Written reply to PQ on data on First Mover Framework applications, approval rates and commercialisation outcomes in last five years

Question:

Mr Ng Shi Xuan: To ask the Minister for Trade and Industry (Energy and Industry) for each year over the last five years (a) what is the number of applications received under the First Mover Framework; (b) what is the number of successful applications; and (c) what is the number of successful pilots that led to commercialisation.

Written Answer by Minister for Trade and Industry (Energy and Industry) Dr Tan See Leng

1.           The First Mover Framework (FMF) aims to facilitate a pro-enterprise environment by giving entrepreneurs with groundbreaking, innovative business ideas a head start with the use of public land or spaces. Successful applicants with approved projects will be awarded a direct allocation of state land or public spaces to test their product or service under market conditions for a trial period. Since 2021, 47 applications have been submitted, of which 13 were approved. Among the successful applications, six have since progressed to commercialisation.