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14 March 2017

NUS helps build Block71 in Jakarta

NUS Enterprise is driving an expansion of the Singapore-based Block71 incubator into Jakarta.

Author: Thierry Heles, editor

Block71, a Singapore-based incubator and co-working space backed by National University of Singapore, has opened a branch in Jakarta, Indonesia, according to Tech in Asia.

The incubator, also backed by the Singaporean state, previously opened a branch in San Francisco and in Suzhou, China.

The Jakarta office is a partnership between NUS Enterprise, the commercialisation office of National University of Singapore that is responsible for Block71’s international expansion, and conglomerate Salim Group, which will provide access to its business network to startups.

The incubator’s original location in Singapore has grown to encompass several buildings with a capacity for 750 startups.

The overseas branches are expected to boost market opportunities for participating startups.

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