated co-working spaces, and flagship accelerators like the Graduate Research Innovation Programme (GRIP) and TS2 Accelerator. These platforms support early-stage startups with mentorship, access to research, and pathways to commercialisation. 

Startup Demo Day is ITB’s high-profile showcase event for startups in the PRIME STeP acceleration program. The event brings together startups, investors, government stakeholders, and regional partners to witness the outcomes of months of incubation. Demo Day positions ITB at the center of Indonesia’s innovation ecosystem and catalyzes the commercialization of university-based deep tech.

Angga Fauzan — Co-founder of MySkill, an edtech startup supporting youth career readiness.

Achmad Zaky — Founder of Bukalapak and venture firm Init 6, a key figure in Indonesia’s tech ecosystem.

Nurhayati Subakat — Founder of PT Paragon Technology & Innovation, home to cosmetic brands Wardah and Make Over.

ITB operates two major innovation hubs: the ITB Innovation Park (IIP) Ganesha on the main campus and the IIP Bandung Technopolis (Gedebage), which together span over 2,500 sqm. These facilities house incubators, research labs, co-working spaces, and business accelerators as part of the PRIME STeP program, a national strategic initiative funded by the Asian Development Bank.

VNUHN-Holdings — Launched in 2023 with funding from alumnus Đỗ Quang Hiển, this investment company is a landmark VNU initiative. It serves as a venture platform for commercializing university-born research and scaling spin-offs, strengthening the bridge between academia and enterprise.

Ngô Bảo Châu — A Fields Medal-winning mathematician and VNU alumnus, globally recognized for his breakthrough work in algebraic geometry and number theory.

A national-level showcase and competition that brings together startups, researchers, and industry leaders to present groundbreaking technologies and services. Held annually, the event emphasizes innovation, public engagement, and cross-sector collaboration, serving as a key platform to highlight university-led impact across science and society.

De Eco SR Hygiene Sdn. Bhd. — Founded in 2020, this USM spin-off develops sustainable hygiene products, including biodegradable sanitary pads. The company is celebrated for its innovative approach to green sanitation and has received multiple awards in eco-innovation and sustainable design.

Universiti Sains Malaysia provides co-working and innovation spaces that serve as launchpads for venture creation, fostering entrepreneurial activity among students and researchers.

Universiti Malaya Synergy of Research, Innovation & Industry – brings together academia, industry, and government to showcase cutting-edge inventions through INNOVEX and facilitate postgraduate research exchange via INTERACT. Held annually, this event strengthens interdisciplinary collaboration and accelerates real-world impact.

Bioapps Sdn. Bhd. — Founded by Prof. Dato’ Seri Ir. Dr. Noor Azuan Abu Osman, Bioapps is internationally known for high-quality, accessible orthopedic and prosthetic devices with a strong emphasis on social impact and medical innovation.

EssentiNutrien Sdn. Bhd. — Led by Prof. Dr. Fung Shin Yee, the company is the first to produce patented Tiger Milk Mushroom extracts with verified bioactivities, targeting chronic asthma and other health applications.

Xcess Pressure Sdn. Bhd. — Founded by Dr. Iswadi Jauhari, this green energy spin-off specializes in in-pipe hydro power generation and has secured pilot projects with major Malaysian utilities.

UM cultivates a thriving entrepreneurial culture through integrated programs and infrastructure. The university supports innovation through curriculum-embedded initiatives, innovation districts, student startup competitions, and industry-academic co-creation programs. Notably, the Deep Tech Startup Programme provides six months of venture-building support for research-driven startups, while various bootcamps and mentoring activities nurture entrepreneurial talent across all academic levels.

UI offers multiple innovation platforms and programs through its Science Techno Park (STP). It focuses on clean energy, biomedical technologies, AI, urban development, and disaster resilience. The park also facilitates spin-offs and collaborative R&D with government and private sectors.

Carousell | NUS

Redefining secondhand shopping for millions across Southeast Asia.

Founded by alumni of the NUS Overseas Colleges (NOC) programme, Carousell grew from a student idea into one of the region’s largest online marketplaces for pre-loved goods. Its simple, mobile-first platform made buying and selling seamless, empowering communities to embrace sustainable consumption.

Carousell reached unicorn status in 2021 with a valuation of US$1.1 billion, a milestone that reflects its impact on shaping the future of circular commerce.