The Biofactory, a biomedical incubator supported by Singapore Polytechnic, aims to create successful biomedical companies from Singapore-developed technologies. Recently, it has also been recognised as an incubator under the National Research Foundation’s Technology Incubation Scheme (TIS).

The Biofactory’s key objective is to create more product-owners by bringing more Singapore-developed biomedical technologies, spin-offs and start-ups to the market. Of four start-ups established, two have been launched internationally in 2011.