Screenshot of the IDA Accredited Product mark from IDA's press release. Accredited companies will be able to use this mark in their commercial and marketing materials.
Singapore-based tech product startups can now apply for the Infocomm Development Authority of Singapore's (IDA) new accreditation programme to increase their chances at effectively competing for IT projects from government and large enterprises.
Known as Accreditation@IDA, the programme aims to "remove the perceived procurement risks associated with startups," said Edwin Low, director of Accreditation@IDA, at a media briefing on 29 July 2014.
Startups that apply for the accreditation will undergo technical, financial and operational evaluation that will ascertain their sustainability, ability to deliver as promised, as well as their product's core capability and claims, added Low. Accreditation status will be valid for 18 months and accredited companies will be reviewed by IDA to ensure the validity of the status.
To date, more than 20 companies have expressed interest in the programme and nine applicants are undergoing accreditation. While the products are mainly in the domains of data analytics, mobility and security, Low said that the accreditation programme is open to other domains too.
There are two ways in which startups can benefit from being accredited. Firstly, accredited companies will be considered first for innovative tech government projects. This however does not mean that these companies are guaranteed the project as the product needs to first meet the needs of the organisation or project, clarified Low.
Secondly, accredited startups will be able to leverage the partnerships that IDA has inked with several industry players including Amazon Web Service, CrimsonLogic, Fuji Xerox Singapore, S & I Systems, Intellectual Property Office of Singapore, and the Nanyang Polytechnic. Accredited startups will be given preferred access to the partners' customers and resources, as well as be provided with systems integration support, domain knowledge and capability development, said Low.
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