Singapore's Infocomm Investments Pte Ltd (IIPL) has found a new head in Dr Alex Lin, a veteran in the startups and technology scene.
Dr. Lin came on board on 1 December 2013 to serve this wholly-owned subsidiary of the Infocomm Development Authority of Singapore's (IDA) which invests in growth-stage infocomm startups.
According to a statement by IIPL, Dr. Lin will work closely with IDA Executive Deputy Chairman, Steve Leonard who also serves as Chairman of IIPL. Dr. Lin's responsibility is to strengthen the tech startups ecosystem in Singapore.
Dr. Lin succeeds Lim Kuo-Yi, who led IIPL from September 2010 to September 2013.
"On behalf of the Board of Directors of IIPL, I welcome Alex, who brings a wealth of experience in tech entrepreneurship. The Board also expresses our deep appreciation to Kuo-Yi, who helped deepen IIPL's relationships with the startup community," said Steve Leonard.
Dr. Lin is a trained engineer who obtained his Electrical & Computer Engineering degree at University of Wisconsin (Madison) and Doctorate at Stanford University. He is active in community service, especially in the entrepreneurship development space. He is an active member of Action Community for Entrepreneurship (ACE), and ACE grant review panelist.
For the past ten years, Dr. Lin has held a variety of roles in which he actively built companies, mentored entrepreneurs, invested in startups and worked closely with Singapore universities promoting creation of rapid-prototyping capabilities and incubators.
In his new role, besides continuing IIPL's existing work to make equity investments in promising tech companies, Dr. Lin will also help IIPL sharpen its capability to help promising Singapore-based tech product startups take their products and solutions from concept to commercialisation. "Instigating, accelerating and investing in technology startups are keys to Singapore's economy growth and this will be IIPL's focus," he said. "We are creating a vibrant technology startup ecosystem in Singapore."
Managing more than US$200 million worth of funds, Infocomm Investments invests alongside leading venture capitalists in growth-stage infocomm enterprises.
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